DC Work Remains. Next week I’ll be in Washington DC at the Secure Renewables conference. Solar used to be the niche, I recall a legislative effort to get solar to 2% of the portfolio. It’s more than just niche now that hundreds of billions flow into the sector annually. With the addition of energy storage, the role that our generation plays with our grid security is enhanced and widely underreported. How to control, manage and monitor these assets has to be given due regard and I look forward to hearing from the experts next week while in town. You can find more about the conference here.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Bloomberg:
Texas Falls Short of Its Big Grid Overhaul After Deadly Winter Storm
2 Axios:
Canada wildfire smoke triggers air quality alerts in Northeastern U.S.
3 Reuters:
Texas battery rush
4 Energy Storage News:
Energy storage central to Newsom’s updated Clean Energy Transition Plan for California
5 Canary Media:
Clean energy dodges a bullet in the Texas legislature
6 PV-Magazine:
Global battery market forecast to grow 186% by 2025
Opinions:
7 Utility Dive:
Full industrial electrification could more than double US power demand. Here’s how renewables can meet it.
Have a great day!
Yann
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Axios:
Why the debt bill's energy provisions are a BFD
2 Reuters:
Exclusive - India considers cutting solar panel import tax to make up domestic shortfall
3 PV-Magazine:
Global investment in clean energy nearly doubles that of fossil fuels
4 Utility Dive:
California energy players fear isolation, reliability impacts as SPP eyes Western market expansion
5 Bloomberg:
Solar and EV Booms Push China Toward Energy Tipping Point
6 Canary Media:
A backed-up grid threatens clean energy growth from Virginia to Illinois
7 Houston Chronicle:
Texas lawmakers reauthorize the state’s utility regulator after last-minute hurdle
Opinions:
8 New York Times:
The New Climate Law Is Working. Clean Energy Investments Are Soaring.
Have a great day!
Yann
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 PV-Magazine:
Solar module prices at two-year low, deployment to reach 300 GW this year
2 Solar Power World:
California Senate Budget Committee proposes $400 million investment in community solar + storage
3 Bloomberg:
Germany’s Solar Power Generation Hit Record High at Weekend
4 New York Times:
Ukraine Sees New Virtue in Wind Power
5 Axios:
California may ban fossil fuel investments by pension giants
6 Reuters:
Aussie billionaires’ solar spat enters new phase
7 Solar Builder:
Enphase IQ Battery 5P is its most powerful yet
8 PV-Tech:
Solar accounted for 16% of California’s electricity sales in 2021
9 Energy Storage News:
Arizona utility APS signs 20-year tolling agreement with Strata for 1GWh BESS
Opinions:
10 Utility Dive:
Biden’s new EV mandate needs private sector participation to succeed
Have a great day!
Yann
Back From NOLA. Congrats to the team from ACP for a successful CleanPower event. 3 days in New Orleans definitely prepare the industry for the week we have to spend in Las Vegas later this year for RE+! The trend was obvious for 2023 and 2024 beyond the IRA, it’s all about asset performance and optimization. Getting projects to work as expected or better is where the focus is, nobody is interested in someone coming in and trying to cut corners to get deals done. Big thanks to the friends that I got to spend time with over the past few days, those that are learning about storage with me and particularly those that are trying to learn about storage software from me, I appreciate your patience!
A Crazy Thought. I’ll put a crazy prediction out there, adding storage to existing solar farms is going to be big new trend in development and offtakers should work with their PPA generators to add that addendum to the contract.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Wall Street Journal:
Investments in Solar Power Eclipse Oil for First Time
2 Utility Dive:
No ‘silver bullet’
3 Bloomberg:
California Can Hit Its Clean Power Goals, Governor Newsom Says
4 Axios:
"Clean" energy spending is outpacing fossil fuels
5 Reuters:
Power transmission deal being mulled in US debt limit talks -sources
6 Energy Storage News:
UK developer Pulse Clean Energy secures US$215 million for BESS pipeline
7 Canary Media:
3 ways Minnesota is crushing it on climate action
Opinions:
8 PV-Magazine:
U.S. Government eyes $9 billion liftoff for long duration energy storage by 2030
Have a great day!
Yann
