Community Solar Providers In PSEG Territory
See the Buyer's Guide to New York Community Solar for details on how New York community solar works and lists for other utility territories.
PRICING STRUCTURE
ADDITIONAL COMMENTS
SPECIAL OFFERS
HarvestPower Solar
Subscription model with a discount from utility rate
Estimated 15-30% savings with no out-of-pocket expenses
SUNation
Short-term and long-term contracts to pay a fixed rate below the utility rate
Estimate 15% savings
US Closes Solar Tariff Loophole
Doug Young In a move that should surprise no one, the US has announced it will levy new punitive tariffs on China-made solar panels to close a loophole from an earlier ruling. This move won’t help anyone and could seriously stifle the industry’s development just as it starts to emerge from a prolonged downturn. It also looks worrisome from a broader perspective for Chinese panel makers, since signs are emerging that their products could also be shunned in Japan and India, 2 of the world’s other promising emerging markets for solar power plant construction. I’ll return...
Ten Solid Clean Energy Companies to Buy on the Cheap: #6: Sharp Corporation (SHCAY.PK)
I don't write frequently about solar stocks, especially photovoltaic (PV) manufacturers. While the industry is almost certain to be a spectacular growth story, it's also a story that everyone already seems to know about. Trader Mark put it well: "these stocks are too driven by retail hands." The PV story clicks with people, and when that happens, they often buy stocks with little regard to what they are worth. PV stocks are so psychological, we'd all do well to lie down on a couch before buying. As the IRS is unlikely to allow psychotherapy as an "investing expense," I...
Hanery Shares To Remain Suspended During Manipulation Probe
Doug Young Bottom line: Hanergy shares will remain forcibly suspended until the Hong Kong securities regulator completes its investigation into price manipulation, and could ultimately return to China where oversight is far less strict. I had to smile when I read the latest reports that said the Hong Kong securities regulator has taken the unusual step of ordering a continued suspension of shares of solar power equipment maker Hanergy (HKEx: 566), as it continues a probe into stock price manipulation. My smile wasn’t due to the continued suspension, but rather to the reason that media reports gave for the...
MEMC and SunEdison, a Tale of Two Companies
by Paula Mints SunEdison (SUNE) has been in the news of late and with a confusing acquisition strategy, interesting financial decisions, layoffs and high debt it is beginning to look a lot like MEMC. This is really a tale of two companies – one a raw material manufacturer and pioneer in silicon wafer technology founded decades ago, the other a pioneering developer in the commercial PV space, and how in becoming one, the combined company took on the personality of the raw material company. In the past MEMC engaged in an aggressive acquisition strategy...
Who’s on First, What’s on Second and Why It Does and Does Not Matter
by Paula Mints Sizing the supply side of the global PV industry has never been easy. As annual shipments grew to gigawatt heights outsourcing increased in tandem making it almost impossible to settle on a reliable number for the size of the industry in any given year. Outsourcing, a common practice in all industries, takes place when one manufacturer buys a product or component from another manufacturer. In the PV industry, manufacturer A buys cells from manufacturer B, assembles the cells into modules and includes these modules in its in-house production. When both manufacturers report the resulting...
PowerSecure on a Solar Roll
by Debra Fiakas CFA Last week PowerSecure International (POWR: Nasdaq) announced the award of orders valued at $100 million for new solar projects. About 15% of the work will be completed in the final quarter of this year and the rest of the revenue will be recorded in 2016. The announcement sent investors into a tizzy. PowerSecure reported $283.4 million in total sales for the twelve months ending March 2015, primarily for solar power infrastructure and smart grid technology destined for electric utilities and microgrids. Securing orders equivalent to 35% of its current revenue run rate...
Five Solar Stocks For 2015
By Jeff Siegel Times sure have changed! In 2006, I attended my first Solar Power International (SPI) conference in D.C. It was a no-frills event but loaded with valuable information I used to help Energy and Capital readers get a jump on the solar bull market that ran from 2006 to 2008. Truth be told, we cleaned up. But nothing lasts forever. And when the market nosedived in 2008, solar stocks were not exempt from the ravenous bears that mauled everything in their path. Of course, as the broader market began to inch back up in 2010, solar...
Brilliant Light Power – Commercialization Status
by Daryl Roberts
A potentially paradigm-shifting technology has been under development at an R&D firm in NJ called Brilliant Light Power. For people monitoring the situation, the question currently is about the status of commercialization. It is not a publicly held firm, but is in mid-stages of private equity capitalization in the range of $100-120M.
I recently read a book titled "Randall Mills and the Search for Hydrino Energy", offering a detailed and compelling history of the development of this novel renewable energy technology, authored by an insider, an intern who stayed on to work there for several years (published in...
From Solar 2009: Removing The $2,000 ITC Cap
Charles MorandLike Tom, I attended part of the Solar 2009 conference last week. One of the most interesting presentations I heard was by Andy Black, CEO of OnGrid Solar, on the potential impact on residential solar installations of removing the $2,000 ITC limit (link to the actual paper). Prior to changes in October 2008, ITC tax credits for rooftop solar PV installations were capped at $2,000. In the author's own words: This paper presents revised and expanded financial analyses of residential cases . It will look at Internal Rate of Return (IRR) only (for simplicity of...
Too Much Solar Could Be Good for Inverter Companies
2009 is likely to be a watershed year for the solar photovoltaic (PV) industry, and one which many PV manufacturers will not survive. Even before the credit crunch and plummeting housing market made capital intensive PV much harder to finance, the easing of supply constraints in the market for solar grade silicon meant that PV supply was liable to increase rapidly, putting pressure on marginal producers. I expect that the loss of PV demand due to tighter credit markets will more than compensate for the added demand due to the extension of the solar Investment Tax Credit (ITC) and...
Bluefield Solar Eyes £150 Million IPO
Bluefield IPO to Be the Second Green Energy Fund Flotation in London This Year by Alice Young Bluefield Solar Income Fund Limited, an investment fund focussed on solar power, plans to raise £150 million in a London IPO. The Bluefield IPO will be the second flotation of a green energy find on the London Stock Exchange this year following the IPO of Greencoat UK Wind (LON:UKW). Bluefield Solar Plans London IPO On Wednesday, May 29, London-based Bluefield Solar announced that it intended to launch an initial public offering on the LSE’s main market. The fund, which is focussing...
Are Solar Incentives a Subsidy for the Rich?
by Tom Konrad One of the most common arguments against incentives to help people buy solar panels for their homes are that they are a subsidy for the rich, paid for by everyone. The argument goes: only the rich can buy a photovoltaic system, which, even with subsidies, costs thousands of dollars. Why should everyone chip in to help rich people buy new toys? On the face of it, this argument is persuasive. Why should everyone pay, if only the rich get the benefit? Basic fairness dictates that society should only subsidize activities which create societal (rather than individual...
SunTech’s Sunset Illuminates State Ties
Doug Young Sunset for Suntech. Photo by Tom Konrad As the sun rapidly sets on former solar pioneer Suntech (OTC: STPFQ), I thought I’d take a look at the latest reports that show just how closely the company relied on state support. At the same time, another major development has seen Suntech’s shares finally de-list from New York, where they have traded since its 2005 IPO. The de-listing is something that should have happened long ago, even though investors continued to bet that Beijing would rescue Suntech ever since...
Solar Bits: LDK Woes, Hanwha Loan
Doug Young A couple of news bits from the solar sector are showing at once how companies continue to struggle with fallout from the ongoing downturn even as some larger players continue to receive lifelines from Beijing. In the former category, floundering giant LDK (NYSE: LDK) has just announced an arbitration panel's ruling that it must pay hundreds of millions of yuan for equipment that it ordered at the height of the solar boom but which it no longer wants or needs. Meantime in the latter category, mid-sized player Hanwha SolarOne (Nasdaq: HSOL) has just received a major...
First Solar’s New Mexico Project: The Parity and the Pain
James Montgomery Unusually public details about a newly signed solar project deal in New Mexico raise some interesting questions about the purchasing power of solar energy, how close it's getting to grid parity and just how much pressure is on upstream suppliers to fulfill that objective. First Solar (FSLR) has acquired a 50-megawatt (MW) solar power project in New Mexico from the solar division of Element Power. The deal is billed as the state's largest solar project; it also, according to some unusually public information revealed in a regulatory filing, raises some interesting questions...
