This is your SolarWakeup for May 31st, 2023
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
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
This is your SolarWakeup for May 30th, 2023
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
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
This is your SolarWakeup for May 26th, 2023
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
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
This is your SolarWakeup for May 25th, 2023
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
News
1 Politico:
House fails to override Biden veto of solar tariff resolution
2 Canary Media:
Rural electricity is getting its biggest boost since FDR — here’s how
3 Utility Dive:
US electrical steel shortage threatens energy transition, recovery from power outages, groups warn Biden
4 Bloomberg:
Biden Taps Energy Department to Find Climate-Friendly Alternatives for Jet, Shipping Fuels
5 Reuters:
Record solar power generated in New York state -grid operator
6 PV-Tech:
SNEC 2023 LIVE
7 Energy Storage News:
‘New era’ begins for Minnesota solar and storage market as US$80 million incentives package passed
8 PV-Magazine:
Toyota to procure 100 MW of solar from reclaimed Kentucky coal mine site
Opinions:
9 Axios:
Making sense of the rift over COP28
Have a great day!
Yann
This is your SolarWakeup for May 24th, 2023
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
News
1 Reuters:
Speeding up US power grid connection 'top priority', FERC chairman says
2 Bloomberg:
China’s Record-Breaking Push to Dominate Solar Tech Will Spur Clean Energy Across The World
3 PV-Tech:
CAISO approves transmission plan to support 17GW of solar over next decade
4 New York Times:
Australia Tries to Break Its Dependence on China for Lithium Mining
5 Axios:
José Andrés unveils U.S. food and climate institute
6 Albuquerque Journal:
Thousands of New Mexicans one step closer to having access to community solar installations
7 Canary Media:
Solar developers face uncertainty amid local pushback in Ohio
8 PV-Magazine:
PVEL releases ninth edition of PV Module Reliability Scorecard
Opinions:
9 Utility Dive:
California’s ‘zonal’ approach could revamp clean energy planning, shrink interconnection queue - experts
Have a great day!
Yann
This is your SolarWakeup for May 23rd, 2023
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
News
1 Axios:
Unpacking the Group of Seven's climate outcome
2 Bloomberg:
European Gas Prices Drop as Goldman Sees Fuel-Switching Floor
3 Washington Post:
Oklahoma lures Enel solar panel manufacturing facility with $180M incentive package
4 Reuters:
German energy regulator to study power grid returns
5 Solar Builder:
Ohm Analytics
6 PV-Tech:
Aggreko to finance 500MW US farming community solar portfolio
7 Energy Storage News:
Northvolt completes construction of Poland ESS factory
8 PV-Magazine:
CAISO transmission plan to support 17 GW of solar within a decade
Opinions:
9 Utility Dive:
As Texas eyes new gas power plants, ‘probably the most important bill for grid reliability is effectively dead’
Have a great day!
Yann
This is your SolarWakeup for May 22nd, 2023
CleanPower 2023. I’ll be heading to New Orleans this week for CleanPower 2023. If you’re there, come find me in the FlexGen booth or reach out.
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
News
1 PV-Magazine:
Residential solar developer Suntuity to go public
2 Utility Dive:
FERC summer reliability assessment finds bright spots - low gas prices, reduced drought, more generation
3 Bloomberg:
California’s Newsom Says State Needs Infrastructure Boom Bigger Than Any in Decades
4 Axios:
Exclusive - The new fault lines on energy permitting
5 Reuters:
California grid operator signs off on $7.3 billion of power lines
6 PV-Tech:
SunPower appoints ex-AEMO executive to board of directors
7 Energy Storage News:
Canadian Solar kicks off ‘transition year’ with 18MWh of storage shipments in Q1
8 Canary Media:
Crunching data to keep EVs from overloading California’s grid
Opinions:
9 New York Times:
The U.S. Needs Minerals for Electric Cars. Everyone Else Wants Them Too.
Have a great day!
Yann
This is your SolarWakeup for May 19th, 2023
Physics Versus Markets. Everywhere you look, the need for power market reforms is obvious. Transportation is electrifying, but are we speeding up the permitting for new charging stations? Trucking is going electric, but how will distribution centers get utility service to charge 100 trucks simultaneously? Grid operators are sounding the alarm about capacity reserves, yet auctions aren’t clearing rates to build new assets and even if they did, would projects get interconnections in time? Offshore windfarms will join congested grid connections without adequate flexibility at those POIs. My point is that we know that the grid needs more intelligent flexibility but market or pricing signals are not coming fast enough to deploy the trillions of dollars necessary. This is not a unique problem to the US, grids are not keeping up with the needs of tomorrow’s economy.
News
1 Reuters:
National Grid CEO calls for urgent policy reforms to speed energy transition
2 NPR:
China dominates the solar power industry. The EU wants to change that
3 Utility Dive:
As Sen. Carper releases permitting reform proposal, White House vows to update NEPA rules
4 Bloomberg:
Shell Demands Profit From Green Energy, Not Just CO2 Cuts
5 Axios:
Corporate heavyweights unveil major carbon removal deal
6 Solar Power World:
NC net-metering changes pushed from July to October
7 Canary Media:
How robots could dramatically speed up solar farm construction
8 PV-Magazine:
Hot topics at RE+ Southeast renewable energy conference
Opinions:
9 Los Angeles Times:
Would you want a big wind or solar farm in your community? We took a survey
Have a great day!
Yann
This is your SolarWakeup for May 18th, 2023
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
News
1 Reuters:
US power grids vulnerable to extreme heat conditions this summer, NERC says
2 Axios:
Team Biden doles out carbon storage funding
3 Bloomberg:
Europe’s Emissions Fall Below Lockdown Levels During Energy Crisis
4 Utility Dive:
Elliott Management urges leadership, operational changes at NRG after ‘meaningful underperformance’
5 Energy Storage News:
Ontario awards 739MW of battery storage contracts in Canada’s biggest procurement to date
6 Canary Media:
Biden’s got a plan for ramping up energy transmission
Opinions:
7 PV-Magazine:
Puerto Rico cannot afford to repay any of utility PREPA’s debt, says analyst
Have a great day!
Yann
This is your SolarWakeup for May 17th, 2023
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
News
1 New York Times:
Biden Vetoes Legislation That Would Reinstate Tariffs on Some Solar Panels
2 The Hill:
Manchin, Wyden, Kaptur blast Biden guidance on solar panels
3 Reuters:
Biden administration announces $11 bln for rural clean energy projects
4 Utility Dive:
FERC’s Christie pushes review of power markets, deregulation ahead of agency’s PJM, ISO-NE scrutiny
5 Bloomberg:
California Sees Less Risk of Summer Blackouts With Power Surplus
6 Axios:
Latin American leaders shift strategy on massive lithium reserves
7 PV-Tech:
Spruce Power’s adjusted EBITDA up 33% in Q1 2023
8 PV-Magazine:
Utility-scale solar interconnection costs up as much as 400%
Opinions:
9 Canary Media:
Green steel could help rebuild America’s Rust Belt
Have a great day!
Yann
