Also in the brief: Safari Energy completes 60th commercial solar development, a 28 MW installation in New Jersey, Nautilus Solar acquires 3.5 MW Rhode Island project, solar aircraft designed to stay aloft for a year makes maiden flight.
Interest in in residential solar loan ABS is rising, particularly among institutional investors as they incorporate environmental, social and governance (ESG) factors into their investment decision-making processes.
A rare profitable quarter has anchored an even rarer profitable year for SunPower, as confidence in the decision to split off the company’s module manufacturing business into Maxeon Solar Technologies rises.
Total acquired 50% of India’s Adani Group’s solar portfolio for $510m and Shell is building its first large-scale solar farm, a 120-MW effort in Australia.
Today in the brief: True Green Capital Management closes financing for 70 MW New York community solar portfolio, Connecticut regulators decide to be honest, Brightcore Energy names chief strategy officer and more.
Jigar Shah, renewable energy legend, strikes again. Generate added Sunrun CEO Lynn Jurich and NYSERDA’s Richard Kauffman to its board.
Today in the brief: Soltage buys a 40 MW Oregon solar portfolio, Warburg Pincus to make a $300M investment in startup Scale Microgrid, a study questionin the emissions related to solar as a resource and more.
The project will operate at a profit in part thanks to an emissions scheme introduced by the province of Alberta. The plant will sell carbon certificates.
LevelTen’s PPA Price Index showed Q4 pricing down 0.9% versus Q3, while BNEF saw nearly 20 GW of solar power corporate PPAs signed globally.
The community-scale market segment has been plagued by ongoing policy neglect, and otherwise poor policy choices. Will policymakers heed the track record of demonstrated failure and finally create new programs that address previous problems?
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