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.
- Bloomberg: BNEF Solar Sector Outlook
- Utility Dive: PJM triples annual load growth forecast to 2.4% driven by data centers, electrification
- New York Times: See How 2023 Shattered Records to Become the Hottest Year
- Axios: Deadly winter storm causes power outages, disrupts travel across U.S.
- Reuter: US battery storage capacity to nearly double in 2024 – EIA
- Renewable Energy World: IRS launches free IRA and CHIPS pre-filing registration tool
- Energy Storage News: New York Power Authority issues RFI for renewables and battery storage
- Canary Media: A small Texas town is home to the state’s first all-EV school bus fleet
Opinion
Best, Yann