Checking In On Solar. Making it a quick rundown today, lots of interesting news to catch up on. Reuters does a trans-atlantic review of rooftop solar. SolarWakeup readers will catch that analysts have not adjusted their 2020 forecast which was brought to 30% down from 2019 when Corona started. We’ll be up in 2020, as I’ve said before.
Digging For C&I Gold. With their unique way of financing C&I solar, Wunder now has more dry powder behind them with a $100million capital raise. Congrats to the team that is looking to solve this large and untapped market.
Hedge The Gas Bridge. Natural gas is a bridge for marketing purposes only. In reality most of the gas utilities also want to repower with renewables as long as they can rate-base that change. One way to do it is to get regulators to start including the cost, or equivalent of, a hedge to guarantee the 30year fuel cost estimates for those power plants. That hedge is expensive if impossible to get, and ratepayers currently provide it for free.
V2G Has My Attention. Vehicle to grid technology is fresh and in the very early stages. I can’t wait to see how it works and how the market creates revenue streams. It’s going to be like uber for utilities except I don’t have to drive anyone, just let the utility take electricity from my car.
Vote To Make Impact. BlackRock takes its climate voice into the board room and proxy votes. 53 is a good start, I look forward to seeing it at 5,300.
Jobs, Jobs, Jobs. Studies are out that there are almost 1 million jobs available in the clean energy industry with targeted stimulus in the next package. Congress should see that there is great value for growth right here.
New Pod On Midwest Solar. I talk with TJ Kanczuzewski, the CEO of Inovateus Solar, about his company’s recently released sustainability report. Both how sustainability impacts their customers demand for solar and how they recently installed a solar farm with zero waste. Catch it on your favorite podcast app.
Event Today. Clean Energy for Biden is hosting a discussion on the Clean Power Plan with the plans policy advisors. There are some great events coming up that are focused on the policy and how it can be implemented.
- Reuters: Rooftop revolution – Coronavirus chill upends solar power industry
- Bloomberg: Wunder Capital Raises $100 Million for U.S. Solar Project Loans
- Grist: The Natural Gas Divide
- GreenBiz: Kickstarting the vehicle-to-grid integration movement
- Axios: BlackRock took “voting action” against 53 companies on climate issues so far this year
- Solar Power World: E2 report finds clean energy stimulus could create 860,000 jobs
- PV-Tech: Ib vogt owners put company up for sale – reports
- Utility Dive: JPMorgan, Bank of America, Wells Fargo, Goldman Sachs back launch of climate finance center
Opinion
Best, Yann