Solar Is Booming. Solar is set to be the leading source by 2050 according to estimates and more solar is getting built this year than any year before.
And It Can’t Happen Bigger Or Faster. The planet needs solar and renewables to help electrify and decarbonize as much as possible, with big tipping points in climate change ahead. The economic upside of the energy transition is also not a bad side effect of dealing with this head on.
But Resi Is Having A Reset. Europe demand in residential is struggling and interest rates is putting massive pressures on the market and the requisite stocks that highlight the market performance. Residential solar isn’t going anywhere but it means folks will have to focus on what they’re best at in order to succeed. Partner with folks, pick those that you want to work with and realize that you can create win-win situations in semi-competitive environments.
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.
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Yann
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/
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Yann
Modeling Demand Increase. This won’t be the last time you hear about a utility talking about modeling charging demand from a segment. Modeling and economic growth is also impacting data centers and industrial use but ultimately the ability to electrify transportation is a problem for the grid.
Election Season. SEIA Board elections are ongoing so if you are a member please take a look at the options. I’d like to highlight two people that have done a great job for the industry for many years including Karla Loeb and Mike Healy, both receiving my vote this year.
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.
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Have a great day!
Yann
Coastal Congestion. I’m not talking about the traffic in my neighborhood when New Yorkers and Canadians come to Florida, we’re talking about the grid. Generally, grids send a signal based on congestion pricing to entice more ancillary services to deliver in that node. The interesting aspect of this is that most of the offshore wind has interconnection points at the coastal region nearest the power plants. So if you imagine the wires connecting the turbines together, adding the power together and then running a wire from there to the grid where it needs to deliver energy. That interconnection points needs to be a stable foundation so it not only eliminates stress on the grid but also is able to accept the massive power coming from the offshore wind farms. That’s what the Orsted exec in the top article is trying to point out, the grid needs to be able to manage the influx at those interconnection points.
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.
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Opinions:
Have a great day!
Yann