Business

New York’s VDER gets a few tweaks

New York State regulators have issued an order that advocates believe will increase the ability of large solar power projects to get financing, including allowing anchor tenants on community solar projects, increased compensation for upstate projects, more predictable compensation, and small commercial net metering for those that install before 2020.

GameChange awarded monster tracker deals across the United States

In what has been an explosive start to the year for the company, GameChange Solar has announced deals that could potentially position the company among the top five global tracker suppliers.

Sunrun’s fancy new HQ, Hawaii’s precious GEM$: pvMB 4/17/19

Welcome, welcome, welcome to today’s edition of the pvMB. Today we’ll be looking at Lumidyne’s new DER integration tool, Carrie Zalewski’s Illinois Commerce Commission chair appointment and more!

Duke is going to get a lot more solar

In the largest single-day announcement to date, Duke Energy has announced 14 projects to be built across the Carolinas, totaling 602 MW in capacity.

1

Solar homes sell for more

A new report published by Zillow found that homes with residential solar systems sell for 4.1% more than their non-solar counterparts.

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London IPO raises $200 million to invest in solar in the Americas

US Solar Fund has completed its initial public offering on the London Stock Exchange, raising $200 million with a goal to investing in $4.8 billion in utility-scale projects across the Americas.

California 93% clean electricity, a new solar roof sold out into 2020; pvMB 4/12/19

Headed into that sweet, sweet weekend EVgo is installing battery storage at its charging stations, solar installer is the fastest growing job in the nation, ACORE is hiring executives and more!

SEIA’s soliloquy for solar+storage, stability and transmission in California

In response to updates of California’s proposed 12 GW Integrated Resource Plan, SEIA has suggested deeper evaluation of the grid value of solar+storage vs. solar alone, more consideration to transmission of solar generation, and a consistent procurement model to support business continuity.

The Illinois community solar lottery results are in. Did you win?

The Illinois Power Agency has chosen the community solar projects that will receive SRECs as part of the state’s renewable energy procurement plans. The agency also awarded 124 MWac of large (>10 kWac) distributed generation projects.

Solar power investments mostly up on VC & debt as money pours into large-scale projects

Mercom Capital Group’s Q1 2019 Solar Funding & M&A report shows $2.8 billion in venture capital, public market and debt financing, versus $2.5 billion a year ago. Large-scale project financing reached a record $5.58 billion across 43 deals, while there were 18 solar corporate M&A transactions.

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