SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.
Governor Polis signed into law bipartisan legislation that launches a new dispatchable distributed generation program and leverages Solar for All funding to upgrade its grid, lower energy bills for all and promote energy equity.
Also on the rise: EV manufacturer Rivian invests in solar energy. Market impacts from the recent flurry of solar policy actions. And more.
The U.S. had an extremely busy week of policy changes, including AD/CVD, domestic content, bifacial panel exemptions, and changes to 301 tariffs.
Also on the rise: Qcells residential solar financing arm closes its first asset backed securities. NYPA prequalifies 79 developers and investors for renewable projects. And more.
The legislation removes key roadblocks to the development of solar, wind and battery energy storage.
The developers and investors were selected based on a Request for Information (RFI) issued in March that sought to assess potential interest and opportunities for solar, wind, battery storage, green hydrogen, geothermal, and related transmission projects.
With policymakers, utilities, and private enterprise working collaboratively to find solutions that work for a given state’s unique circumstances, we will surely see continued growth of virtual power plants.
Also on the rise: Strong state solar policies boost adoption of distributed energy. Trends in residential solar finance, equipment and maintenance. And more.
Of the 29 GW of solar installed in the U.S. in 2023, 31% was distributed solar, according to the Institute for Local Self-Reliance.
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