SEIA proposes PURPA reform, Sunrun to bring Brightbox to Vermont: pvMB 08/29/19
In today’s brief we also bring you a job opportunity at DOE and Turning Point Energy coming to Maine.
Everything is growing at Sunrun – including customer acquisition costs
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.
Sunrun opposes utility plan to control all new distributed energy resources
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.
Sunnova nets $158 million in IPO
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.
Fifteen days to get paid for your home energy storage in Rhode Island and Massachusetts
National Grid’s ConnectedSolutions program seeks to pay energy storage owners up to $400-kW during high grid demand events in Rhode Island, and $225 in Massachusetts.
Sunrun gets a second contract to supply capacity from rooftop solar + batteries
A California Community Choice Aggregator has awarded Sunrun a contract to supply capacity from solar + storage on low-income housing. This follows on a similar deal in New England.
Duke’s battery bonanza, Sunrun prices securitization: pvMB 6/4/19
Hello one and all and welcome to the pvMB. Today we’ll be diving into US Light Energy’s 7 MW community solar project planned for Clifton Park, Modernize partnering with Renovate America, Maine’s new community solar bill and much more!
To be, or not to be – a solar facility or a utility?
Iowa solar contractor Eagle Point Solar is suing Wisconsin utility WE Energies for blocking its solar lease with the City of Milwaukee, stating that it would make the contractor an electric utility. The contractor contends that a private agreement does not denote public sale of electricity.
Sunrun’s securitizations pay 99.1% of the time
The Kroll Bond Rating Agency has issued a preliminary rating of “A-” on 88 MWdc of residential solar PPAs and leases being offered for purchase by Sunrun. The 14,377-unit portfolio has a current delinquency rate of 0.09%.
Sunrun aims to replace big power plants
By providing solar + storage, contracting to supply capacity in wholesale markets and even considering microgrid communities, Sunrun is taking on more and more of the space traditionally occupied by utilities and the large, centralized generators that they rely on.
