Solar Builder

MAR-APR 2018

Solar Builder focuses on the installation/construction of solar PV systems. We cover the latest PV technology (modules, mounting, inverters, storage, BOS) and equip installers/contractors with tips and tools to make informed purchasing decisions.

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positive trend he sees is the mix of excited, wealthy players out there looking to develop in the C&I space. "In the nonresidential space, there's been an uprising of well funded national players that can finance anywhere with a fully formed national stack," he said. "This wasn't the case five years ago. You had small players, medium-sized players trying to become national players. That dichotomy has changed." The reason, he says, is the learning curve of early-adopting Fortune 500 companies has now hit the point where the model for C&I solar — developed through trial and error — is no longer an unknown. This means big players like Wal-Mart or Apple are now ramping up, and others who weren't early adopters can now easily follow those established models. The room was polled to see how many developers had ample capital to buy projects at any stage right now, and half the room's hands went up. Another interesting dynamic to watch in C&I is how the tax code will change the mix of the players in the tax equity space, which was typically limited to very large multinationals. "If tax equity becomes less abundant among that group, we think there is a good amount of builtup tax equity in small- to mid-sized corporations that were maybe looking at the solar space, and now that it's much more mature, they may look at this with a lot more confidence," Nicolaou says. SOLARBUILDERMAG.COM | 9

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