US residential solar set for a record-breaking year — despite and because of 2020
Over the course of this strange year, American residential solar companies such as Sunrun, Vivint, SunPower and Tesla claimed they could weather the Covid storm with remote selling and new online strategies. It turns out they were right. BloombergNEF forecasts that Americans will install 3 gigawatts of solar on residential rooftops in 2020.
Vivint Solar joins EnergyHub in expanding PV and storage demand response programs
Can programs like EnergyHub and National Grid’s battery-powered DR turn utilities into residential solar fans?
US residential solar provider Vivint strengthens its liquidity position while leaving room for growth
Instead of going to the ABS market, Vivint topped up a multi-lender revolving warehouse facility by $245 million. The debt transactions might signal a degree of lender confidence in the asset class and in Vivint during an unprecedented quarter.
More customers, at a higher price
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?
Solar utility in Hyundai’s new adventure vehicle, ACORE pitches nationwide renewable energy standard: pvMB 10/17/19
Welcome to Thursday and the pvMB. Today, we’ve got Solar District Cup 2020, a Vivint homeowner survey on power outages, Solar on Seguin Island and more!
Residential solar is getting cheaper – except for third-party
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.
pvMB 2/5/19: Vivint moves into Home Depot, Sonnen appoints new board
Hello and welcome to the pv magazine USA morning brief. Today we’ve got for you John Kasich calling on Republicans to stop denying climate change, 71 Oregon scientists imploring state leaders to act on climate change, and everything else you need to know today.
Raising capital in very large chunks: The rise of solar securitization
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.
Cash is king in residential solar, long live the lease!
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.
Florida regulators clear the way for Vivint’s solar lease
Vivint Solar has joined other national residential solar companies in the Florida market as state regulators confirm that their solar lease contract does not violate state law by constituting the sale of electricity.
