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first_img$4 million funding for solar startup BrightSolar advocate Jonah Greenberger’s brainchild “Bright” has managed to raise $4 million in funding. Bright’s aim is to install solar panels on Mexican roofs under a subscription program, where homeowners get panels for free but pay for use. August 5, 2015 Shamsiah Ali Oettinger Installations Manufacturing Markets Markets & Policy Share Startup company Bright has managed to secure $4 million in funding from investors according to online technology platform TechCrunch. The company’s founder Jonah Greenberger believes that monthly electricity costs can be brought down in Mexico where energy can be expensive. The subsidies, albeit covering the poorest citizens, do not help everyone.A subscription system This is where Bright’s subscription plan comes in. Greenberger’s system works by installing solar panels on home owners’s roofs for free. A bi-directional energy meter is installed in the home and connected to the network to measure energy generation and consumption. The energy produced by the panels is then subtracted from the energy used by the household and what is left gets accumulated for the next period. When the household does not use the solar power, it is then transferred through the grid to supply other households in the community. A single installation will cost an investor $10,000 to $20,000 and households then start to pay Bright about $250 per month on average which Bright splits with the private investor. Consumers can cancel subscription anytime and the loss will then fall on the investor. Hence Greenberger believes in a careful selection process to lower risk. Bright sources its panels and system components from Mexican contractors and also continues to monitor performance after installation.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… 123456Share Shamsiah Ali OettingerMore articles from Shamsiah Ali Oettinger [email protected] Related content Solar 101: Attaching your PV system to your roof John Fitzgerald Weaver 23 April 2021 pv-magazine.com A solar racking system’s strength is determined in part by the metal racking, but it also depends on the roof’s underlying structure. 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After 10 years of delays, regional pilot schemes and general uncertaint… PV feed in, certified pv magazine 7 April 2021 pv-magazine.com As more renewable energy capacity is built, commissioned, and connected, grid stability concerns are driving rapid regulatory changes. iAbout these recommendations Elsewhere on pv magazine… MIBEL alcanzó nuevamente los precios más bajos de Europa mientras subieron en el resto de mercados eléctricos pv magazine 23 March 2021 pv-magazine.es En la tercera semana de marzo los precios de la mayoría de mercados eléctricos europeos subieron, mientras que MIBEL mar… Tasmanian Labor installs solar at the top of its campaign promises Blake Matich 8 April 2021 pv-magazine-australia.com Tasmania (TAS) is going to the polls on May 1, and the opposition Labor Party has put forth a $20 million plan to fund l… India closing in on 7 GW of rooftop solar pv magazine 13 April 2021 pv-magazine-australia.com India’s cumulative installed capacity of rooftop solar stood at 6,792 MW as of December 31, 2020, with 1,352 MW having b… Spotlight on Australian solar Bella Peacock 21 April 2021 pv-magazine-australia.com Calculating the average sunlight hours data from the Bureau of Meteorology from January toDecember 2020, Darwin was cro… Q&A: EEW’s $500 million Gladstone solar to hydrogen project is just the start Blake Matich 18 March 2021 pv-magazine-australia.com pv magazine Australia: Australia is the testing ground for a lot of different aspects of the future green hydrogen market. Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… iAbout these recommendations Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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For more information please see our Data Protection Policy. Subscribe to our global magazine SubscribeOur events and webinars Household solutions for maximizing self-consumption using smart contro… , pv-magazine.com Discussion participantsRobert van Keulen, Technical Manager, GrowattGautham Ram, Assistant Professor and Researcher, D… Virtual Roundtables USA 17 November 2020 pv-magazine.com We will be hosting the second edition of our successful Virtual Roundtables this year in November. The program will be f… Grid code compliance in megawatt projects 27 April 2021 pv-magazine.com Discussion participantsEhsan Nadeem Khan, Grid Code Compliance Engineer, meteocontrolModeratorsMarian Willuhn, Editor… iAbout these recommendations pv magazine print PV feed in, certified pv magazine 7 April 2021 pv-magazine.com As more renewable energy capacity is built, commissioned, and connected, grid stability concerns are driving rapid regulatory changes. Curtailing corrosion: making mounting structures last pv magazine 7 April 2021 pv-magazine.com Raw material quality is vital for solar power plants, particularly given higher expectations for their lifetimes, as 30+… The ideal format pv magazine 7 April 2021 pv-magazine.com The speed at which manufacturers are introducing changes from one product generation to the next is accelerating – curre… The more you know Marian Willuhn 7 April 2021 pv-magazine.com Module-level power electronics, most often in the form of power optimizers and microinverters, offer a range of value pr… Unchained: political moves shift solar supply David Wagman 7 April 2021 pv-magazine.com PV module supply chains to the U.S. industry are in flux, and not for the first time. Moves to take action alongside sti… Microcracks and module design pv magazine 8 April 2021 pv-magazine.com New cell and module technologies are boosting power outputs, but they often have implications for quality. 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