Sunrun’s Q3 results see the company continuing on its path of growth and higher sales and marketing costs, which hit 81c per watt. How long can this go on for?
Puerto Rico’s Energy Bureau has its hands full in ensuring the island’s utility gets the grid working well at a reasonable cost, while moving to 40% renewables by 2025. Sunrun and environmental groups point a way forward.
Advocates say that PG&E’s power shutoffs for 750,000 California residents could have been at least lessened with the implementation of distributed solar + storage, and note that communities can keep critical facilities online with microgrids.
A study advised by seven electric utilities found that current “long-term evolution” (LTE) wireless broadband technology may be adequate for sending signals to control, or guide, the operations of distributed solar and storage resources.
EnergySage has found that the average price for PV systems quoted through its site has fallen under $3 per watt, echoing findings by Lawrence Berkeley National Labs. However, prices are increasing for the big third-party solar companies.
Sunrun’s solar+storage Brightbox systems – 1,000 of them totalling 4.3 MW of capacity – are included in a contract for grid services submitted to Hawaii regulators.
In today’s brief we also bring you a job opportunity at DOE and Turning Point Energy coming to Maine.
Sunrun saw growth in deployments, revenues, cash and funding, as it expands its solar + storage business and pursues capacity sales. But the company and the larger third-party solar space are facing a sticky problem.
A regulatory proceeding raises issues of monopoly control; whether distributed resources will be compensated for providing grid services; and the capability of smart inverters to operate autonomously, without external controls, in response to signals on price, voltage and frequency.
The fourth-largest third-party solar company is now a public entity and while the results of its offering are only half of what it predicted, the stock bounced back on Friday.
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