Fluctuations 13 July 16

Fluctuations is updated throughout the day, with thoughts, correction, and new links. Check in with us at the end of the day to see if you’ve missed anything or if you want to comment. Have a great day.

Good morning,

The June issues of Buildings magazine has Solar financing article. 7 Solar Financing Mistakes and How to Avoid Them. Check it out.

From Decentralized-Energy

$1bn in potential savings identified through Boston microgrids

Here are a few important points:
Microgrid islanding capability enables local energy resiliency, and aggregating DER in a microgrid can enable easier valuation of DER costs and benefits.

Evaluating a microgrid’s return on investment requires a robust understanding of generation and load characteristics, utility structure, energy markets, regulatory environment, and risks associated with an individual project.

Following that step the team identify an ‘anchor building’ for a microgrid. The anchor building is one that demands enough energy to justify the investment in local infrastructure upgrades for establishing a microgrid. Siting a microgrid in the location of an anchor building makes an infrastructure investment palatable to the city and encourages local stakeholders to consider connecting to the microgrid. Read more HERE

Bill Introduced to Give Businesses and Homeowners a Tax Credit for Energy Storage Use

US Senator Martin Heinrich (D-N.M.), a member of the Senate Committee on Energy and Natural Resources, has co-sponsored the Energy Storage Tax Incentive and Deployment Act, a bipartisan bill to establish investment tax credits (ITC) for business and home use of energy storage.  The proposed tax incentives are modeled on the current ITCs for solar energy and apply to either large, grid-connected energy storage systems or to smaller battery systems for residential power. Home battery storage, coupled with a small wind or roof-top solar system, could be used to store energy during the day for use later in the day or during overcast skies and to help consumers reduce their energy bills.

Solar Power: For The Masses Or The Wealthy?

Residential solar, says SolarPulse, is now a financial decision, not an environmental one. SolarPulse’s data includes a measure of the “environmental orientation” of households based on their purchasing behavior and this shows that environmental concerns are becoming less of a factor. As solar prices drop, solar is actually becoming a way to save money. This is mirrored in the dropping of the credit score required to get a financed solar package.

A New Report Reveals the Impact of Installing 8 Million Solar Panels Across America

SolarCity, one of the United States’ biggest solar developers, has published a report exploring the impact of installing 8 million solar panels across America. SolarCity released its first corporate sustainability report, measuring the impact the company has had on the environment, job creation, economic development, and society. Closing in on its 10-year anniversary, SolarCity has installed more than 8 million solar panels across the United States, servicing more than 250,000 customers. The new report, SolarCity 2015 Impact Report, asks what impact it has had on the planet over that period.

Solar panels study reveals impact on the Earth

Environmental Scientists at Lancaster University and the Centre for Ecology and Hydrology monitored a large solar park, near Swindon, for a year.

They found that solar parks altered the local climate, measuring cooling of as much as 5 degrees Centigrade under the panels during the summer but the effects varied depending on the time of year and the time of day.

Read more at: http://phys.org/news/2016-07-solar-panels-reveals-impact-earth.html#jCp

That’s it friends. Have a great evening.

Expert Online Training | HeatSpring

Commercial Solar Leverage Model (Greentech Media)

Learn How to Calculate Leverage on a Deal. Leverage can be critical to some solar deals. If you’re doing to be taking out debt on a commercial project, you’ll need to know how leverage works. Understand Leverage Basics. The model will show you the basics of how leverage works if you’re already familiar with the concept. You’ll be able to plug in some characteristics of your projects to see how leverage would impact returns. Perform Sensitivity Analysis on Your Solar Projects. With the model, you can plug in details from your projects and see how leverage could help, and potentially hurt, returns.”
https://www.heatspring.com/free_tools/commercial-solar-leverage-model-greentech-media/download