What options will emerge to replace tax equity financing for solar?
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?
Morning Brief: Senators propose a nationwide halt on utility shutoffs, Hawaiian Electric wants to “self-build” a 160 MWh battery system
Also in the brief: Minnesota’s new residential solar restrictions, JinkoSolar donates 1,000,000 masks for pandemic fighting in 19 countries, NABCEP will offer Board Certification and Associate level exams online and more.
US behind-the-meter storage forecast drops 31% over Corona concerns
Wood Mackenzie has dropped the 2020 outlook down to 430 MW, still a more than 100% increase over 2019, amid concerns over the role of sales and commissioning and interconnection in a period of shelter-in-place ordinances.
Morning Brief: Tiger King star has solar installed, 260 MW on a fishery in China
Also In the brief: Iowa passes net metering right before suspending the session amid the Covid-19 pandemic, an international research team has developed a new type of solar cell that is 26.7% efficient in power conversion, Powerhome is hiring and more.
Texas installer sees coronavirus concerns driving interest in residential storage
While national solar and storage projections fall, the opposite has been true for Bret Biggart and Freedom Solar, with more and more customers looking for residential storage to weather uncertain times.
Morning brief: Hawaii is installing batteries to support solar and wind, Ted Danson on energy storage
Also in the brief: Tesla is planning to retool its New York gigafactory to manufacture medical ventilators, SEIA is projecting that coronavirus could slash the solar workforce in half, a 50 MW community solar project approved in New Mexico and more.
Guide to installing residential solar amid a pandemic
As long as their businesses are allowed to operate, residential solar companies have to adhere to the changing world that Covid-19 has created. In light of this, Sunrun and SEIA have both released best practice guidelines for installing solar during a global pandemic.
What happens to PV equipment when it falls out of the primary market?
The sale of quality PV equipment in the secondary market offers an additional sales channel for sellers. It also provides an alternative procurement option for buyers.
Morning Brief: Amazon to add 300 MW of renewables, Falck and ENI partner on development
Also in the brief: tech from the rumored Apple car could find its way to your pocket or wrist, a list of Georgia utilities and other services that will not cut off services due to nonpayment, COVID-19 resulting in a 20% decrease in oil demand and more
Recap: selling solar in the era of social distancing
Did you happen to miss yesterday’s webinar? Fret not, as you can tune into a recap of to learn the adjustments you’ll need to make to your typical sales process by following the link below.
