Does Storage Work? For your project. I had the pleasure of talking to Andy Colthorpe of Energy-Storage.news about the most common question I’ve been getting since joining FlexGen. Asset owners and developers alike are looking for answers on how storage creates revenue upside and capital deployment opportunities on their existing assets, pipeline and future developments. Regardless of the interconnect, storage has a role and a timeframe for the right return on investment. By doing a project feasibility assessment, you identify the target revenue situation and the corresponding capex maximum based on your return requirement with the ability to actually get the project done if the project gets the green light. Thank you to Andy for the article and Solar Builder and Solar Power World for their coverage as well.
The Congressional Address. Good coverage in a variety of publications about climate and how it made the primetime in Biden’s address to Congress. Politico’s Greenwald takes a contrarian view to the climate policy is jobs policy in today’s rundown.
Permits Cost Time Cost Money. It’s been 3 years since I first mentioned the idea of instant permits on this newsletter. While the concept has not changed much, permits take too long and cost too much for the service they provide to homeowners, the reality of instant permits has reached much higher probability and in some jurisdictions, reality. There are a few people, one in particular, that have been relentless advocates for SolarAPP. In due time they will get recognized in a major way on this platform, but everyone involved in residential solar should be paying close attention to how they can help this effort.
Power Up, EPCs. And come ready to learn! The Business PowerSeries from EagleView – moderated by yours truly – has an upcoming webinar on scalability. Remember what happened when Icarus flew too close to the sun? This session will show you how to avoid any sinking missteps and instead scale your business using sustainable strategies. I’ll be joined by JP Gerken, CEO of Zenernet and solar selling extraordinaire. He’ll talk about what it takes to turn a business into one of the largest residential solar companies in the country. Sign up now to save your spot for May 12th!
- Energy Storage News: FlexGen’s DigitalTwin feasibility reports answer the question – “Does storage work for my project?”
- Axios: Quick takeaways from Biden’s speech to Congress
- PV-Tech: SEIA issues new protocol to foster ethical solar supply chains
- Canary Media: Instant permits for home solar? There’s a SolarApp for that
- Utility Dive: PJM proposes to end FERC MOPR policy that raised prices for state-subsidized resources
- Los Angeles Times: California just hit 95% renewable energy. Will other states come along for the ride?
- Reuters: Volkswagen plans renewable investments in CO2 reduction push
- PV-Magazine: Sunnova narrows its quarterly loss and looks to build on SunStreet opportunity
Opinion
Best, Yann