489: Understanding the Value Stack for Community Solar with Sy Kim, Community Solar Support LLC

Published: June 24, 2022, 10 a.m.

If you\u2019ve been following along the touchstones that make up the community solar market\u2026

\u201cIn this final episode of our 5-part series, we still have one more segment of this quilt of knowledge left to weave - the money - how does it work? You heard David Sandbank in Episode 1 refer to the Value Stack. The ways in which the market participants are incentivized to participate is an important element of any complete understanding of an industry sufficient that you could actually begin to participate in it. So, today I\u2019m sitting down with Sy Kim, an industry veteran who has become a go-to resource for those who wish to develop market entry and business development plans for community solar. I first met Sy back when he was a project developer at SunPower before he went on to take senior leadership roles in NRG Energy and what would become Clearway. Sy\u2019s market understanding surpasses most others I\u2019ve met when it comes to explaining the one piece left to unravel in this tapestry - just how does the revenue in these projects stack up? 

We discuss RECs, Tax Equity, market constraints & More. 

From types of offtakers to credit risk, incentives and customer mix, this final discussion will hopefully help fill any remaining gaps in your understanding of just exactly what community solar is and how you can participate in this high-growth opportunity.

You can learn more about today\u2019s guest and our expert lineup along with what else is to come in the series at www.mysuncast.com/communitysolar 

Did you miss the series so far?

CONSIDER THIS YOUR \u201cCOMMUNITY SOLAR 101\u201d

In this 5-part series, we answer:

  • How does Community Solar work, and what are the Policy frameworks that support it\u2019s expansion?
  • Is the development of Community Solar that much different from other solar verticals (C&I, Utility)?
  • How does this segment of the industry enable a more just & equitable solar offering?
  • Who are the customers and how are they acquired for Community Solar as compared with other verticals?
  • And, How does the money flow into, through and out of these projects for the various stakeholders?

The Community Solar series presented in partnership with EDP Renewables N. America, Distributed Generation.

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