Here We Go. Promises made were promises kept over the weekend as the new administration struck hard at major trade partners with tariffs, promptly reciprocated by Canada and likely have a response from Mexico shortly. China has not yet indicated what the response could be. As someone that runs a business and looks at what is coming our way, we likely are all taking shorter time spans of knowledge, because anything could happen. For solar, it feels like many of the supply chain changes over the past decade have mitigated what the impacts of this would be, for now. I’d love your take on how you’re managing through regulatory changes.
Opinion
News
1 Bloomberg:
The Products Trump’s Tariff Blitz Could Make More Costly, From Avocados to Cars
2 New York Times:
The Products Trump’s Tariff Blitz Could Make More Costly, From Avocados to Cars
3 PV-Magazine:
Battery anode AD/CVD case moves forward, threatening to double U.S. battery costs
4 Axios:
Senate easily confirms Burgum as Interior secretary
5 Reuters:
US Democratic lawmakers question Trump's blockage of clean energy federal grants
6 PV-Tech:
New York Power Authority approves 3GW renewables plan
7 Solar Power World:
Vote Solar and other groups file lawsuit challenging Arizona solar fee
8 Energy Storage News:
Tesla deployed 31GWh of storage in 2024, segment benefited from US$756 million tax credits
Opinions:
10 UTility Dive:
New MISO demand response rules could bar resources from capacity auction
Have a great day!
Yann
Opinion
Best, Yann
News
1 E&E News:
EPA cuts off IRA solar money already under contract
2 Utility Dive:
Trump’s executive orders cause hesitation, confusion for clean energy developers
3 PV-Magazine:
Global clean energy investment surpassed $2 trillion in 2024
4 Bloomberg:
A Shaky Time for Global Climate Diplomacy
5 Axios:
Exclusive — Advisory firm Teneo goes big on energy
6 Reuters:
Macquarie Asset owned Blueleaf to invest $400 mln in Jakson Green's India solar assets
7 PV-Tech:
Growing risk appetite is ‘very rational’ in solar investment, says Santander
8 Renewable Energy World:
Backing Texas grid resilience, investment firm acquires nearly 1 GWh battery energy storage portfolio
9 Energy Storage News:
Departing Washington governor Inslee approves solar-storage project; new bill proposed giving local authorities more say on approvals
Opinions:
10 Canary Media:
Trump wants to end the $7.5B bipartisan EV charger buildout. Can he?
Have a great day!
Yann
Big Storage Goals. SEIA released their goal for energy storage additions based on the market opportunity and grid need, totaling a target of 700GWh by 2030. In an effort that spans over a year with some minor help by yours truly, I commend the SEIA team to continue the mission of expanding the solar market by leveraging an increasing capability set of energy storage. Building storage for resilience, time of use/production arbitrage and as grid assets allows for a smarter grid to serve consumers across the Country. I’ve always said that eventually we will see batteries at every point of interconnect from generation to substations, homes and businesses. We are on that track!
Opinion
News
1 PV-Magazine:
SEIA calls for 700 GWh of U.S. energy storage by 2030
2 NPR:
Re-imagining the energy grid ... through batteries (Two Indicators)
3 Energy Storage News:
Year in Review - ‘Consistent, reliable operation,’ the true measure of BESS value, says FlexGen
4 Bloomberg:
Brookfield Invests $389 Million in Vermont Developer Encore
5 Reuters:
Plan to get electricity to more Africans wins $8 billion in new pledges
6 PV-Tech:
JA Solar UFLPA factory ‘ceased production in 2018’, SSI claims after investigation
7 Renewable Energy World:
White House rescinds memo freezing government spending
Opinions:
8 Axios:
Energy sector surveys the DeepSeek fallout
Have a great day!
Yann
On The Road. Apologies for the smaller than usual commentary but 2025 has the solar industry heading in the right direction and me on the road. With the Deepseek sell-off from a few days ago adding to the directives from the White House there is a plethora of news and hot takes without a clear view of what it means. On the AI front, the reduction of energy use per model was forecasted and expected, probably with a different timeframe but ultimately whatever the data center need is going to be remains at least in the short term. Just think about how long we’ve been saying the term peak oil.
Opinion
News
1 Los Angeles Times:
Boiling Point - Farewell to Ivanpah, the world’s ugliest solar plant
2 Axios:
DeepSeek shakes up the energy-AI equation
3 Utility Dive:
Calpine to sell 3.5 GW in PJM to avoid market power concerns from Constellation merger
4 Bloomberg:
Brookfield Offers to Buy Outstanding Shares in Neoen
5 Reuters:
US grid investments take off as power demand hikes
6 PV-Tech:
NextEra reports 2.2GW of solar additions in 2024 financial results
7 Renewable Energy World:
Trump freezes federal loan and grant programs, injecting further uncertainty into clean energy projects
8 Energy Storage News:
US - IRS modifies BESS domestic content cost proportions, number of suppliers increases
9 PV-Magazine:
U.S. solar power purchase agreement prices rise 3.3% in Q4
Opinions:
10 Canary Media:
The US electric vehicle industry faces a bumpy road ahead
Have a great day!
Yann
