Palmetto Loads Up. The solar marketplace, Palmetto, is bringing in another $150million from TPG’s Rise Climate Fund. This is the same fund that invested heavily into Nextracker last year ahead of that company’s IPO.
All Eyes On Houston. As CERAWeek ramps up, a series of talks from energy executives gives us a signal on where leadership will be related to energy transition and investment theses. Especially in this era, where oil companies and electric utilities begin their era of competition for consumers energy consumption, how will they promote their vision to the global audience that is coming down to Houston.
Not Niche Has Responsibilities. Solar used to be niche, an esoteric asset class that was going to be the next big thing. Not anymore and a year like last year where solar represents 82% of the additions to the bulk power system, it’s possible that the asset class needs to act its size. One of the biggest risks going forward is cybersecurity, especially with electrification impacting more critical infrastructure. That means that regulators and safeguards will require generation and participants in solar and storage to be able to upgrade and enhance the assets to future requirements. So ask yourself, how would you update your investment going forward?
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
- Solar Builder: TPG Rise Climate invests $150M in residential solar marketplace Palmetto
- PV-Magazine: Solar, wind, storage account for 82% of new U.S. capacity additions
- Bloomberg: Baker Hughes Plans for Multiple Years of Growth: CERAWeek Update
- Utility Dive: New White House cyber strategy could drive utility costs higher, warns security expert
- Reuters: Exclusive: U.S. solar panel imports from China grow, alleviating gridlock, officials say
- Axios: Over 190 countries reach historic deal to protect oceans
- PV-Tech: RWE’s US renewables pipeline soars after completing Con Edison Clean Energy Businesses acquisition
- Energy Storage News: Volvo Penta launches battery storage sub-system solution
Opinion
Best, Yann