Solar leasing risks & rewards, & other topics on day 2 of the Tax, Finance, & Buyer’s seminar
The second day at SEIA dove into the risks and rewards of solar leasing, as well as a slew of tax considerations including tax transfer challenges, assignment rights & interests.
Sunrise brief: Solar starts strong, growing 40% year over year in January
Also on the rise: Four Northeast states form consortium to develop regional clean hydrogen hub. NREL researchers work on developing high energy density cells to advance stationary storage. Discovery of “structural earthquake” in cathode formation may improve sodium-ion batteries 20-40%. Federal budget includes $500 million for promoting energy storage.
Four Northeast states form consortium to develop regional clean hydrogen hub
New York, Connecticut, Massachusetts, and New Jersey to join dozens of corporations and universities in demonstrating shared vision for clean energy.
Sunrise brief: Hanwha commits to US manufacturing across the solar supply chain
Also on the rise: A new solar project will connect Illinois customers to clean energy and bill savings. US battery manufacturer acquires Northern Reliability. New York State, the largest and most active community solar market. Job moves at Encore Renewable Energy, Perch Energy, Origis Energy, and more. Nexamp adds energy storage to community solar projects in Massachusetts. Three-year solar tax battle fought and won in Puerto Rico. ComEd opens enrollment to community solar project.
New York hits 1GW of community solar
The state has become the nation’s largest and most active community solar market, with a pipeline boasting more than 700 potential community solar installations.
Sunrise brief: SolarEdge $590 million capital raise “expands the war chest,” said ROTH
Also on the rise: Invasion of Ukraine an inadvertent boost for green hydrogen. 175MW Pike Solar and Storage Project cleared for construction in Colorado. Joint development agreement for light-optimizing, energy-producing modules designed to top agrivoltaic greenhouses. Barrio Solar wants to help Brooklyn homeowners go solar. While interconnection seen as a bottleneck to solar, three grid regions processed 25GW of solar interconnection requests last year. The 400MW Obsidian Solar Center in Oregon gets final approval. Research on semi-transparent organic photovoltaic filters for agrivoltaic greenhouses.
Non-profits partner to help homeowners go solar in Brooklyn
Barrio Solar wants Brooklyn homeowners to go solar in order to lower Con Edison bills, property taxes, and greenhouse gas emissions.
Source Renewables, Sol-REIT partner to develop 100MW of low-income solar
Through the partnership, the two companies hope to shift the solar finance market in a way that empowers middle-market developers, while also bringing access to clean energy to historically underserved and disadvantaged communities.
Sunrise brief: Canadian Solar launches 420W rooftop solar module with 21.5% efficiency
Also on the rise: RFP released for 500MW of PV for Indiana Michigan Power. Enphase Energy acquires SolarLeadFactory, a solar sales generation specialist. Concentrating solar power with heat storage could compete with batteries. U.S. Light Energy completes the school and municpal solar projects for the Tri-County Energy Consortium.
School and municipal solar project complete in New York State
U.S. Light Energy completed the solar projects for the Tri-County Energy Consortium.
