Collaboration would make it easier for electric car owners to charge up using renewable energy while keeping their billing simple. Arcadia, a clean-energy access startup, is helping European electric-vehicle charging platform Everon make its first foray into the United States with a new partnership announced Friday. “In general, EV charging is hard for customers, especially […]
Canadian Investment Manager Jumps into U.S. Community Solar Market with Nautilus Acquisition
Canadian Power Energy Corp. wants a slice of the “huge” U.S. market. The environmental impact arm of investment management and holding company Power Corporation of Canada this week took full ownership of U.S. community solar developer Nautilus Solar. The acquisition fits within the broader trend of institutional investors dipping into solar, and the community solar […]
Summit Ridge Energy Secures Project Finance Fund for 100MW of Community Solar
One more financier is jumping into the budding community solar market. Low-carbon investment firm Hannon Armstrong has partnered with developer Summit Ridge Energy to finance community solar projects, the companies announced this week. The companies structured the deal as a joint venture called Summit Ridge Capital, which will invest cash equity in community projects that […]
Infrastructure Fund Buys Community Solar Developer Clean Energy Collective
The U.S. community solar market is beginning to draw investment from infrastructure funds and institutional investors. North American Infrastructure Partners, a recently launched infrastructure fund, this week purchased a majority stake in one of the top U.S. community solar developers, Clean Energy Collective. Colorado-based Clean Energy Collective said the strategic investment will allow it to […]
Clearing Up Confusion Over Community Solar in New York
Community solar projects can be a great deal in New York. But too often, consumers don’t grasp what they’re getting—or not getting. Community solar in New York has a messaging problem. It is confusing, and even some industry professionals have given up in disgust because of aggressive marketing and a lack of clarity. Fortunately, aggressive […]
Illinois Awards 215 Megawatts of Community Solar, but Developers Are Left Hungry
If state’s community solar market were a board game, it would be Hungry Hungry Hippos—with developers gobbling up SRECs as fast as they’re put in play. The Illinois Power Agency ran a much-anticipated solar lottery this week and awarded renewable energy credits to community solar projects across the state, a major step in constructing a […]
More Than Megawatts, Community Solar Needs a Vision
It’s a good time to be in community solar, but without a bold vision for the future, Tom Hunt argues, the industry could soon face an existential threat. In less than a decade, community solar has become the fastest-growing segment within the solar industry, achieving a five-year compound annual growth rate of 53 percent, opposed […]
Inside California’s Community Solar Experiment
Contracts are being written, but big questions remain about how the community solar market will take shape in the state. The California Public Utilities Commission has approved two sweeping programs in recent years to spur community solar construction in the state, but the market has yet to gain real traction. Solar developers are now scrambling […]
US Residential and Utility-Scale Solar Markets See Installations Fall for the First Time
While community solar had a strong year in 2017, rooftop and utility-scale solar took a big hit, according to the latest report from GTM Research and SEIA. The problem with experiencing a year of explosive market growth is that it can make subsequent years look soft — which is part of what happened to the […]