Have a wonderful Friday. Monday’s SolarWakeup will be coming to you from the air as I fly to New Jersey for the 5th SolarWakeup Live! event. Most of the previous interviews are available online at solarwakeup.com. Join us on Tuesday in Jersey City and make sure you vote!
Making Resi Storage Pencil. Sunnova announced yesterday the addition of their solar plus storage offering to the Texas market. This continues the market trend of giving consumers a choice to have storage with CleanChoice making an offer for storage in the Maryland market. What is driving the consumer’s demand for storage given that storage still needs to drive price down?
Can California Grow More? California is 50% of the US market and it will have to work hard to keep that number steady, not because California is declining but because other States are growing nicely. That being said, companies are investing big in the growth here. In this case, Vivint Solar, is announcing a 20 year fixed price offering to consumers which locks in a rate for electricity and could cause consumers to jump into the deal. Will be interested to see how it does.
Coal? PJM CEO spoke about the coal bailout needs yesterday as covered by Utility Dive. The bailout, he says is unnecessary, would choose generation mix by fuel choice instead of pricing the service that is most desired. With GTM reporting that more than 30GW of coal is ready to be retired in the next few years, it is imperative that the policies are future proof. I.e. if the goal is to have backup power from offshore wind and solar energy, than price the value of keeping electrons standing by instead of marking a price to how much coal is sitting in the backyard.
NIMBY Partners. The Department of Interior approved a massive three square mile project near Joshua Tree and now solar is fighting against the Sierra Club. Understanding the fight is straightforward, this is about wildlife preservation and habitat conservation while the solar development is about adding more renewable energy to the grid. I don’t want to argue the right and wrong about the complaint by Sierra Club but this is a valuable time to point out to donors that Sierra Club and solar industry advocacy groups are different. Sierra Club can’t go to donors and tout their desire to expand solar (taking tens of millions of funds that donors think go to solar advocacy) when those donors really should be looking at solar focused advocacy. I’m not knocking environmental groups and the mission, which I support. I am pointing out that fundraising for solar is made harder by the grab for the dollars that want to support solar.
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Yann
By Frank Andorka, Senior Correspondent
By Frank Andorka, Senior Correspondent
Texas is one of the sleeping giants of the solar industry. With it high isolation rates, it's been predicted that given its way, solar from Texas could actually power the entire country. In other words, it's a powerhouse waiting to happen. And now homeowners in the state have the opportunity to put solar + storage at their homes thanks to an expansion by a homegrown solar company that is slowly expanding its national footprint. Sunnova Energy Corporation announced today the expansion of its Sunnova SunSafe solar plus battery storage service offering to homeowners in the company’s home state of Texas. Sunnova is one of the first residential solar plus storage service providers to offer solar plus battery storage in the Lone Star State. In addition, Sunnova is the only residential solar service provider to offer a 25-year solar plus battery storage contract with a comprehensive warranty and performance guarantee ensuring long-term peace of mind for homeowners.By Frank Andorka, Senior Correspondent
By Frank Andorka, Senior Correspondent
California has the most aggressive solar plans in the nation. This is no surprise. Between the 100% renewable portfolio standard (RPS) (which in the Golden State means solar) to its mandating that all new construction must have solar panels on them starting in 2020, it's clear the legislature and the people of California have gone all in on the Solar Revolution. But that would mean nothing if there is no one to serve the burgeoning market. Which is why the most recent announcement from Vivint Solar is so exciting that they are expanding their solar leasing program to the entire state. Vivint Solar, a leading full-service residential solar provider, announced it has launched a new fixed rate solar lease plan. Initially available in select markets in California, the new solar plan allows new customers to install solar panels for no money down, lease them from Vivint Solar for 20 years and pay the same fixed monthly payment over the entire contract term.Presented by PV Pros. PV Pros provides nationwide technical services for investors and asset managers. We manage your technical needs while you focus on the financial aspects of development, acquisition, and ownership. Our team of professionals offer technical due diligence, inspections and testing, subject matter experts for disputes, preventative maintenance, repairs, and monitoring across the United States.
Happy Halloween. Like solar, it is clear that snickers and twix are the candy of choice for kids. Anyone that passes out something else loves fossil fuels. Regardless, a long evening of trick or treating means that there is no column today. More to come tomorrow. In the meantime, please support the gracious sponsors of SolarWakeup Live! by learning more about them on the links by clicking on their logos.
Have a great day!
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Opinions:
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Yann
