More solar for more people. That’s the mission that President Obama is continuing in a way that not many in the solar industry could have expected 7 years ago when he took office. This time it is a wonky policy change that required the DOE, OMB and HUD to work together. While property taxes have been used for centuries to pay for things like fire fees; solar installations that used PACE did so under some grey clouds. Regardless some of the best in the sector deployed hundreds of millions of dollars and securitized them in the private market. Today, the President announced with his team that PACE will be treated like any other property tax. No acceleration and no pre-payment when the property is sold. The President said PACE, a huge boon for homeowners across America. Check out the video
- The Hill: Obama makes new push on solar power
- PV-Magazine: Deutsche Bank – U.S. utility-scale solar costs to fall below $1 per watt
- Renewable Energy World: Energy Storage Would Get US Tax Credits in Bipartisan Bill
- Bloomberg: Biggest Sale of Clean Energy Finds No Buyer for All of SunEdison
- New York Times: How Renewable Energy Is Blowing Climate Change Efforts Off Course
- PV-Tech: Total completes billion-dollar Saft deal
- GreenBiz: Renewable energy’s new dance partners – Banks, pension funds
- Politico: GOP platform proposes turning EPA into a commission
Opinion
Have a great day!
Yann