Earnings Season. Tesla earnings are always interesting because they kick off the residential solar data flow that I am currently personally interested in with my day job given that I run a racking company. Tesla, without really trying, installed 47MW of solar on down from 73MW last quarter. Sunrun and Vivint Solar will be following with Q1 data shortly to see how it plays out. It has been raining in California and Q1 is historically the worst in terms of builds and backlog growth. I am also listening for input on impact from tariffs especially on racking supply given that Sunrun and Tesla both have a big investment in their own racking systems through their (long ago) acquisitions of SnapNrack and Zep accordingly. Their growth also means the growth of the overall solar market which is a market positive and enables other companies to reinvest into their own businesses. Q1 in the books and we’re rolling on Q2, let’s go!
- Bloomberg: Now Tesla Isn’t Even Among Top Two Players in U.S. Rooftop Solar
- Renewable Energy World: Iowa pork producers stall utility efforts to upend solar net metering
- Think Progress: Even this conservative poll’s misrepresentation of Green New Deal is popular
- Greentech Media: Facebook and Dominion Energy Ink Deal for 350MW of Solar
- Rocky Mountain Institute: How Community-Scale Solar Can Change Our Energy System
- Utility Dive: New York targets 1.5 TWh of new renewables with latest solicitation
Opinion
Have a great day!
Yann