Going Public. Reuters has the news that the solar loan and financing provider, Sunnova, is planning to go public. Over the years, Sunnova has built an impressive dealer network across the Country. The filing, likely still confidential at this point, is the first step in the process but as a financing provider, the path could be primed for success. With a growing market, Sunnova is poised to succeed in this process.
Respect The Roof. The solar industry has to figure out a plan to combat bad installers that are lying and cheating homeowners across the Country. This happens in most sectors but solar is under a microscope and some States have enacted consumer rights processes. The problem is that much of that is new and not being followed by the bad actors. The same is true for installers that are not using code compliant products and installation methods. Most of the focus is on the lending rules but not on creating a system that will work for 25-30 years, so we have to do more to get good solar on roofs across the Country.
Retailers Fight For Solar Access. Retailers have long fought for their own secure access to solar contracts. This Bloomberg story is about Target in Virginia but trade groups have been fighting this battle ever since I’ve been in solar.
Climate In Iowa? With terrible flooding and farmers understanding the risk of climate change, the more traditional campaign run by Vice President Biden is bringing the issue up on the campaign. In head to head programming with Trump, the Biden campaign is clearly seeing polling and voter data that says this issue brings voters over to their campaign.
- Reuters: U.S. rooftop solar company Sunnova Energy plans IPO – sources
- Las Vegas Review Journal: Reports of solar scams on the rise in Las Vegas Valley
- Bloomberg: Target Leads Retailer Revolt Against Virginia Electric Utility
- Axios: Biden to hit Trump on climate in Iowa
- CleanTechnica: Timestamped Summary Of Tesla Shareholder Meeting
- PV-Tech: Walmart, US Solar sign deal for 36 community solar gardens
- Greentech Media: Coalition of Automakers and Utilities Unveils Transportation Policy ‘Roadmap’
- Utility Dive: Utilities must address widening business-residential knowledge gap on clean energy – Deloitte
Opinion
Have a great day!
Yann