AC Power’s Post

Tax equity demand is soaring thanks to a booming renewable energy sector, and batteries may be the next big opportunity. Adam Shor, Principal at Shor Power, LLC, explores how solar and wind projects continue to dominate, but energy storage is quickly gaining traction. He discusses how commercial buildings with battery systems are becoming more viable as new arbitrage opportunities emerge. Don’t miss Adam’s insights into the future of renewable energy and battery storage: https://hubs.ly/Q02T98vt0 #FutureofCommercialRealEstate #RealEstate #Sustainability #RenewableEnergy #CommercialBuildings #Decarbonization #EnergyEfficiency

Investment in battery storage is about to be on a hockey stick trajectory. Investors who smartly jumped feet first into solar and wind know they don't want to miss the benefits of BESS investments as this sector ramps up. Great stuff from a preeminent mind in tax equity and all other forms of renewable energy financing, Adam Shor at Shor Power, LLC #taxequity #partnershipflip #taxfinance #taxcredits #ITC #finance

$3.1 TRILLION! 😍 The new World Solar Report from the International Solar Alliance projects that investments in renewable energy will hit an unprecedented $3.1 trillion next year. For investors, this surge represents more than just a quick win—it’s a clear indicator of the long-term economic and environmental benefits of clean energy. ⚡ On top of that, satisfying the demand for dynamic, versatile solutions—like our solar mounting systems—will be critical if we are to achieve the massive deployment of solar infrastructure that’s required to meet global sustainability goals. Click the link in the comments to learn more. 👇 #WeSupportSolar #Sustainability #RenewableEnergy

Across June 12-13, IPA Senior Program Manager for Illinois Solar for All Jennifer Schmidt spoke on a panel at the Wood Mackenzie Solar & Energy Storage Summit in San Francisco. The panel, titled “Infrastructure-as-a-Service Business Models for Community Solar” explored community solar as a means for ensuring that the benefits of the renewable energy transition are reaching limited and moderate-income households. This discussion also shed some light on how federal policies and funding play a critical role in the growth of renewable energy. The panel discussion particularly highlighted how the U.S. EPA Greenhouse Gas Reduction Fund is going to support and catalyze expansion of solar access to low- and moderate-income communities. The Solar & Energy Storage Summit also explored new technological innovations, energy storage expansion, and safety concerns for upcoming projects. To learn more about the summit, please see Wood Mackenzie’s top takeaways from the Solar & Energy Storage Summit 2024: https://lnkd.in/gv_DGAEH #summit #paneldiscussion #infrastructure #communitysolar #energyequity #cleanenergy #solarpower

🌟 Exciting Update! 🌟 Over the past three days, I've successfully conducted several critical tests for wind and solar facilities, including two MOD-025, MOD-026, and MOD-027, along with ERCOT Part 3 testing on Solar + BESS project. ERCOT Part 3 testing, a prerequisite for commercialization, ensures compliance with Texas grid standards. If you're in the renewable energy industry and require these tests for your facilities, let's collaborate to ensure your projects are optimized for efficiency, reliability, and compliance. Reach out to discuss how we can contribute to a sustainable energy future. 💡 #RenewableEnergy #GridReliability #ERCOTTesting #MODTesting #CleanEnergy #sustainability #PART3TESTING

🔥 Breaking Solar News 🔥 The U.S. Department of Energy (DOE) will be presenting at the first US Floating Solar conference on July 23, 2024 in New York City! https://lnkd.in/gbgPfw8r Robert Meagley, Technology Manager in the DOE Solar Energy Technologies Office, will discuss the potential for floating solar projects in the country, covering topics such as benefits, emerging hotspots, growth prospects, and future outlook. The mission of the conference, which is organized by REGlobal and Global Transmission Report is to highlight potential, growth opportunities, policy initiatives, developers’ plans, technology trends, financing landscape and outlook for the floating solar sector in the US. According to National Renewable Energy Laboratory, the US is the largest freshwater floating solar market in the world. RCAM Technologies is looking forward to seeing you in the Big Apple this summer! 🗽 #floatingsolar #solarreef #offshoresolar #fixedbottomsolar #nearshoresolar #solarenergy #offshorewind #NewYork

OYA Renewables is one of the latest in a series of bankruptcies to hit the solar industry. PETITION LLC's recent edition highlighted this quote from the first day declaration: “[𝑇]ℎ𝑒 𝐶𝑜𝑚𝑝𝑎𝑛𝑦 𝑑𝑖𝑠𝑐𝑜𝑣𝑒𝑟𝑒𝑑 𝑡ℎ𝑎𝑡 𝑡ℎ𝑒𝑟𝑒 𝑤𝑒𝑟𝑒 𝑐𝑒𝑟𝑡𝑎𝑖𝑛 𝑒𝑟𝑟𝑜𝑟𝑠 𝑤𝑖𝑡ℎ 𝑡ℎ𝑒 𝑐𝑎𝑠ℎ 𝑎𝑛𝑑 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡𝑎𝑙 𝑚𝑜𝑑𝑒𝑙𝑖𝑛𝑔 𝑓𝑜𝑟 𝑡ℎ𝑒 𝑝𝑟𝑜𝑗𝑒𝑐𝑡𝑠 𝑖𝑛 𝑎𝑑𝑑𝑖𝑡𝑖𝑜𝑛 𝑡𝑜 𝑝𝑟𝑜𝑗𝑒𝑐𝑡 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡 𝑑𝑒𝑙𝑎𝑦𝑠 𝑐𝑎𝑢𝑠𝑒𝑑 𝑏𝑦 𝑒𝑥𝑡𝑒𝑟𝑛𝑎𝑙 𝑓𝑎𝑐𝑡𝑜𝑟𝑠. 𝑈𝑝𝑜𝑛 𝑡ℎ𝑖𝑠 𝑟𝑒𝑎𝑙𝑖𝑧𝑎𝑡𝑖𝑜𝑛, 𝑡ℎ𝑒 𝐶𝑜𝑚𝑝𝑎𝑛𝑦 𝑎𝑠𝑠𝑒𝑠𝑠𝑒𝑑 𝑡ℎ𝑒 𝑠𝑖𝑡𝑢𝑎𝑡𝑖𝑜𝑛 𝑎𝑛𝑑 𝑤𝑎𝑠 𝑢𝑛𝑎𝑏𝑙𝑒 𝑡𝑜 𝑐𝑜𝑛𝑡𝑖𝑛𝑢𝑒 𝑡𝑜 𝑎𝑑𝑣𝑎𝑛𝑐𝑒 𝑡ℎ𝑒 𝑑𝑒𝑣𝑒𝑙𝑜𝑝𝑚𝑒𝑛𝑡 𝑜𝑓 𝑡ℎ𝑒𝑠𝑒 𝑝𝑟𝑜𝑗𝑒𝑐𝑡𝑠 𝑎𝑙𝑜𝑛𝑔 𝑡ℎ𝑒 𝑡𝑖𝑚𝑒𝑙𝑖𝑛𝑒𝑠 𝑖𝑡 ℎ𝑎𝑑 𝑖𝑛𝑖𝑡𝑖𝑎𝑙𝑙𝑦 𝑎𝑛𝑡𝑖𝑐𝑖𝑝𝑎𝑡𝑒𝑑.” - CRO, John Shepherd. Such a perfect example of the #1 Barrier highlighted in our Top 5 Barriers to Implementation for Solar for All white paper. https://lnkd.in/eQVupRxr With mid-development community solar projects included in this bankruptcy, could Solar for All grant recipients or partnering Green Banks buy these assets (or offer low interest financing for others to buy them) to get a head start on their Community Solar plans? I'm sure there are a million reasons why this is a bad idea (feel free to list them in the comments!), but it could be an efficient way to move the pipeline forward and help these projects reach completion. #solarforall #ggrf #communitysolar #greenbanks Realize 2050

Project Spotlight: Dimension Energy – NY2 & NJ7 In partnership with Dimension Renewable Energy , this project spans nine sites across New Jersey and New York. These installations offer cost-effective solar solutions to residents. The 28.04-megawatt (MW) portfolio is projected to generate 37 gigawatt-hours (GWh) over its lifespan. This energy production will offset 26,000 metric tons of CO2 annually—equivalent to the emissions from burning nearly 30 million pounds of coal or sequestering carbon similar to over 56,000 acres of forest each year. Discover the community and environmental impacts of these installations: https://lnkd.in/dm87fCdH #ITC #SolarInvestment #SolarTaxCredit #TaxCredits

Unlock the power of solar energy in your community! Specialized EPC contractors are the key to successful, sustainable community solar projects. Learn how they're driving local renewable energy initiatives. #SolarPower #CommunitySolar #RenewableEnergy Read more here 📰

Energy Central webinar host John Egan asked Sylvia Levya Martinez, Principal Analyst from Wood Mackenzie to size up the solar market - how did solar development do in 2023 vs 2022? ☀️ Here’s what Sylvia had to say. 🤔 What do you think? #futureofsolar #solardeployment #deploywhatsnext