A few notes for you this morning. Hemlock, after winning a summary judgement over SolarWorld, has submitted the financial claims. The losses amount to over $793million which is far more than the cash on the balance sheet of the module manufacturer. The question is, will the brazen CEO fight more, ask for another bailout from Qatar or make a deal to drop the trade cases in US and China. This is a simplified version but a deal should be possible at this point. On another note, please take a moment to read and discuss the NY Times story. I don’t have all of the details yet, but I am fairly sure that the information listed in the story is either wrong or severely misleading. It may be possible that the homeowner was in a specific rate schedule from the start that was changed but the NEM 1.0 policies did not change in CA and the NEM 2.0 policies still offer a significant benefit to CA homeowners, especially in PG&E territory. Someone pitched this to NY Times and we should all be concerned about how they were able to push this story on a great reporter.
- PV-Tech: SolarWorld damages listed at US$793 million
- Huffington Post: The Top 10 Solar States & How Utilities Are Fighting Them
- Energy Collective: Hourly Information on U.S. Electricity Supply, Demand, and Flows is Now Available
- Renew Economy: CEFC hits record $837m of clean energy investments in 2015-16
- New York Times: Why Home Solar Panels No Longer Pay in Some States
- PV-Magazine: San Diego cans SunEdison public projects
- Grist: Liberal congresswoman explains why she has some misgivings about solar leasing
- The Atlantic: Why Should Only the Wealthy Get Solar Panels?
Opinion
Have a great day!
Yann