At Run on Sun we love March, in fact, its our favorite month. Part of that is that March means Spring and how can anyone not love Spring? But March is also the birthday month for Run on Sun Founder & CEO, Jim Jenal, and for this March we decided to give the presents to you!
For the entire month of March, we are putting Jim’s book, Commercial Solar: Step-by-Step on sale for the special price of just $6.50, more than 33% of the regular list price of $9.95. Plus, if you purchase the paperback version of Commercial Solar you can download the Kindle eBook for free! (Heck, you could buy the paperback, keep the Kindle eBook and gift someone else with the paperback—how’s that for gifting it forward?)
Plus - if you show us your copy of Jim’s book when we come to do your site evaluation, you will qualify for a special discount on your proposal price!
So don’t wait. Help us celebrate March and all that it holds by taking advantage of these special offers.
Because come April, the accountants take over again and the prices go back up!
The U.S. Department of Energy has announced the list of 20 teams that will compete at the 2015 Solar Decathlon to be held at the Orange County Great Park in Irvine. The 20 student teams selected include eight returning teams and 12 new teams (teams in last year’s competition are highlighted):
Of all the teams on that list, it is most gratifying to see West Virginia University included as they were forced out of the competition last year at the very last minute due to financial constraints. It is good to know that their hard work will finally get its moment in the sun.
Interestingly, neither Caltech nor Team USC is on the list. We understand that USC decided to pass on the 2015 competition to plan for the 2017 event. Given the enormous amount of work that it takes to field a successful entry, that approach makes a great deal of sense. Also missing from the event are any of the top three finishing teams: Team Austria, UNLV and the Czech Republic. Hopefully we will see their energy and innovation in a future contest.
Last year was the first year the competition was held outside of Washington, D.C. and, not coincidentally we suspect, it was the first year that every team’s house produced more energy than it consumed. We are eager to see what new records these teams will be able to set next year. Best of luck to all.
A key to the growth of solar, particularly commercial solar, is the availability of affordable storage solutions. Two recent developments suggest that we are about to see dramatic growth in this vital market sector.
One week ago the California Public Utilities Commission (CPUC) voted five to nothing approving a plan to require the three investor-owned utilities (SCE, PG&E, and SDG&E) to procure 1,325 MW of energy storage by 2020, with installation completed by no later than the end of 2024. Both SCE and PG&E are required to procure 580 MW each, with the remaining 165 MW allocated to SDG&E. 200 MW of that 1,325 MW total is to be interconnected at the customer’s site. In addition, the decision provides a timeline for this to happen with the first 200 MW to be procured by the end of next year.
Other electric service providers, like the munis, will have to procure energy storage equal to 1 percent of their annual peak load by 2020. Those storage systems can also include customer sited and/or customer-owned storage devices as long as they were installed after January 1, 2010.
Large scale pumped hydro storage (greater than 50 MW) is excluded from the program, but storage obtained from plug-in electric vehicles can be counted.
This is a tremendously significant decision as the mandate will surely drive R&D as well as deployment investment and help provide a ready market for these emerging technologies.
An announcement this week during Solar Power International shows how that investment is already starting to happen.
Stem - the company with the clever technology for using storage to “smooth out” the demand peaks that drive commercial energy costs - just announced a $5 million project finance fund with Clean Feet Investors (CFI). From the parties’ press release:
The new financing model, which Stem developed in collaboration with CFI, is designed to open access to a wider pool of customers by removing barriers to adoption, enabling up to 15 MW of energy storage to be deployed. With this financing capability, Stem hopes to follow the dramatic growth trajectory pioneered by the third party ownership model in the solar industry. Stem and CFI plan other innovative financing offers for customers including performance-based and shared savings financing solutions with the capital from this financing.
“In addition to breakthroughs in technology, Stem is focused on driving business model innovation,” said Prakesh Patel, Stem’s vice president of capital markets and strategy. “By working closely with CFI, I believe we have created a unique offering to help accelerate customer adoption of Stem systems. This transaction paves the way for Stem to become one of the first efficiency technologies to achieve bankability.”
“Deployment capital is essential for Stem to get their technology in the hands of their customers – many of whom prefer a “pay as you save” offering,” added Jigar Shah, a principal at Clean Feet, and founder of the largest solar services company, SunEdison.
Allowing companies to install Stem’s technology with little or nothing down will help those companies save money at the same time it allows Stem to ramp up. This is great news for the solar industry since it is posed to provide the energy that Stem’s system later distributes as needed to offset those costly demand peaks.
Of course, this isn’t exactly great news for the utilities who, if this technology were widely adopted, would see a huge revenue hit as more and more commercial customers were able to lop-off the most expensive energy they now have to procure. Whether it is the continuation of net-metering on the residential side or the ability to eliminate the worst of demand charges on the commercial side, the pressure on the utilities will only continue to grow. But for their customers, things have never looked brighter.
As Solar Power International kicks off this week in Chicago, we have a very exciting offer - buy Commercial Solar: Step-by-Step at a
UPDATE: if you purchase it during the SPI Tweetup (8-10 pm Chicago time), we will donate 50% of the profits to the Heather Andrews Scholarship Fund!
The Kindle eBook version of Commercial Solar is on sale all this week for just $2.99! (That’s 70% off the print copy price - isn’t technology grand?)
This is a great opportunity to own the book that has been described as:
Can there be any doubt that this book will be The Hit of SPI?
Continuing its (in our view unfortunate) three-year odyssey away from California, SPI 2013 is in Chicago this year for the first time ever. Wait, what? Chicago?
This isn’t a wind-turbine convention - you know, Chicago, the “windy city” - this is the show for Solar. What is it doing in Chicago? (Hey - no knock on Chi-town, we’ve had some great times there and the people are terrific, but when you think of solar you do not think of Chicago.)
So the question is - will this sortie into the Midwest help or hurt attendance? We are guessing the latter, but it will be interesting to see what the numbers say. (And you know that we love us some data!)
Given the location, and the recent trend of some bigger players taking a pass on big booths, who will be the notable “no-shows” at this year’s event (besides us, that is). Enphase won’t have a booth, but their presence will be felt as they host a plethora of parties and other events during the show. Interestingly, rumor has it that SMA will also not have a booth - hard to picture the SMA folks partying like their rivals at Enphase but I suppose it could happen. (Pictures, please!)
But who else gives the exhibit floor a pass? And better question - why?
Buzz is sorta the point of having a booth and LG Electronics - poised to have the first shipments of its long-awaited 300-Watt modules hit U.S. shores in the weeks immediately following the show (and yes, we are in that queue, thank you Focused Energy) is going to have a major booth. Will they capture the buzz?
With neither SMA nor Enphase fronting a booth, who will capture attention in the inverter space? At Intersolar the robots seemed to have gotten a lot of interest - will they be prowling the floor?
What about on the racking front - always lots of products and manufacturers out there - but not much buzz. (Except, perhaps, when a major product is phased out.) Can anyone break through the noise and clutter to make an impression worthy of the booth fees?
And what about the storage sector - will we see more folks now getting it, like Stem? Or will it be more of the same fumbling to find a rationale for their product offering that has been typical in the past?
One of solar’s best kept secrets is that there are lots of intelligent, professional women in the industry - will they finally be seen as the force that they need to be at SPI? We know that our friends Raina Russo and Glenna Wiseman will be there promoting their survey of women’s attitudes about solar marketing. What other events will feature women prominently in ways that capitalize on their intellectual contributions to the industry?
After Intersolar’s debacle with RECOM and its ilk demonstrating that they had no sense beyond that of inebriated frat boys, tremendous pressure was put on the management of SPI to crack down on unseemly displays on the exhibit floor. How well will that be enforced? And how will RECOM’s recent effort to recast itself play with the women at the show? (Interestingly, as to that last point, comments we have received from women are supportive and grateful for our taking a stand whereas those from men are more along the lines of “why are you talking about this?")
So that’s it - a few things to keep in mind as you pack your bags for Chicago - have a swell time and think about us slaving away back home!
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