Cost Of Success, TBD. John Podesta is absolutely correct. Tax credits have a mission to stimulate a certain investment behavior, hence investment tax credit. Without massive regulatory or government investment available to rebuild an aging grid infrastructure and domestic manufacturing complex, investment tax credits move private dollars towards a goal. The tax code in the United States has always been the business strategy handbook, all the way back to the first pay for service fire department. The manufacturing tax credit, solar ITC and hopefully the storage tax credit will beat the CBO estimates and drive more invested capital than originally thought, that would be the measure of absolute success for the Country and ratepayers.
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 Reuters:
Increased green tax-credit costs are a sign of success, White House's Podesta says
2 Axios:
The Supreme Court's next climate fight
3 Bloomberg:
Ex-Gunvor Trader Bets on Batteries to Ease Swedish Power Deficit
4 Utility Dive:
Indiana utilities gain ‘right of first refusal’ to build transmission lines amid MISO buildout
5 Solar Builder:
Classes begin at new Sustainability Hub green job training center in Chicago
6 PV-Tech:
1.1GW worth of solar contracts awarded in NSW renewables tender
7 PV-Magazine:
Oregon utility’s IRP calls for 400 MW energy storage development
Opinions:
8 New York Times:
Jay Inslee Sees Greener Pastures Ahead
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 Bloomberg:
Brookfield Eyes Green Steel for Multibillion New Transition Fund
2 Des Moines Registers:
MidAmerican can move ahead with its proposed $3.9 billion WindPrime request. But will it?
3 Utility Dive:
Southwest Power Pool study could inform Texas efforts to shore up reliability - PUCT commissioner
4 Axios:
Global ocean temperatures spike to record levels as El Niño nears
5 Reuters:
EXPLAINER-Wanted - More skills for workers as green jobs grow
6 PV-Magazine:
LG launches U.S. residential energy storage system
Opinions:
7 Canary Media:
How quickly can trucking decarbonize? California is about to find out
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:
Firm that sells clean energy to consumers gets $100-million boost
2 Reuters:
US House votes to repeal Biden solar tariff waiver
3 Utility Dive:
FERC close to final interconnection rule, interregional transfer proposal
4 Bloomberg:
Solar Developers Seen Safe From 254% Tariff After House Vote
5 Grist:
Electrify everything, California says — including trucks and trains
6 PV-Tech:
RWE sees declined adjusted EBITDA in onshore wind and solar despite improved group business
7 Canary Media:
Battery firms set to thrive under new California rooftop solar regime
8 PV-Magazine:
First Solar Q1 2023 revenue down, with investments in U.S. facilities taking precedent
Opinions:
9 New York Times:
Looking for a Climate Career? They Might Have the Answer.
Have a great day!
Yann
Changing Rules, Change Markets. Whenever rules change, so must markets oftentimes with a valley before heading back to a peak. Resi solar had bright days with low interest rates and stable regulatory rules that were upended by incumbents looking to change the consumer dynamic. Now the industry will regroup, adjust to different capital markets and system designs that ultimately will make the homeowners more likely to benefit for more of their energy bill, but it will take time. Which companies enable installers to be successful will also be up to change, the lease is coming back but so are the technical capabilities of the proposal tool and ultimately the banding together of installers will be reality.
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 Utility Dive:
Rep. Casten, ex-FERC chairs eye DERs, more power sector competition to achieve net zero goals
2 PV-Magazine:
Shoals Technologies and Brookfield Renewable launch EV charging-as-a-service
3 Vox:
How to fix clean energy’s storage problem
4 Solar Power World:
Final AD/CVD decision on Southeast Asian solar cells and panels pushed to August
5 Axios:
Where air pollution is improving — and where it's worsening
6 PV-Tech:
Sunnova aims to double adjusted EBITDA in 2023, posts 146% Q1 revenue increase
7 Energy Storage News:
Clean energy groups slam Republicans’ attempt to repeal Inflation Reduction Act
Have a great day!
Yann
