This is your SolarWakeup for October 13th, 2023

Perfect Is The Enemy. The most frustrating thing about solar is even with all of the successes, the opposition continues to be fierce from tiny concentration. Today’s announcement about working with environmental groups is why I’m so proud to serve on the board of SEIA. For the sake of the planet, resilience of the grid and maintaining lower costs for consumers, we need to build all of the solar we can, everywhere we can. Every house, building and position in the interconnection queue should be solarized. This will not only solve our grid problems, it will enable a massive decarbonization but also deploy trillions of dollars and create endless jobs. Instead, the solar industry is talking about permit issues and being stuck in interconnection backlogs. When I got into solar, a 190W panel cost $4.00/watt and every politician told me the subsidies would never go away, so we’ve done the hard part, let’s do more that let’s the industry get back to work.

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