Finance

Solar plus storage prices plunge, Spruce raises $50 million: pvMB 05/17/19

It’s a good time to be in solar power, especially with Friday’s brief as California has approved NeoVolta’s home battery, 16.5 MW of community solar moves forward in Minnesota, and pricing for polysilicon, cells and modules stayed relatively flat last week.

Solar power tax credit “transferability” is on the table

Two members of the U.S. House of Representatives have introduced a new bill whose purpose is to facilitate greater utilization of the PTC and ITC.

The new House’s first budget proposal: spend green to go green

It’s that time of year again, when the House, Senate and president all go to war over the national budget. The first budget proposed by a House controlled by the Democratic Party includes a 10% increase in the DOE’s office of Energy Efficiency and Renewable Energy, as well as more money for ARPA-E.

Designing for and monetizing curtailed solar power

Research by NREL and First Solar has produced highly accurate, real-time estimates of available aggregate peak power that a curtailed solar power plant can deliver to support the broader needs of the grid.

Vivint Solar keeps growing

The company showed increased costs for its sales force, held the cost of building solar consistent and is projecting to grow annual installation volume 15% in 2019.

Berkshire Hathaway loses $377 million in DC Solar scandal

Berkshire Hathaway revealed during its results call on Wednesday that the $377 million fee that the bank incurred earlier this year was linked to the ongoing DC Solar scandal.

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Utility scale solar pricing down 7% on competition and construction costs

LevelTen’s marketplace shows utility-scale solar power offers falling $2/MWh across five large grid operators, with executives suggesting that competition among developers and falling construction costs drove this.

California’s CCA structure gets Moody’s thumbs up

Moody’s has rated Peninsula Clean Energy, a California CCA, at Baa2 Investment Grade status. The rating agency gave significant credit to the legal structure surrounding CCAs giving them “sticky” customers, in addition to the PCE’s conservative management and strong customer relationships.

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Clean energy in Opportunity Zones: An interview with Jon Bonanno

In this interview with pv magazine, New Energy Nexus CXO Jon Bonanno describes the significant opportunity presented by the federal Opportunity Zone program – and the limited window of time to take full advantage of the program.

Wisconsin utility wants to tax the sun 24%

We Energies has filed to increase fixed fees 10.3% and charge a residential solar power fixed cost recovery charge of $3.53/kW/month.

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