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/
- Canary Media: How many jobs is the Inflation Reduction Act spurring? A lot
- Axios: Ørsted halts New Jersey wind power projects in blow for Biden’s energy plans
- Bloomberg: Sunrun Takes $1.2 Billion Charge in Latest Blow to Solar
- Reuters: SolarEdge forecasts dour Q4 revenue as demand concerns loom; shares plunge
- PV-Tech: SunPower sued for alleged inaccurate accounting
- Utility Dive: Dominion Energy tapped to build $2.5B in transmission under PJM’s $5B proposal
- Renewable Energy World: What solar developers need to know about Commerce’s anti-stockpiling rule
- Energy Storage News: Revised ERCOT state-of-charge rules ‘an improvement’ but still impact availability
- PV-Magazine: U.S. has enough clean energy to power 65 million homes
Opinion
Best, Yann