In a move aimed at accelerating New York community solar adoption, Solar Simplified is acquiring state-eligible Low and Moderate Income (LMI) subscribers at no additional cost to its partners, who are primarily independent Power Producers (IPPs) and community solar asset owners.
The initiative is aimed at bolstering the new Community Adder and Inclusive Community Solar Adder programs. Under the structure, the company will cover acquisition costs for LMI subscribers required to meet the 40% quota for the Community Adder.
“We understand the challenges faced by IPPs and asset owners in acquiring and managing LMI subscribers for community solar projects,” says Aviv Shalgi, CEO of Solar Simplified.
“Our decision to absorb these costs is a reflection of our dedication to advancing clean energy projects in New York and a testament to our success acquiring and managing this crucial segment of the market across multiple states, including New York. We believe this will significantly ease the financial burden on our partners and their financial backers, both lenders and tax equity, and make their projects more viable. It will surely help projects that are borderline financially viable to now pencil out and get built, driving faster expansion of community solar in the state while bringing tangible savings to communities that need them.”
The post Solar Simplified Offers Free LMI Subscriber Acquisition for Community Solar Projects appeared first on Solar Industry.
Solar Simplified Offers Free LMI Subscriber Acquisition for Community Solar Projects
Renewable Energy
From the Independent: “Trump Administration to Pay Two More Companies to Walk Away from U.S. Offshore Wind Leases”
From this article in The Independent:
The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development.
Bluepoint Wind and Golden State Wind have agreed to end their offshore wind leases in exchange for reimbursements totaling nearly $900 million. Both companies have decided not to pursue any new offshore wind projects in the United States, the Interior Department announced Monday.
Bluepoint Wind is an offshore wind project in the early stages of development off the coasts of New Jersey and New York, while Golden State Wind is a floating offshore wind project proposed off California’s central coast.
Trump is hellbent on destroying the renewable energy industry so as to benefit his billionaire friends in fossil fuels.
He’s on course to be remembered as the most destructive person in world history, with the possible exception of Adolph Hitler.
What is said here about Pete Hegseth is clearly true.
But keep in mind that he’s fiercely loyal to Donald Trump, and Trump couldn’t possibly care what happens to the United States, as long as he can stay out of prison and enrich himself and his family.
Here’s an article that outlines how the EU has lowered energy prices via its investment in renewables.
In truth, the economics of all this is complicated. In most of the world, there are subsidies for clean energy, just as there are subsidies for Big Oil. If you want to remove the environmental regulations of coal-fired power plants and let them make fortunes by turning our atmosphere into their own private sewers, you can probably make coal-powered energy very inexpensive.
One thing is clear though, looking through all this complexity: the countries whose people actually care about the future of life on Earth are aggressively decarbonizing their energy and transportation sectors, and there is a great deal to be said for this.
In the United States, we’re rapidly going in the other direction. Shame on us.
From the Independent: “Trump Administration to Pay Two More Companies to Walk Away from U.S. Offshore Wind Leases”
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