Happy Friday. In some ways this week was the quiet before the storm, the storm being the last few weeks of 2020. Developers will rush to get to PTO, installers building out the homes for the promised 26% ITC and Congress needs to make sure the government has the money to operate heading into the holidays. I have enjoyed this week because the incoming President keeps talking about climate change and solar, something that I’ve never experienced in the past. Have a great weekend!
Solar For Clubs. My friends at Sustainable Capital Finance (SCF) have seen an uptick in interest for solar PPAs from schools, country clubs, and golf courses, as these off-takers have been impacted differently than other C&I energy consumers during the COVID-19 crisis. Golf & Country Clubs have seen increased revenue from golf and other outdoor activities, while schools would install solar while students aren’t on school grounds. In both scenarios, savings from a solar PPA are extremely attractive.Click here to learn more about how their subscription-free, proprietary software, the SCF suite, can help to speed up your PPA pricing and transaction process.
- Reuters: U.S. energy storage firm Stem nears $1.35 billion deal to go public – sources
- NPR: Biden Names BlackRock’s Brian Deese As His Top Economic Aide
- Greentech Media: LG Chem Recalls Certain Home Batteries Over Fire Concerns
- Solar Power World: Capital Dynamics secures funding for 383-MW Eagle Shadow Mountain solar project
- Utility Dive: Utility customers owe up to $40B in COVID-19 debt, but who will pay it?
- PV-Magazine: The roadmap to the lowest cost grid is paved with distributed solar and storage
- Axios: Why some Asian countries keep building coal plants
- EDF: New government in Puerto Rico must focus on transforming the energy sector
Opinion
Best, Yann