Terraform goes to Brookfield. The courts have cleared the way for Terraform to become owned by Brookfield. In one transaction, Brookfield grows its renewables portfolio in a large way even though it has owned hydro projects for decades.
The SMART program. In Mass, SREC 2 is coming to a close and the SMART program will start being implemented. There are still a few steps in the rulemaking but it looks positive for the next iteration of one of the most lucrative solar markets. The NEM cap needs to be raised and customers need to be reeducated about the expectations but SMART should create a 1.6GW opportunity for the solar market.
NC Solar Reform. The bill is news to me but based on the headline, and what I expect from a NC legislature, the reforms should reduce expectations for the market going forward. Interconnections have slowed down dramatically and a broader PURPA conversation is happening. Let’s see how this bill goes through the process and what happens if it passes.
- PV-Magazine: Court approves TerraForm Power, Global settlements with SunEdison
- Utility Dive: Massachusetts announces regulations for solar incentive program
- Business Journals: Solar reform bill moves to the N.C. Senate
- Grist: Here are 3 ways you can push for clean energy in your state.
- The Atlantic: Trump’s Solar-Powered Border Wall Is More Than a Troll
- Greentech Media: Nevada Just Became the Most Exciting State for Energy Storage Policy
- Washington Post: Small businesses in clean energy sector still hope for best
- Renewable Energy World: Letter from the Editor – Innovation in Renewables
Opinion
Have a great day!
Yann