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.
- Solar Power World: California is losing solar jobs at record pace
- CBS: Texas Public Utilities Commissioners urge ERCOT to facilitate adding storage batteries to Texas grid
- New York Times: A Climate Summit Begins With Fossil Fuels, and Frustration, Going Strong
- Renewable Energy World: bp to take full ownership of Lightsource bp
- Utility Dive: Utility regulators urge PJM to move away from ‘reactive’ planning for grid reliability
- Axios: Climate aid fund established on first day of COP28 after 30-year controversy
- PV-Magazine: SB Energy secures $2.4 billion for incentive-rich utility-scale solar projects
- PV-Tech: ‘Solar can deliver’ will be mantra at COP28 says new Global Solar Council CEO
- Canary Media: AI-powered permitting is speeding up solar deployments in California
Opinion
Best, Yann