This is your SolarWakeup for December 5th, 2023

Inverters Up To Par. NERC continues to be concerned about solar farms and their inverters’ ability to handle grid issues without tripping off. Losing GW of power generation is troublesome for a grid that would then potentially trip off other generation in a zipper effect like has happened in the past. Ultimately there’s a mismatch around specifications and controls being unimportant to developers compared to the value that they represent to the grid operators and asset owners especially as they are asked to keep up with new generation. Will existing solar assets have to find ways to comply with these revised standards and will new projects follow them, meaning will the capital markets require this of new builds.

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