This is your SolarWakeup for October 5th, 2023

Learn The Term, IBRs. That’s inverter based resources and NERC has it’s displeasure with how well they handle grid imperfections. I mentioned this would come to the headline a few months ago and now there’s some coverage. So now expect more specification, requirements of the inverters for the solar and battery projects that you’re building, investing in and owning. It also means, as the story explains, that projects need to be commissioned more carefully and operated with real-time capabilities so that a single asset doesn’t take down an entire grid.

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

Opinion

Best, Yann