Solar And Storage Finance. If you’re in New York for the conference, let me know, I will be here for the event as well.
Getting IEs Up To Speed. Technical views on the entire tech stack of your solar and storage projects. Much is made of asset performance especially now that decade plus of historicals are in the books. For solar it’s all about the technical performance based on the measured sunlight at the site. With batteries the upside is much greater given that power markets can move with volatility while having to match the market opportunity with the asset’s availability. As the asset classes come together, independent engineers will learn more about the parts and pieces that make good projects good.
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.
- Canary Media: BP buys $100M of Tesla chargers as oil majors prep for a post-gas future
- Utility Dive: Duke, others leverage new IRA rules to finance clean energy, but cost, complexity are hurdles
- Bloomberg: UK Fast Tracks 10 Gigawatts of Batteries to Ease Grid Logjam
- New York Times: Biden Administration, After Setbacks, Talks Up Renewable Power Gains
- Axios: Report – Corporate net zero targets jump, but only 4% meet UN climate goals
- Reuters: New England grid seeks to postpone 2025 power auction to reassess capacity
- Renewable Energy World: Here are the highlights from MISO’s interconnection reform plan
- PV-Magazine: NREL anticipates rising utility-scale costs, decreasing residential costs
Opinion
Best, Yann