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.
In this op-ed for pv magazine, Mike Mendelsohn of the Solar Finance Council looks at the dramatic rise of securitization as a means to efficiently secure capital.
A Wood Mackenzie Renewables & Power report shows that so far in 2018, direct ownership of residential solar – either out of pocket or via bank loan – now represents 64% of purchases.
Nat Kreamer is now head of one of the largest trade groups for clean energy.
The nation’s largest residential solar company is getting bigger and taking market share from its rivals.
Solar providers have expressed concern about language allowing charges on net-metered systems, and IEEFA warns that the bill will enable a rush to gas.
California’s Solar on Multifamily Affordable Housing (SOMAH) program has a 2030 goal of installing 300 MW of solar power, and Sunrun’s 100 MW commitment aims to satisfy one-third of that by 2028.
The power company says that this will allow time for a more careful crafting of a successor program.
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