Shanghai headquartered, Chinese PV developer Solar Power Inc recently announced a partnership with startup Aqua Clean Energy to develop floating PV projects across the US and Mexico. As per the press release, a combined capacity of 50 MW floating PV projects will be built, spread across the states of California, Arizona, Texas, and New … [continued]
The origins and growth of property tax assessed clean energy – PACE programs – within California and the first company to start-up in another state.
This is staggering. In just over six months; Sonoma County’s Energy Independence Program has received 375 applications for more than $17 million worth of solar loans. Since Sonoma County went live with its PACE model of solar funding in March; applications have been pouring in daily, and the county intends to make loans indefinitely by packaging them as bonds.
“There is no end in sight,” said Amy Bolten, a county spokeswoman. “We think our program is just getting going.” And this is in addition to the county’s already very high solar adoption:
Sonoma County at this point has the largest municipal financing program for solar and energy efficiency, modeled after the Berkeley First program, but run by the city themselves instead of a program administrator. The program allocated $100M and they’ve burned through about $20M of it in a very short period of … [continued]
