Time for Corporations to lead. I’ve been a vocal advocate for the disaggregation of solar production and solar consumption. Community solar does a lot of that but always relies on the regulatory body to ensure the rules don’t change. Corporate offtakers through financial transactions like contracts for difference or energy hedges. Getting the markets to drive these segment is crucial to its longevity and investments, because companies making deals to make money is the best subsidy there is.
Digging deep on tax equity. Tax equity is the cheapest and most expensive money at the same time. It requires complicated structuring that takes advisors and cash from the sponsor. Without the ITC our industry would be suffering through a bad time right now so when I saw the announcement that SolarReserve was able to get $78million for a concentrating solar plant with molten salt storage, I was intrigued. Listen to my conversation with the financial advisor on the deal, CohnReznick, to hear about the complexities and how it got done.
20 Governors. Have sent a letter to the President urging to continue on a path for more solar and wind. One interesting mention is the value generated for land owners from rent for those power plants. Let’s watch this space and see where it goes.
- Rocky Mountain Institute: Five Reasons Your Company Should Buy Off-site Renewables in 2017
- SolarWakeup: Interview With Conor McKenna From CohnReznick Capital Markets
- Bloomberg: America’s Biggest Creditors Dump Treasuries in Warning to Trump
- PV-Magazine: Montana plans 80 MW solar farm amid legislative uncertainty
- Utility Dive: ERCOT – January coal generation significantly higher than last year
- AL.com: Alabama makes it harder than any other state for companies to use clean energy
- PV-Tech: Arizona utility’s new rate programme places burden on solar customers
- Greentech Media: First Solar Postpones Its Move to a Medium-Voltage DC Utility Solar Architecture
Have a great day!