Hanwha Q Cells in top tier of bankability – “Q CELLS has achieved a 91% bankability score in the recently released Solar Module & Inverter Bankability 2019 Report from BloombergNEF. The report, which is an annual survey of banks, developers, EPCs, IPPs, funds and technical due diligence companies, ranks the 48 leading solar module manufacturers in the industry in terms of bankability, based on the reputation and financial health of manufacturers, according to BloombergNEF. According to the BloombergNEF report, a solar module brand is bankable if banks feel comfortable providing non-recourse finance to a project that uses that brand.” Source: Hanwha Q Cells
90 solar panels stolen from power facility in Henryville, Indiana – In Henryville, Indiana, someone stole 90 solar panels from Hoosier Energy’s Henryville Solar facility. These panels weren’t stolen from a production line or retailer, but straight off a project. Hoosier Energy said Wednesday that the project was operating at 75% capacity and expected it to be back at full capacity by the end of the day. Source: WRDB
Sunnova and PetersonDean partner in California – Sunnova Energy International Inc. today announced a new strategic partnership with PetersenDean Roofing & Solar, one of the largest full-service, privately-held roofing and solar companies in the United States. Working together, Sunnova and PetersenDean will deliver Sunnova’s solar and storage services to homebuilders across California. California continues to lead the nation in residential solar and is expected to grow significantly because of the California Energy Commission solar mandates. This far-reaching energy policy was adopted last year and requires solar photovoltaic (PV) electric systems to be installed on virtually every new residential dwelling built in the state. It will apply to all houses, condos and apartment buildings up to three stories that secure building permits after January 1, 2020. Source: Sunnova
Pivot Energy is hiring – Are you in the world of finance? Looking for a job? Say no more, as Pivot Energy is hiring a VP of Capital Markets. Applicants should love tax equity structuring, institutional capital, and “other money buzzwords.” Source: Pivot Energy
SimpliPhi cuts battery prices – “SimpliPhi Power, a California manufacturer of non-toxic, safe residential, commercial and mobile energy storage and emergency power systems, announced today that it is slashing the price of its most popular PHI 3.8 kWh 48V battery to $0.66 USD/watt hour MSRP through October 31, 2019 as it expands its previously announced Energize California discount program worldwide. This price reduction is part of the company’s commitment to rapidly deploy emergency back-up power to protect home and business owners from the growing number of outages resulting from climate change-related events, including wildfires, extreme heat and hurricanes. What began as a campaign to support residents of California to prepare for the fire-related California Public Safety Power Shutoffs (PSPS) is now a global effort to offer storage solutions to offset the economic losses and personal hardships associated with power outages all over the world.” Source: SimpliPhi
Tennessee team to host first ever carbon-neutral minor league game – Special recognition in today’s brief goes to the Chattanooga Lookouts (who have an absolutely hysterical team logo), as the team will be the first minor league baseball team in America to play a game that is 100 percent carbon-neutral. The Green Power Night home game against Montgomery will be played Friday, Aug. 23, and is being powered through locally-generated solar energy credits provided by EPB of Chattanooga in partnership with Tennessee Valley Authority. Wild concept, TVA supporting renewable energy. For the occasion the team will sport new green jerseys. Source: TVA
2 MW Ralphs installation – “Ralphs, a subsidiary of The Kroger Co., today announced the installation of a photovoltaic solar power array at its automated distribution center in Paramount, Calif., a 555,000-square-foot building that provides products to 190 Ralphs stores and 95 Food 4 Less stores throughout Southern California. This is the largest solar energy project to date for Kroger, featuring more than 7,000 solar panels to harness energy from the sun. The new installation has a 2 MW AC capacity and will generate 4.28 million kWh of clean power for the facility each year, representing approximately 50% of the facility’s total electricity needs.”
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