With the scope of global turmoil caused by Covid-19, tax equity, the predominant vehicle for solar project financing will slow down considerably. What options will arise to replace tax equity, and how will they shape the different branches of development?
Also in the brief: Minnesota’s new residential solar restrictions, JinkoSolar donates 1,000,000 masks for pandemic fighting in 19 countries, NABCEP will offer Board Certification and Associate level exams online and more.
Executive and boardroom moves in solar, storage, cleantech, utilities and venture capital.
While national solar and storage projections fall, the opposite has been true for Bret Biggart and Freedom Solar, with more and more customers looking for residential storage to weather uncertain times.
As long as their businesses are allowed to operate, residential solar companies have to adhere to the changing world that Covid-19 has created. In light of this, Sunrun and SEIA have both released best practice guidelines for installing solar during a global pandemic.
The sale of quality PV equipment in the secondary market offers an additional sales channel for sellers. It also provides an alternative procurement option for buyers.
SunPower CEO: “We remain on track to complete our planned company split into two independently focused pure-play solar companies by the end of the second quarter.”
Also in the brief: The business of putting solar panels on homes is being severely damaged, CIP to purchase stake in 440 MW solar PV project in Texas
Can an organic solar cell material finally be commercialized? Last year, Ubiquitous Energy claimed a world record for efficiency of a “transparent solar cell” with a “certified” 9.8% efficiency.
Executive and boardroom moves in solar, storage, cleantech, utilities and energy finance.
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