KBRA has assigned Preliminary Ratings to the most recent Mosaic Solar Loan Trust. The aggregate amount is $317 million, with $273 million earning the A- rating.
The Michigan utility is taking on an aggressive expansion of solar power, wind and energy storage in hopes to reduce its emissions to 20% of 2005 levels.
Consumers Energy Alliance recently published a document alleging that 75% of the costs of residential owned solar power systems came back to the owners via incentives, tax credit and net metering included.
Through the deal SunPower gets $25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
The company will return to selling solar primarily through its stores and online.
Thanks in no small part to modules stockpiled before the Section 201 tariffs hit, both the utility-scale and “non-residential” market segments grew year-over-year in Q1. And while the duties are expected to play a greater role in 2019, there are other factors supporting ongoing market growth.
The Illinois Power Agency published its renewable energy credit prices for upcoming auctions for the Adjustable Block and Illinois Solar For All programs.
Following the April decision that opened the door to Sunrun’s leases, the residential solar leader began offering its solar leases and energy storage product in the state today.
While Tesla/SolarCity, Vivint and Sunrun still made up the top three in 2017, the “long tail” of installers is gaining market share.
The 36 megawatt-hours of residential energy storage installed in the United States during Q1 is the latest in a year of accelerating growth rates, driven by policies in California and Hawaii.
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