This is your SolarWakeup for December 11th, 2023

The Battery Cost Curve. Great news for the energy storage asset owners and the grid which will benefit from the growth of flexibility. These charts remind me of the early days of solar, when we tracked the cost of silicon and solar cells. Today, nobody asks who made the cell in the module. In reality, buying batteries is far more complicated and delicate than solar panels. What you buy, when you buy and how you contract is a dance of quality, price and timing. Then you have to make sure you get what you want and what your partners expect. All that to say, battery cell pricing is going down, DC block pricing is going down slower and the knowledge needed to get the right product specified for your project is the most important thing. (Originally posted on Linkedin)

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