The Friday Rundown. Some travel this week kept the regular column from getting together to you, apologies. This week, we’ve seen Arizona reup their attack on net metering, something that is taking advantage of the example set by California and a recent drag on the residential solar stocks which were already struggling with higher interest rates. The industry is going to have a renewed conversation about the importance of policy spend as companies underinvest in supporting the markets driven by regulatory pressures. In other news, we’re seeing picked up investment activities in energy storage coupled with a hot summer and more heat waves currently hitting the Midwest in a heat dome. Of course, the climate change talking points made the appearance at the RNC debate on Wednesday, not much talk about supporting solar on that stage unfortunately. Have a great weekend and I look forward to seeing you at RE+ in a few weeks.
- New York Times: What if Your Town Doubled as a Residential Power Grid?
- Axios: The GOP debate’s energy moments
- Utility Dive: Democratic lawmakers urge TVA to set 2035 net-zero goal in upcoming IRP
- PV-Magazine: Arizona to vote on 37% slash to solar net metering
- NBC NC: Solar panel manufacturer eyeing Fort Mill facility
- Bloomberg: Engie Strikes $1.6 Billion US Battery Deal With Apollo, EnCap
- Reuters: SolarEdge not to cut inverter prices as panels become cheaper
- Energy Storage News: UK BESS revenues jump 53% in one month, Modo Energy says
- Canary Media: US offshore wind pushes ahead despite industry turmoil
Opinion
Best, Yann