With the shutdown of NRG’s Home Solar division, David Crane’s bold foray into the residential solar market was abandoned, and the recent bankruptcy of Sungevity has similarly emphasized distress within residential rooftop solar. Yet as the US solar market doubled in the year 2016, it is clear residential solar is not going away anytime soon. … Continue reading Where goes the rooftop resi market?
This past February, eleven Wharton Energy Club members boarded a plane to San Francisco excited to visit a diverse set of entities renowned for their leadership in the clean energy sector. The trip’s festivities included eight onsite meetings, as well as a happy hour downtown bringing together Wharton cleantech alumni in the Bay Area. The… Continue reading Cleantech Trek to San Francisco: Soaking up the California Sun (and Storing It Too)
In 2015, the private sector funded only $25B in project-level equity of the $391B in global climate finance. The balance either flowed through government budgets and the multilaterals that use these funds, or balance sheet financing, which tends to support the lowest risk investments. This pales in comparison to the $5.7 trillion (yes, trillion) in… Continue reading Change is money in climate change
November of a presidential election year is traditionally a time for seeking common ground to heal divides from heated political banter. How better to bring people together than picking bipartisan, low-hanging fruit and moving forward on consensus, popular issues? To the American public, at least, one such issue is clean energy support. According to University… Continue reading Why clean energy is a partisan issue on Capitol Hill… and nowhere else