pvMB: 850 MW of solar portfolio transactions, updated residential ROIs, surveys, more!

In today’s pv magazine morning brief, John Hancock and APEX Clean Energy buy into 412 and 443 MW solar portfolios, Solarpowerrocks.com updates their residential return on investment charts, Swift Solar raises $4.6 million for perovskite research, Wood Mackenzie requests residential acquisition costs survey, more!

January 7, 2019 John Fitzgerald Weaver

NREL - Hit me with your Sunshot

APEX Clean Energy acquires 442.5 MW of solar projects under development in Virginia. The SolUnesco transaction includes the 150 MW Carvers Creek, 150 MW Moody Creek, 130 MW Red Brick, and 12.5 MW Rivanna projects located across the Commonwealth. This acquisition expands Apex’s nationwide portfolio of advanced solar projects to more than 3 GW, with roughly 700 MW of that situated in the Commonwealth. Source

Pine Gate Renewables has entered into a partnership with John Hancock to own and manage 413 megawatts across 35 solar facilities in North Carolina, South Carolina, and Oregon. Terms of the deal weren’t released. Source (pdf).

Wood Mackenzie’s U.S. Residential Solar Customer Acquisition Survey. Since Tesla acquired SolarCity in late 2016, the company went from installing over 200 MW of residential solar per quarter to about 50 megawatts per quarter more recently. But during this time, Wood Mackenzie estimates that the company’s customer-acquisition costs fell from nearly $1.00/watt to under $0.50/watt. If cutting soft costs was one of Tesla’s top goals, it was certainly achieved. Wood Mackenzie specifically wants to know – are you aiming to cut acquisition costs or first to scale? Link to the Survey

Solarpowerrocks.com has updated their State Solar Power Rankings Report with 2019 legislation. The report delivers 11 grades on 10 factors: 1) Overall Grade 2) Renewable Portfolio Standard (RPS) 3) Solar Carve Out 4) Electricity Price 5) Net Metering 6) Interconnection 7) Solar Rebates 8) State Solar Tax Credits 9) Performance Payments 10) Sales Tax Exemption 11) Property Tax Exemption. The website offers an easy-to-read for consumer grade for each state, and rough third party projected return on investment and savings. Solarpowerrocks.com

And perovskite is in the news as always, with U.S.-based solar cell developer Swift Solar raising $4.6 million. And in the below tweet, the U.S. Department of Energy’s supercomputers are pushing molecular structure knowledge to the edge to better under this new product.

https://twitter.com/NERSC/status/1081915825794224128

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