Sunlight Financial, a point-of-sale financing company, has new no- and ultra-low interest loans for res solar and storage systems. The offerings include rates starting at 0.00% for a 12-year loan, 0.49% for a 20-year loan and 1.49% for a 25-year loan. Sunlight’s goal is to expand market share by reducing monthly payments on Sunlight-arranged loans.
In an interview John Kerry, special envoy for climate change, stated that Trump damaged American credibility abroad around climate change policy but that movement in the private sector will withstand any president. He says this lack of trust will impede success at the next UN climate summit and called out the holdouts from the G20 energy ministers meeting.
Solar Builder has Rolls Battery walk through off-grid battery maintenance for installers for the fall and winter. They look at the impact of climate on discharge rates when batteries sit, properties of accessibility, how to time disconnecting, factoring in snow and ice, the relationship between seasonal adjustments and usage, and the impact of COVID.
Bloomberg reports on the first half of 2021: global investment in renewables – $174 billion – was greater in the first 6 months of 2021 that the first half of any year. Contrary to other industries, renewables largely withstood the impact of the pandemic but “an immediate acceleration” is required to reach global net zero.
Three more names have been added to the petition to the ITC to extend safeguard relief for CSPV cells and modules, bringing the total count to five companies: solar panel assembly facility Auxin Solar, solar cell company Suniva, Hanwha Q CELLS, LG Electronics, and Mission Solar. The tariffs are set to expire in 2022.
Achieving economy-wide net zero emissions by 2050 will require transitioning to electrification and clean energy at an unprecedented scale and speed. The 2020s will need to be about deploying renewables and storage, heavily transitioning away from coal assets, and speeding up advances in tech and new policy.
A bill was introduced in Congress by two Democrats to expand the ITC for res and small biz consumers to include entire roofing systems that integrate solar power tech. The hope is that it will help boost interest in solar roof tiles, since at the moment the ITC covers the tiles and not any other part of the roof.
EnergySage is launching a series where they read the warranties for energy storage manufacturers and boil them down. The first is for Tesla. The takeaway for the Powerwall: It’s based on the battery lifetime of 10 years, has a four-year workmanship warranty, and covers replacements and repairs with no cost to the owner.
Solar companies should pursue strong legal compliance programs to manage the growing risks around engaging in international trade for components. They should target three areas: agreements representing compliance with regulations, internal due diligence and analysis of manufacturers, and monitoring of changes to import regulations and sanctions.
Aurora is stepping through issues around NEM in a series of articles. The first article digs into term definitions, monopoly utilities and the efforts to break them apart, the relationship between NEM and public interest, and a preview of subsequent articles about NEM and justice, state actions, and other barriers being thrown up by IOUs.