In case it wasn’t yet obvious to you, solar is complicated. It requires an endless flow of capital, whether directly from end customers that invest for themselves or loans and leases. Now that the industry is driving the scale up, new capital is interested which is obvious by the number of public solar companies. Being public is complicated because you have to create quarterly results which does not go hand in hand with a 20+ year asset class. MIT, which has a history of loving fossil and nuclear, is taking some joy of the recent drop in solar stock prices and calling it a bubble. I have a question for MIT, Bank of America stock is down 30%+ in the past 6 months, is the banking sector bubble bursting too?
- MIT: Suddenly, the Solar Boom Is Starting to Look like a Bubble
- The Hill: Sanders calls out Warren Buffett over solar energy
- Vox: Flattening the “duck curve” to get more renewable energy on the grid
- PV-Magazine: Judge limits asset transfers by SunEdison, TerraForm Power
- Greentech Media: Nevada Regulators Approve New Rate Hike Timeline For Rooftop Solar Customers
- Solar Industry: Maine Solar Supporters Call On Legislators To Preserve Net Metering
- Motley Fool: 5 Facts You Didn’t Know About Solar Energy
- Mankato Free Press: Sunburst – The solar boom has hit south-central Minnesota
Opinion
Have a great day!
Yann