Solar loans became more popular than third-party-owned solar in early 2018 and are now the financial tool of choice for homeowners.
Also in the brief: the chance that Covid-19 gives to reform our energy system, Engie has signed tax equity financing for a 2 GW portfolio, Panasonic names inaugural class of Elite Residential Installers and more.
Also in the brief: High albedo ground cover for bifacial installations, Peak Clean Energy sells its solar development pipeline to hep global.
Also in the brief: the challenges facing islands and other isolated systems with high levels of renewables, AIP finances 604 MWdc of solar, SolarReviews preaches caution with Tesla solar rental program and more.
The formerly bankrupt and since reborn residential solar company abruptly laid off nearly 400 workers yesterday. For the third time in company history, a significant portion of the workforce was laid off with no warning. Now Sungevity’s future is uncertain – yet again.
With the scope of global turmoil caused by Covid-19, tax equity, the predominant vehicle for solar project financing will slow down considerably. What options will arise to replace tax equity, and how will they shape the different branches of development?
Also in the brief: Brookfield Renewable Partners and TerraForm Power are set to become one, Diversified Communications acquires Energy Storage North America, 4.3 MW have been proposed in Ellsworth, Maine and more.
A new report released by BankTrack, Oil Change International, Sierra Club and others takes a look at the trends in fossil fuel financing by the worlds top banks since the signing of the Paris Climate Agreement, grading each on the strength of their anti-fossil policies and habits.
You know the bad news. Here are five takeaways from the pre-COVID-19 U.S. solar industry. As for how the coronavirus will impact 2020 foreacasts, supply chains, component costs and project timelines, stay safe and stay tuned.
The Carbon Tracker Initiative crunched some numbers and discovered that more than half a trillion dollars worth of coal investments are at serious risk due to the declining cost of renewables.
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