Tariff Details Coming Today. Lighthizer announced yesterday that the new tariff list will go on the federal register later this morning and will go into effect first thing on Friday. Once the register is populated then the analysis can start whether this has an impact on the solar industry. Don’t discount the impact this has on domestic supply chains and the local costs.
Big Quarter At SolarEdge. The public inverter company had a massive quarter and growing both year over year and quarter over quarter. This is the benefit of being a global company so you can flatten the solar coaster’s seasonality. New revenues from non-inverter business units is starting to impact the company as well.
Senator Wyden Tax Fix. Senator Wyden, who was on the wrong side of the 201 trade fight, is on the right side of clean energy tax incentives. His plan calls for the rebalancing of tax incentives for energy generators and includes PTC and ITC aspects. For solar it calls for the permanent 30% ITC and pays for the policy with the removal of the fossil fuel subsidies.
Climate Change On Campus. Part of the election discussion around climate change is a generational one. Axios goes onto the college campus to talk about the need for climate change policy with the next generation.
- Marketwatch: Lighthizer accuses China of ‘reneging’ on promises, says tariffs will rise Friday
- Greentech Media: SolarEdge Hauls in Record Revenues Following Recent Non-Solar Acquisitions
- Solar Magazine: Clean Energy for America Act Would Rationalize, Strengthen U.S. Tax Policy; Too Bad It Stands Little Chance of Passing
- Axios: The college perspective on climate change
- Renewable Energy World: Clearing up some confusion over community solar in New York
- Bloomberg: Coal’s Future Is in the Hands of the People, Not Banks
Opinion
Have a great day!
Yann