SunPower accesses $1 billion in residential solar and storage loan capital from Tech CU
Despite the pandemic, capital is still pouring into solar.
Residential solar asset financing is alive and well as Spruce Finance closes $124 million deal
Residential solar asset owner-operator will use the funds to continue its acquisition spree.
Southern California Edison wants its new, huge 770 MW battery storage procurement online fast
In an era of plunging battery costs, these awards point to the end of intermittent renewables and the dawn of dispatchable solar and wind.
Morning Brief: PG&E customers ready to ride out fire season with batteries, are EVs holding back stationary energy storage systems?
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
Morning Brief: Enormous PV projects in Alabama, Florida, Texas, Ohio and Wisconsin
Also in the brief: Wärtsilä delivering a 70 MW energy storage project in CAISO and the DOE Solar Desalination Prize.
Rebuilding the West through bold investment in clean energy
Renewable energy development can be the catalyst for restoring our economic strength post-Covid-19. Founders of Navajo Power along with Kevin De Leon, Los Angeles City Council candidate, make their case.
Solar and storage installers officially considered essential workers in California
The list of essential workers during the pandemic includes reporters, liquor store employees, and workers supporting cannabis retail.
California values distributed energy resources fairly — and ratepayers score a big win
Until now, the value of distributed energy resources has been robbed by as much as 50% because the CPUC’s avoided cost calculators did not include avoided transmission costs in valuations of DERs.
Morning Brief: 8minute Solar adds 3 GW of large-scale solar projects to the pipeline, Total wins projects in France
Also in the brief: California regulators will include avoided transmission costs to the valuation of distributed energy resources, the Southeastern Pennsylvania Transportation Authority has signed two power contracts, Philadelphia has reopened its Solarize Philly program and more.
Fitch rates 550 MW First Solar-installed Topaz project notes at ‘C’ despite superb performance
The credit rating of the Topaz project has been at “C” since 2019 because of the liability of having a bankrupt offtaker — PG&E. In the meantime, the ratings document affords some insight into mega-project finance and power generation performance.
