“Given our climate crisis, state utility commissions must act with urgency and prioritize innovation in the way utilities are regulated,” says the Sunrun policy team in a paper. Noting great progress by Hawaii and Vermont, they also call for state regulators to “rethink” how utilities make money.
In Wood Mackenzie’s solar installer Leaderboard, Freedom Forever overtakes Tesla in the top three spot for the first time.
With Ford Intelligent Backup Power and the Home Integration System, F-150 Lightning will automatically kick in to power the home if the grid goes down, while also giving customers the freedom to charge their truck or power their home using their residential solar installation.
Also on the rise: Under new ownership, a Norwegian module maker could add 1 GW of U.S. capacity; Sunrun add $1 billion to a finance facility; and a natural gas-friendly renewable energy bill passes in North Carolina.
The non-recourse lending facility serves as a warehouse facility to temporarily finance solar assets prior to arranging long term financings.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Also on the rise: Former utility exec Mary Powell takes over as CEO of Sunrun, talks stall on an Illinois clean energy bill, and you’ve got $30 billion to spend: Nuclear or solar?
Powell is the former CEO of Green Mountain Power and takes over Sunrun’s corporate leadership as the company revises its growth outlook.
An upfront cash payment is available for residential and commercial customers on Oahu who attach a battery to their home and either use or discharge power during peak hours.
The out-of-pocket cost for a solar power system can be pretty high. We take a look at bank loans, on-the-spot finance, third-party ownership, and the benefits of using cold, hard cash.
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