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347 organizations representing a true grassroots movement—spanning business to housing to environmental advocacy groups, issued a statement of support to protect rooftop solar in California.

The open letter signed by a diverse coalition of organizations, sent to Governor Newsom and the California Public Utilities Commission, demands state leaders keep solar affordable in California as the Newsom Administration considers changes to “net energy metering” (NEM), the state policy that defines how solar users send energy back to and interact with the electric grid.

Solar is incredibly popular in California, in part because net metering is putting the benefits of rooftop solar in the hands of more people by making it more affordable. In fact, working and middle-class neighborhoods make up nearly 50% of today’s rooftop solar market.

“80% of Californians support net metering as it is today because it is proving successful and bringing solar to more homes, schools and small businesses,” said Dave Rosenfeld, Executive Director, Solar Rights Alliance. “Net metering is helping bring costs down and making it possible for more people to access the savings, resilience, and other benefits of solar power while also moving California closer to our clean energy goals. Voters of all backgrounds want to continue that progress. They know the utilities do not have their best interests in mind.”

Proposals submitted by the big utilities to gut net metering would drastically reduce the credit solar consumers receive for the excess energy they produce and add a $65–90 monthly solar penalty fee to their energy bills.

By holding back rooftop solar, which is more efficient, the utility profit grab would cost California tens of billions of dollars over time and each ratepayer $295 a year.

“While the big investor owned utilities have money and political influence, our power comes from our diverse coalition representing the needs and desires of environmentalists, conservationists, farmers, students, disabled communities, renters, churches, schools, labor, and small businesses across the state,” said Jessica Tovar, Energy Democracy Organizer with the Local Clean Energy Alliance. “Our grassroots coalition represents California voters from all walks of life, who overwhelmingly support the growth of local solar; like microgrids and oppose the push by investor-owned utilities to increase their own profits by making solar more expensive for everyone.”

By undermining net metering, making solar more expensive for everyone and halting critical clean energy expansion, the utility profit grab is out of step with California’s environmental and clean energy goals and the growing need for a reliable energy supply in the face of wildfires and grid outage events.

“California is in a climate emergency, with record shattering heat waves, drought and wildfires spreading across the state,” said Laura Deehan, State Director of Environment California. “With so much at stake, California gutting net metering would reverse our trajectory as a leader in solving global warming right when our leadership is needed most.”

The Save California Solar coalition is calling on the CA Public Utilities Commission to strengthen net metering in two ways by making it easier and more affordable for everyone, and increasing battery accessibility for those who go solar, thereby increasing the community benefits of rooftop solar.

“At a time when many of California’s 18 million tenants are just fighting to remain housed, investor-owned utilities are trying to drive up their rates if their building includes rooftop solar,” said Mari Perez-Ruiz, Chair of the California Democratic Party Renters Council. “Renters deserve more rooftop solar, not more bailouts to PG&E, SoCal Gas, and Sempra.”

“Communities of color are those most impacted by climate change,” said Coalition for Environmental Equity and Economics (CEEE) co-founder Rev. Dr. Ambrose Carroll, Sr. “They are the communities that live with the health consequences of environmental hazards, and they lack the resources to quickly bounce back from natural disasters. CEEE has a high sense of urgency to ensure California public policy makes the communities we care about a priority.”

Save California Solar: Save California Solar is a coalition founded by the Solar Rights Alliance, California’s association of solar users, to help ensure that rooftop solar continues to grow and benefit every Californian. Learn more at www.savecaliforniasolar.org.

Article courtesy of Save California Solar.

 

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Trump’s Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing

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Trump's Truth Social takes step toward launching bitcoin ETF with NYSE Arca filing

Anna Barclay | Getty Images

President Donald Trump’s Truth Social platform moved a step closer to having a bitcoin exchange-traded fund available to everyday investors.

NYSE Arca, the all-electronic arm of the New York Stock Exchange that handles most ETF trading, filed on Tuesday to list a bitcoin fund linked to the president’s media company, the latest sign of Trump’s expanding push into the crypto world. Known as a 19b-4 form, the filing is required before regulators can decide whether to allow the fund to launch and trade on a U.S. exchange.

Called the Truth Social Bitcoin ETF, the fund is designed to track the price of bitcoin and offer a simpler way for investors to gain exposure without holding the asset directly. The filing follows an announced partnership between Trump Media and Crypto.com in March to bring a suite of digital asset products to market later this year, pending regulatory approval.

Those planned offerings include baskets of cryptocurrencies, such as bitcoin and Crypto.com’s native Cronos token, combined with traditional securities. The products will be branded under Trump Media and made available to global investors through major brokerage platforms and the Crypto.com app, which serves more than 140 million users worldwide.

Since the January 2024 launch of spot bitcoin ETFs, the market has swelled to more than $130 billion in total assets. BlackRock‘s iShares Bitcoin Trust (IBIT) accounts for the lion’s share, with nearly $69 billion in assets, making it the largest digital asset manager in the world.

Trump is the majority owner of Truth Social’s parent company, Trump Media & Technology Group, which has made a series of crypto-aligned moves in recent months — from trademarking digital asset products to unveiling a $2.5 billion bitcoin treasury plan last week in Las Vegas. If approved, the ETF would represent one of the most politically connected entries into the booming market for bitcoin funds.

WATCH: SEC Commissioner Peirce on dropping Binance case: We’re writing the rules first, then enforcing

SEC Commissioner Peirce on dropping Binance case: We’re writing the rules first, then enforcing

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West Virginia just hit a solar milestone but there’s a major catch

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West Virginia just hit a solar milestone but there’s a major catch

The third of a quintet of West Virginia solar farms just came online, and while that’s a renewable milestone, there’s a disappointing hitch.

3 out of 5 West Virginia solar farms are online

FirstEnergy subsidiaries Mon Power and Potomac Edison have launched a 5.75 megawatt (MW), 17,000-panel solar farm at Marlowe in Berkeley County. The new solar farm sits on about 36 acres of land along I-81 and the Potomac River – land that used to store ash from the retired R. Paul Smith Power Station.

In 2022, FirstEnergy wrapped up a major cleanup effort, pulling more than 3 million tons of ash from the site to be reused in cement manufacturing. With the landfill officially closed, the company cleared the way to turn the former waste site into a clean energy generator as part of its solar program. Fifty-four local union workers constructed the solar farm, which features US-made solar panels, a racking system, and electrical equipment.

It’s the third of Mon Power and Potomac Edison’s five solar farms that will generate up to 50 MW of clean energy combined. The companies completed their first solar farm at Fort Martin Power Station (18.9 MW) in early 2024, and their Rivesville solar site (5.5 MW) came online last fall. In total, the companies now have 30 MW of solar capacity.

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Electrek’s Take

Combined, the five projects will create more than 87,000 Solar Renewable Energy Credits (SRECs) available for purchase by customers for 4 cents per kilowatt hour in addition to normal rates. Aside from the essential benefit of cutting carbon emissions, there isn’t anything else in it for customers, apart from spending, on average, an extra $40 or so a month out of the goodness of your heart to go solar. Heck, you don’t even get a T-shirt.

Mon Power and Potomac Edison – why are customers being charged MORE to buy into solar in West Virginia? That’s a stick, not a carrot. (And WV? Coal’s not coming back. It doesn’t matter what Trump says.)

But solar growth anywhere is something to be cheerful about, and solar energy in coal-state West Virginia is progressing. According to the Solar Energy Industries Association, as of Q4 2024, 205 MW of solar is installed in West Virginia. So, it’s no surprise that it’s at the bottom – it’s ranked 49th in the US for the amount of solar installed. However, it’s projected to reach 40th place over the next five years with 1,064 MW, so at least it’s expected to improve.


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Kia’s low-cost EV4 is getting the GT treatment: Here’s our first look at the interior

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Kia's low-cost EV4 is getting the GT treatment: Here's our first look at the interior

Is the Kia EV4 GT the affordable electric sports car we’ve been waiting for? Kia’s first global electric sedan is about to get a sporty upgrade. After the EV4 GT was spotted in public, we’re finally getting a glimpse of the interior.

Kia EV4 GT spotted, revealing first look at the interior

The EV4 arrives as one of the most highly anticipated electric cars of 2025. After opening orders in Korea earlier this year, Kia will launch it in Europe later this year and the US in 2026.

Kia’s electric sedan starts at just 41.92 million won, or around $30,000 in Korea. Although prices for Europe and North America have yet to be revealed, the entry-level EV is expected to start at around $35,000 to $40,000.

Despite its typical four-door design, Kia labels it as an “entirely new type of EV sedan” with a wide stance and fastback silhouette.

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Although the EV4 already has that sports car look, Kia is about to introduce an upgraded GT variant that could be a true Tesla Model 3 Performance challenger.

Kia-EV4-GT-interior
Kia EV4 GT-Line (Source: Kia)

Who could forget the EV6 GT? It hit the market in 2022 as “the most powerful Kia production vehicle ever.” With 576 hp, the high-performance EV could hit 0 to 60 mph in just 3.4 secs, faster than the average Ferrari or Lamborghini.

With significant advancements in battery technology, powertrain, and other areas over the past few years, the EV4 GT will likely offer even more.

Kia-EV4-GT-interior
Kia EV4 GT-Line (Source: Kia)

The EV4 GT was spotted outside Kia and Hyundai’s facility in Korea, and a few spy photos give us a glimpse of the interior for the first time.

The new video from HealerTV reveals a few interior upgrades the GT model will get over the standard EV4. As you can see, it resembles the EV9 GT interior almost identically. The only slight difference that we can see is the different material on the upper part of the seating.

Kia EV4 GT interior first look (Source: HealerTV)

Like the EV6 GT and EV9 GT, the EV4 GT will also include an adjustable ambient lighting feature, allowing you to customize the interior color and brightness.

Although it’s covered, the EV4 GT is expected to feature Kia’s new ccNC infotainment system. The panoramic curved display includes dual 12.3″ driver and navigation screens.

kia-ev4-gt-interior
Kia EV4 GT-Line interior (Source: Kia)

The exterior is likely to receive a more aggressive front-end design and larger wheels, similar to those of other Kia GT vehicles. Although the final specifications have yet to be revealed, the EV4 GT is expected to feature an all-wheel-drive (AWD) dual-motor powertrain.

In Korea, the EV4 is available in two battery options: 58.2 kWh and 81.4 kWh, offering a driving range of 237 miles or 331 miles (533 km). The GT variant is likely to use the larger 81.4 kWh battery pack, similar to other GT models.

Kia-EV4-GT-interior
2026 Kia EV4 electric sedan (Source: Kia)

Kia will launch the EV4 in the US next year, featuring a built-in NACS port to access Tesla Superchargers and an EPA-estimated driving range of up to 330 miles. Prices will be revealed closer to launch, but the EV4 is expected to start at around $35,000 to $40,000. The GT variant could cost upwards of $50,000 to $55,000, with the 2025 Kia EV6 GT starting at $63,800.

The Tesla Model 3 Performance starts at $54,990 in the US with 298 miles range and a 0 to 60 mph time in 2.9 seconds.

Will the Kia EV4 GT match it? Let us know your thoughts in the comments.

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