Page 13 - North American Clean Energy July/August 2020 Issue

Solar’s Best Kept Secret
Ten years ago our founders set out to create the world’s most technologically advanced microinverter system... made right here in the USA. Mission Accomplished.
MAXIMIZE SYSTEM PRODUCTION LOWER INSTALLER OPERATIONAL COST PROMOTE END USER SATISFACTION
Single and Duo Microinverter
■ CP720 supports two modules (60, 72 or 96 cell) at 240 or 208V - Up to 430W each. ■ 7 kW system possible on one branch circuit – no subpanel required!
■ Built-in protection circuitry mitigates grid instabilities
■ Field or web adjustable firmware supports Rule21 or IEEE1547-2018 requirements
Modular Trunk Cable
■ Pre-terminated standardized lengths simplify installation
■ TC-ER cable with 10 AWG wire supports 30A branch circuits
Versatile Gateway
■ Auto detection of up to 255 attached micros
■ Easily integrates into AC coupled battery or generator augmented systems ■ Robust PLC: >500’ connectivity
■ Allows for production/consumption monitoring and zero net export
All products are designed, manufactured, and supported in the USA.
(310) 800-1396
www.chiliconpower.com
North American Clean Energy
13
Adam Krop is in Corporate Finance and M&A at ReneSola Power, which provides solar power project development, construction management, and project financing services worldwide.
ReneSola /// www.renesolapower.com
projects into monthly public hearings. The COVID 19 situation has provided learning opportunities that support the standardization and virtualization of the permitting process at AHJs, which could ultimately help lower soft costs.
The financing machinery for NTP projects offered a somewhat mixed outlook. Sales of portfolios have been completed, and development assets
will come to market within the next
12 months. Potential equity owners of development assets are still looking
to deploy capital into quality projects. Among tax equity investors, there remain a few holdouts pumping the brakes, presumably due to projections of lower income and lower appetite for tax credits. Projects needing leverage are being shelved until pricing settles in the market.
Like many industries, solar project development was not immune to the first wave of COVID-19 in the U.S. The brief setback in solar growth has provided time to develop more innovation in permitting and interconnection, allowing policy makers to take a long look at renewable incentives that would clearly benefit an economic recovery. Minor delays in new project development were largely due
to the in-person nature of negotiations with landowners and permitting offices. However, projects with site control
and preliminary interconnection and permitting work already underway have progressed through the pipeline with minimal delays. Thankfully, as many AHJs re-open for business, permitting activity is beginning to approach normal levels. Many financing partners remain interested and eager to deploy capital; as development assets come to auction, they will come to the table. As the first wave of COVID-19 winds down, the solar industry should be encouraged to see certain steps in the development cycle lurch back to life, and feel confident in the long-term trajectory of solar in the U.S.