Palmetto State Sunrise. All the parties seem to have come to an agreement. The Senate passed the bill and it goes to the House for reconciliation and then the Governor. This is expected to happen and open the market.
Rating For California CCAs. Peninsula Clean Energy got the first credit rating for a CCA. This is big news and signals a positive future for non-IOU utilities in the State. More to come.
Sunrun Earnings Out. Typical Q1 drop in deployments but a strong quarter by Sunrun. It’s still expensive to sell solar to 242,000 homeowners but lower pricing isn’t going to stop the market share growth according to CEO Lynn Jurich. My take is that residential solar is growing rapidly and everyone should focus on what they are strongest at and we all win.
20% Go 100%. 1 in 5 Americans live in a State that has a 100% RPS. That’s a big number.
More Climate Disaster Ironies. The UN extinction report came out and buried in the flurry of Congressional news. Sad state of the environment for sure which creates a more stark background for Pompeo’s comments on the ice cap melt.
Walmart Adds More Solar. 40MW of solar on 46 locations were signed by the retailer with solar firm, C2 Energy Capital. Projects will be in 5 States and signals an ongoing commitment to add solar by corporations for the expressed purpose of saving money.
- Post and Courier: SC lawmakers reach compromise to expand solar industry
- Greentech Media: In New Challenge for California’s Utilities, Rating Agency Warms to Community Aggregators
- Bloomberg: Tesla Is Cutting Solar Panel Prices and Sunrun Isn’t Worried
- Grist: 1 in 5 Americans now live in places committed to 100% clean power
- Axios: How Jerome Powell’s Fed thinks about climate change
- The New Yorker: The U.N. Report on Extinction vs. Mike Pompeo at the Arctic Council
- Solar Power World: Walmart signs 46 solar PPAs to help power operations in five states
- Utility Dive: The looming threat to state renewable goals in wholesale electricity markets
Opinion
Have a great day!
Yann