Congrats. To the team at Orka for being acquired by Sunstone Credit. Lending is hard, C&I is harder, combine the two and you have a challenge ahead of you. Glad to see that come together for a team that deserves it and opportunity to keep growing this.
Rate Hikes And Volatility. This headline screams for community solar and solar tariffs for low income homes as a way to lower the price of energy for those spending the largest portion of their income on energy costs and to keep the future volatility away from them. Credit markets are inherently tough to maneuver based on today’s market so regulators and policymakers have to make a concerted effort to want to create a market here.
Who Filed Suit? I have a motion for a new trade rule. If you can’t put together 1% market share, you can’t blame trade on your lack of ability to execute. If you can’t sell your value to 1% of the market, your product isn’t worthy to be propped up. But that wouldn’t serve the real reason of the suit (whatever that may be), would it…
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.
- New York Times: As Utility Bills Rise, Low-Income Americans Struggle for Access to Clean Energy
- Canary Media: The fight over US solar tariffs hasn’t gone away — it’s just hibernating
- PV-Magazine: Commercial solar lender Sunstone Credit acquires Orka Finance
- Reuters: US federal grid spending boosts prospects in high wind, solar regions
- Utility Dive: 9 US power sector trends to watch in 2024
- Bloomberg: CES Highlights the Climate-Centric Future of Consumer Tech
- Axios: Winter whiplash – Why a parade of storms is suddenly slamming the U.S.
- Energy Storage News: LFP price falls ‘make first life batteries more attractive’ than second life ones, firm says
Opinion
Best, Yann