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California

The four main bottlenecks of developing small-scale utility solar in California 

The CPUC, California legislature and other authorities having jurisdiction must address these issues or risk constraining jobs, CO2 mitigation, and clean energy deployment.  

1

Californians continue to actively oppose NEM 3.0

The California Public Utilities Commission regularly receives numerous calls in their public proceedings in opposition to the rulemaking decision that will cut solar export rates.

3

Maxeon posts Q4 2022 revenue beat, increased shipments, stock up 44%

Maxeon module shipments of 734 MW were above ROTH MKM Partners’ estimate of 699 MW, and a 27.2% improvement over 577 MW shipped in Q4 2021.

Sunrise brief: How NEM 3.0 could change California’s clean energy landscape 

Also on the rise: Sunnova to deploy solar and storage virtual power plant in Texas. Bipartisan Michigan bill would unlock community solar market. And more.

How NEM 3.0 could change California’s clean energy landscape  

NEM 3.0 takes effect on April 15. For customers who don’t qualify, or don’t get an application submitted in time, developers need to be ready to implement more solar and storage projects down the line.

11

Supply chain company sources clean energy at five new locations

Arvato Supply Chain Solutions is sourcing solar and wind energy in different ways depending on the region, including through a community choice aggregator.

Distributed generation finance platform raises $25 million

Banyan Infrastructure is raising a $25 million Series B equity round from Energize Ventures, SE Ventures and Elemental Excelerator to digitize the manual process of procuring project finance between banks, investors and project developers.

Honda reusing vehicle fuel cells to build 500 kW stationary fuel cell system

Honda has revealed that it is testing a pilot stationary fuel cell stationary power system in California.

Expanding solar finance and leverage warrants increased solar revenue insurance

Once considered a low-cost investment, the price to build solar assets has increased considerably. To combat rising costs due to inflation, kWh Analytics partnered with project developer Pivot Energy to provide Solar Revenue Put production insurance across the developer’s multiple distributed solar projects totaling 70 MW in six U.S. states.

2

Sunrise brief: Renewable energy institutional investment goes mainstream

Also on the rise: Solar field robot mower receives SOLV Energy seed funds. Louisiana utility seeks approval for 225 MW solar project. And more.

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