Sunnova to offer EV charging through partner ChargePoint
The two plan to embed ChargePoint software in customers’ Sunnova portal to help optimize car charging with other home energy demands.
Enphase launches microgrid-forming microinverter line
The IQ8 solar microinverters are capable of forming a microgrid during a power outage using only sunlight, providing backup power without a battery. The systems also allow any size Enphase battery to be paired with a solar system.
Sunrise brief: Energy storage provider Fluence eyes a $4b IPO valuation
Also on the rise: D.E. Shaw lines up financing for a 149 MW solar project, Sunnova prices its latest securitization, and DOE awards $40 million for solar innovation projects.
Sunnova prices latest solar securitization round
The notes are backed by more than 3,700 solar rooftop systems across more than 21 states and territories.
Sunrise brief: Customer-sourced power makes it into a utility’s resource plan
Also on the rise: SolRiver Capital buys an Oregon solar development portfolio, Swell Energy expands its distributed power plant model, and a shift in focus is coming to a DOE loan program.
Distributed energy wins a spot in PGE’s resource plan
The Oregon utility said that as much as 25% of peak demand power in 2030 could come from customer-owned solar panels, batteries, and electric vehicles.
In California and Hawaii, the benefits of smart inverters are just beginning
Smart inverters have opened up opportunities for people with smart inverters to be paid for providing stored energy on demand and other grid services.
Sunrise brief: DOE aims to expand community solar by 700% in four years
Also on the rise: Under new ownership, a Norwegian module maker could add 1 GW of U.S. capacity; Sunrun add $1 billion to a finance facility; and a natural gas-friendly renewable energy bill passes in North Carolina.
Sunrun boosts its financing pot by $1 billion
The non-recourse lending facility serves as a warehouse facility to temporarily finance solar assets prior to arranging long term financings.
California can cut power costs almost 20% by moving its RPS to 2040
Accelerated and unprecedented additions of renewable generation and energy storage will be needed, but the cost of making the shift is far lower than the status quo, a report argues.
