Time To Collaborate. Service and commodity businesses serving the residential solar market are both profitable and having a moment of struggle as NEM 3.0 reset and high interest rates slow new consumer adoption. I’ve seen the residential solar market from many angles and have spoken personally to more than a 1,000 of owners of various sizes. Tinkering with the Buyer’s Group concept a few years ago and running QuickMountPV, I realize that bringing installers together make a lot of sense for stability and profitability of the installer. It would take 50+ installers to commit to group purchasing but the lowest hanging fruit of racking and financing could shave 25+ cents per watt off the total cost.
- New York Times: The Clean Energy Future Is Arriving Faster Than You Think
- Politico: Democrats’ climate law set off a wave of energy projects in GOP districts. A backlash followed.
- Canray Media: US announces first winners in $3.5B carbon removal program
- PV-Magazine: Sunlight Financial challenged to sell $550 million in residential loans
- Axios: The fastest-growing U.S. cities are roasting in extreme heat
- Bloomberg: Solar Built on Trash Offers Solution to Renewable Energy’s Space Problem
- Reuters: Dubai’s DEWA selects Abu Dhabi’s Masdar to construct solar park
- PV-Tech: Greenbacker US$148 million tax equity financing for ‘one of first’ US solar projects to get PTC
- Energy Storage News: Gridmatic launches US$50 million fund to manage BESS projects in ERCOT and CAISO
Opinion
Best, Yann