This is your SolarWakeup for October 6th, 2021

Gas Is The Talk. Natural gas pricing is skyrocketing, aimed to go even higher. Possibly as high as they’ve been this millennium. The global energy crunch is coming and the PR campaign to blame renewables is already starting. Interesting considering, gas capacity is as high as ever and it’s the commodity price alone that is creating the price impacts.

Energy Costs This Winter. The forecast for this winter is not pretty, some forecasting natural gas prices over $10/mmBtu. That is real money for families across the Country and takes money directly out of discretionary spending that would otherwise go into the economy.

SunPower Goes Vertical. With their quarterly earnings, SunPower announced it was buying Blue Raven Solar and looking to get out of C&I by potentially selling that division. Interesting to see the consolidation towards the Sunrun business model happening across the market.

Big Win By CALSSA. California’s Attorney General filed an answer to the CALSSA lawsuit in court yesterday, saying the regulator would delay implementation of their plan to make solar installer fulfill unnecessary licensing requirements. Last month, the solar trade organization had no choice but to respond by attacks on the industry by filing suit on the licensing issue. Fight is not over (it never is) and all focus temporarily goes to NEM 3.0 at the CPUC. 

Opinion

Best, Yann