Dividend Solar has received a preliminary rating on a portfolio of $103 million of residential solar power loans from KBRA. The presale report shows a history of decreasing interest rates over the past year across three portfolios offered by Dividend.
Founder and Chair Harmel Rayat is the source of the cash raise. The organic photovoltaic solar cell film technology has scaled from its original one quarter the size of a grain of rice to a one foot square glass pane.
The proposed legislation would require all new residential units in the city to include solar arrays, starting in 2019.
The developer and asset manager have signed a deal to develop 2 GWac of solar projects in six Midwestern states – more than the entire capacity that is currently online in those states. But this appears to only the beginning for the region.
Per S&P Global Market Intelligence’s installation data, the total U.S. utility-scale solar project pipeline grew by 5.8 GWac in Q3 ‘2018, with the 2019-2020 pipeline increasing by greater than 50% over the last two quarters to 23 GW.
Strong demand for electric cars from both Tesla and other manufacturers has pushed up manufacturer costs for lithium ion batteries.
The company has issued a request for proposals for 50 MW of solar to support its simultaneously-announced subscription program for government, tribal and other large customers.
Community choice aggregators in California have now signed over 2 GW of power purchase agreements for renewable energy projects, with 1.4 GW in 43 projects coming from solar power.
The Wind Solar Alliance has proposed a set of broad market rule refinements to better take advantage of the technical capabilities of solar, wind and energy storage. They argue that these rule changes, plus transmission, can allow for much higher levels of renewables.
Citing Hawaii’s potential to reach 80 percent renewables by 2030, saving $6.5 billion in the process, the investment fund’s founder says Hawaiian Electric “has the potential to be the utility of the future.”
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