Tony Clifford from Standard Solar: Being acquired by Gaz Metro and working on SEIA

Tony Clifford has been with Standard Solar for over a decade, spending much of his time as the CEO until stepping aside late in 2016. This wasn’t his first time in solar, having worked for Solarex and BP Solar in the Carter/Reagan years. What are the parallels between the Carter/Reagan transition to those between Obama/Trump when it comes to solar?

Standard Solar was recently acquired by Gaz Metro, a diversified energy company based in Montreal, which also owns Green Mountain Power. Tony and I discuss how the process played out and how Standard Solar was able to stand out amongst the many solar companies that went to market last year.

Our discussion also goes into Tony’s work in policy. Since stepping down as CEO, he has been devoting much of his time on policy and business development. As an longtime elected member of the SEIA board, Tony was part of the search committee for the CEO job at SEIA that went to Abby Hopper.

The next steps for Standard Solar look bright. With access to capital, including tax equity, Standard will be looking to acquire development projects throughout the Country.

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This is your SolarWakeup for November 5th, 2013

The big story of the day is the securitized private placement by SolarCity.  The $54.4million placement probably represents one of the early batches of projects at SCTY.  Lots of variables here but unknown at this point is the credit rating, and if it was higher than the Mid American or NextEra bonds for their solar farms.  Creating a viable exit plan for solar portfolios will definitely help. Uniform credit profiles and documentation will be key for future developers!

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Yann

This is your SolarWakeup for November 4th, 2013

Inside the solar industry, there is sometimes a knock on some of the people.  At times, the struggle of the solar industry makes people not act their best.  But most of the time and again today we read about teams doing good across the world using solar energy.  Solar empowers true sustainable energy access.  Access in having electricity that is also affordable.

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Have a great day!

Yann