Sunrun has proposed that the City of Los Angeles set its sights on 75,000 residential solar+storage systems (860 MWdc of solar plus 1.2 GWh of energy storage) by 2030 with the goal of replacing one of the region’s three retiring gas plants, while saving $60 million in electricity costs.
Good morning! In today’s brief we also bring you 195 MW of solar plants underway in Florida, a new report by Sunrun and Wilmington, Delaware’s first solar brewery.
An analysis by Station A shows a potential for siting 48 GW of solar plus 22 GW / 42 GWh of energy storage in California commercial and industrial locations, meeting 19% of the state grid operator’s legally binding “Resource Adequacy” requirements.
Sunrun made a splash at the BNEF Summit in New York City at a time when utilities are increasingly struggling to adapt to new realities. But distributed energy resources have a long way to go to play a major role, and we will still need additional energy sources in future power systems.
A new white paper by Sunrun delves into the risks that overloaded power lines pose, and posits solutions to both fire mitigation and reliability with distributed generation.
The nation’s largest residential solar company noted higher than expected revenues, an increased net present value of its installations, and a hold of installation costs under $2/W – but also a strong operating cost increase and a Wall Street misinterpretation on expected earnings per share.
Sunrun won a bid to provide 20MW from the company’s residential solar+storage systems to the New England grid operator’s capacity market beginning in 2022.
Hey, hey it’s Thursday and you’re reading the pv magazine morning brief. Today we’re taking a look at corporate renewable procurement reaching 22% of deals in 2018, utility leaders worldwide predicting a movement off-grid, Energy Toolbase choosing AMS for energy storage platform implementation and everything else that matters today. Let’s roll!
In today’s pv magazine USA morning brief, we also bring you a settlement involving Sunrun, a hearing for a bill to repeal the former LePage Administration’s “gross metering” in Maine, and other goodies.
Sunrun’s Athena, a portfolio of 34,493 solar leases and power purchase agreements totaling $322 million, has been priced and closed at a 5.55% yield.
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