|By PR Newswire||
|April 21, 2014 02:55 PM EDT||
NEW YORK, April 21, 2014 /PRNewswire/ -- Mercatus, Inc., the leading enterprise level investment analysis and decision making platform for solar energy investors, has formally adopted the Solar Access to Public Capital (SAPC) Working Group standard contract documents for both residential and commercial solar.
The U.S. Department of Energy's (DOE)'s National Renewable Energy Laboratory (NREL) convened the SAPC working group in 2013 with a mission to enable securitization of solar PV assets and associated cash flows in the marketplace.
"The SAPC public-private initiative provides the credibility and gravitas necessary to drive the establishment of standards needed to accelerate securitization and other financing options necessary to bring residential and commercial solar investment to the next level of scale," said Haresh Patel, CEO of Mercatus. "We saw a similar initiative in the semiconductor industry called Sematech in the late 1980s and early 1990s that helped ignite the U.S. semiconductor market. We feel SAPC will have a similar impact on the solar industry."
In an effort to advance the availability of capital and financing options for the solar and other distributed energy technologies, which now includes solar securitization, Mercatus will also support the Solar Energy Finance Association (SEFA) in their ongoing efforts to advance the availability of capital and financing options for the solar and renewable energy industries.
"Mercatus has been very instrumental in the SAPC's effort to define risk and credit parameters, especially in helping develop standard C&I risk methodologies for the SAPC's mock rating effort," said John Joshi, a consultant to NREL for the SAPC group, noting that Mercatus will be presenting at an up and coming workgroup meeting May 1, 2014 in New York City on "Risk Analysis for Solar with Applications of Standards and Analytics" as part of its ongoing support of the SAPC effort.
Since its 2009 inception, Mercatus has assessed over 20GW of commercial and residential solar projects, and currently serves 50% of the distributed generation U.S. solar market. Mercatus counts the industry's top global developers, institutional investors and independent power producers as customers. Subscribers to the Mercatus platform are currently targeting $1.2 billion in dedicated capital deployment for distributed generation solar investments in 2014.
"It's great to see the continuing industry support for the SAPC standards," said Michael Mendelsohn, Senior Financial Analyst at NREL. "Mercatus' contributions on standards development and incorporation into its platform have been extremely helpful and will be essential to help mobilize the industry."
Mercatus is a leading solutions provider for the energy project finance industry, offering its Solar Investment Analysis platform for investors looking to make asset-class portfolio decisions. Mercatus' new standardized approach to the project aggregation, pooling and syndication of individual projects provides the critical transaction interface between buy and sell sides. Mercatus is based in Silicon Valley. For more information visit http://www.gomercatus.com.
NREL is the U.S. Department of Energy's primary national laboratory for renewable energy and energy efficiency research and development. NREL is operated for DOE by The Alliance for Sustainable Energy, LLC.Visit NREL online at www.nrel.gov. For further information contact NREL Public Relations at 303-275-4090.
SAPC is the Solar Access Public Capital Working Group established in 2013 by NREL via a DOE Grant under the Sunshot Initiative. SAPC's primary efforts center on the standardization of power purchase agreements, leases, and other documents relevant to residential and commercial deployment, and the development of robust datasets to assess performance and credit-default risk. These activities are designed to allow projects to be grouped into tradable securities. Securitization is expected to attract additional investors to the solar asset class, enabling the industry to tap a larger and more liquid pool of capital than currently available. The working group includes over 200 members firms representing some of the leading organizations in the fields of solar deployment, finance, counsel, and analysis.
For further information contact NREL Public Relations at 303-275-4090.
The specific purpose of this corporation is to advance the availability of capital and financing options for the solar and renewable energy industries. In furtherance of this purpose, the corporation shall involve stakeholders in the solar, renewable energies and finance industries to promote their common business interests and to improve financing conditions and availability of financing options for solar and other renewable energy generating sources. For further information contact SEFA Public Relationship at 818-294-3381.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 29, 2015 02:00 PM EST Reads: 483
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
Nov. 29, 2015 01:00 PM EST Reads: 410
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Nov. 29, 2015 01:00 PM EST Reads: 348
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
Nov. 29, 2015 12:45 PM EST Reads: 416
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Nov. 29, 2015 12:30 PM EST Reads: 421
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
Nov. 29, 2015 12:00 PM EST Reads: 525
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
Nov. 29, 2015 11:45 AM EST Reads: 324
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Nov. 29, 2015 11:30 AM EST Reads: 272
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Nov. 29, 2015 10:00 AM EST Reads: 201
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and t...
Nov. 29, 2015 09:45 AM EST Reads: 451
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
Nov. 29, 2015 09:15 AM EST Reads: 344
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 29, 2015 08:45 AM EST Reads: 216
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...
Nov. 29, 2015 08:00 AM EST Reads: 270
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
Nov. 29, 2015 07:00 AM EST Reads: 499
Continuous processes around the development and deployment of applications are both impacted by -- and a benefit to -- the Internet of Things trend. To help better understand the relationship between DevOps and a plethora of new end-devices and data please welcome Gary Gruver, consultant, author and a former IT executive who has led many large-scale IT transformation projects, and John Jeremiah, Technology Evangelist at Hewlett Packard Enterprise (HPE), on Twitter at @j_jeremiah. The discussion...
Nov. 29, 2015 06:45 AM EST Reads: 742