Battery storage funding booms in Q1 (w/ chart)
The latest report by Mercom Capital finds VC investment in battery storage companies rising five-fold year-over-year to $299 million in 12 deals.
Florida allows Sunrun solar power leases despite 3rd-party ban
Florida regulators have ruled that Sunrun’s 20-year solar equipment lease in Florida is not a retail sale of electricity – opening the door to third-party owned solar.
Wunder Capital raises $112 million to scale C&I finance solutions
The solar finance technology company’s Series B financing round is 30x larger than its Series A round a year ago.
Solar ownership still tilts towards high income, but evolving
An analysis of more than 800,000 solar installations has found that the median income of pv adopters is $32,000 per year higher than the median of all households, but the median income of buyers is on a downward trend.
Are corporates ready to invest in solar? Rethinking the value proposition
In this op-ed for pv magazine, Mike Mendelsohn and John Harper look at issues with the supply of tax equity financing for solar deployment.
U.S. solar investment remains sluggish in Q1 2018
BNEF’s latest report on global clean energy investment trends finds a second quarter of slow investment in solar, with the U.S. market remaining interrupted.
Global solar power funding slows during Q1, 7.7 GW of assets change hands
Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.
CleanCapital secures $250 million in equity to pursue acquisitions
The company says that the funding will enable it to acquire $1 billion in solar assets.
Residential PACE program expanded California residential solar market 12%
The R-PACE program, between 2010-2015, added 1.1 W of solar power per capita overall to larger cities in the Californian market. The Berkeley analysis suggests many of the projects wouldn’t have been built otherwise.
Coal bankruptcy burns 8Point3 on 20 MW solar power contract
FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.
