This is your SolarWakeup for June 24th, 2022
Opinion
News
1 PV-Tech:
World’s solar capacity to top 2TW by 2031, with China accounting for nearly half of all new additions
2 Energy Storage News:
Google’s 24/7 carbon-free energy deal for its California offices ‘could be replicable model’
3 RMI:
Electricity Customers Are Getting Burnt by Soaring Fossil Fuel Prices
4 mLive:
Consumers gets OK to retire coal, boost solar energy
5 Axios:
Oil refiner execs head to White House amid soaring profits, record gas prices
6 Reuters:
Green hydrogen may be energy's future, but it's complicated - Russell
Opinions:
7 PV-Magazine:
Senator Schumer - Prioritize sweeping clean energy legislation
Have a great day!
Yann
This is your SolarWakeup for June 23rd, 2022
Direct Pay Out? Reports from DC are that Joe Manchin is pushing direct pay provisions out of the possible energy bill that would see the ITC extended and a storage ITC implemented amongst other things. This may be an unpopular opinion amongst readers but I believe that a real tax credit creates a better industry, market and long term upside for solar. The reason is that tax equity investors, for the most part, cause assets to be more credibly financed and professionally operated once installed. A direct pay provision would eliminate many of the hurdles and barriers of project finance. Some will say it costs too much, is too complicated, the lawyers take all the money, and I hear you on that; but there is a value to making projects have to stand up to scrutiny and vetting by institutional investors. Either way, a step forward with an extension is a step in the right direction.
News
1 Washington Post:
Democrats may drop another clean energy proposal to appease Manchin
2 Utility Dive:
Energy storage soars despite international and national supply challenges - report
3 Axios:
Oil giants criticized for uneven clean energy investment
4 Bloomberg:
Ex-BOE Governor Mark Carney’s Fund Raises $15 Billion for Energy Transition
5 New York Times:
A Big Step Toward Fusion Energy Is Hailed by a Seattle Start-Up
6 Solar Builder:
N.C. Supreme Court rules against HOAs that prevent home solar installations
7 Energy Storage News:
Australia’s capacity mechanism ‘shouldn’t lock in reliance on aging and polluting generators’
8 PV-Magazine:
RETC releases 2022 Module Index Report
Opinions:
9 Reuters:
Explainer - Could Germany keep its nuclear plants running?
Have a great day!
Yann
This is your SolarWakeup for June 22nd, 2022
Opinion
News
1 Axios:
On first day of summer, heat wave intensifies and heads for the South
2 PV-Magazine:
Consortium commits to spending $6 billion on US-made solar modules
3 Bloomberg:
Payouts Fall on Top US Power Grid in Win For Nukes, Blow to Coal
4 Reuters:
Australian energy market operator to lift market suspension this week
5 PV-Tech:
Mirova acquires SunFunder to accelerate emerging market clean energy
6 Energy Storage News:
Caterpillar VC arm, Volvo Group invest in UK company specialising in stationary storage with second life EV batteries
7 Canary Media:
This innovative cleantech job-training program is changing lives
Opinions:
8 Grist:
Solar is one of the cleanest power sources we’ve got. But it could be even greener.
Have a great day!
Yann
This is your SolarWakeup for June 21st, 2022
Florida Solar and Storage Summit in Tampa on June 23 – 24. The Florida Solar Energy Industries Association is hosting their annual Solar and Storage Summit in Tampa in a couple weeks. Last year drew over 350 solar professionals. This year’s summit has over 15 sessions and 24 exhibitors. Registration ends this week. For more information: www.flaseia.org/summit
News
1 Bloomberg:
Solar Power Floods Europe’s Grids as Heat Wave Lifts Demand
2 New York Times:
A French nuclear crisis frustrates Europe’s push to quit Russian energy.
3 Axios:
Germany to fire up coal plants as Russia cuts gas supply
4 Reuters:
Heatwave puts Europe's energy systems to the test
5 Utility Dive:
California needs to triple historical decarbonization rates to meet 2030 carbon target, report finds
6 PV-Tech:
Alliant Energy set to begin construction on 414MW of solar projects in Wisconsin
7 Energy Storage News:
New York grid operator says wholesale market will drive investment in energy storage
8 Canary Media:
FERC has a new plan to connect clean energy to the grid more quickly
9 PV-Magazine:
Environmental group calls on PG&E to design grid around distributed rooftop solar
Opinions:
10 Solar Power World:
Solar industry prepares for Uyghur Forced Labor Prevention Act implementation
Have a great day!
Yann
This is your SolarWakeup for June 17th, 2022
Florida Solar and Storage Summit in Tampa on June 23 – 24. The Florida Solar Energy Industries Association is hosting their annual Solar and Storage Summit in Tampa in a couple weeks. Last year drew over 350 solar professionals. This year’s summit has over 15 sessions and 24 exhibitors. Registration ends this week. For more information: www.flaseia.org/summit
News
1 Utility Dive:
PJM proposes ‘first-ready, first-served’ interconnection review process, steps to clear backlog
2 Bloomberg:
Solar Power Floods Europe’s Grids as Heat Wave Lifts Demand
3 Axios:
Tesla raises prices again on its electric cars
4 Reuters:
Texas power use to break more records in coming days as heatwave lingers
5 PV-Tech:
Inside the White House meeting with solar manufacturers aiming to formulate PV production strategy
6 Energy Storage News:
US grid-scale storage hit with delays in Q1 2022, but solar tariff waiver will help
7 PV-Magazine:
DOE to support 12 remote and island communities in transition to clean energy
8 Solar Power World:
Solar execs lobby Congress for ITC extension, domestic manufacturing credits
Opinions:
9 Canary Media:
This resurrected startup aims to bring back concentrated solar power
Have a great day!
Yann
This is your SolarWakeup for June 15th, 2022
CommonBond Publishes Innovative Lending Platform. When it comes to selling solar and doing it right, being fast and accurate is key. That is why the CommonBond lending platform is changing the way residential solar installers go to market. Get in touch with the team to learn about their innovative process and see their dealer incentives. Check it out here or click the header image above.
News
1 Reuters:
U.S. and partners enter pact to secure critical minerals like lithium
2 CNN:
Wind and solar power are 'bailing out' Texas amid record heat and energy demand
3 Utility Dive:
‘Not backsliding on clean energy’
4 Bloomberg:
White House Meets With Solar Firms in Bid To Boost Manufacturing
5 PV-Magazine:
Biden halts solar tariffs for two years. What’s next?
6 Axios:
Historic Yellowstone flooding forces 10,000 to flee park
7 New York Times:
Biden Weighs Tariff Rollback to Ease Inflation, Even a Little Bit
8 PV-Tech:
Manufacturers urged to bolster inventories amid ‘extremely fragile’ supply chains
9 Canary Media:
New startup aims to recycle 95% of high-value content from solar panels
Opinions:
10 Energy Storage News:
Biden’s executive action to support solar likely to run in tandem with support for energy storage
Have a great day!
Yann
This is your SolarWakeup for June 14th, 2022
CommonBond Publishes Innovative Lending Platform. When it comes to selling solar and doing it right, being fast and accurate is key. That is why the CommonBond lending platform is changing the way residential solar installers go to market. Get in touch with the team to learn about their innovative process and see their dealer incentives. Check it out here or click the header image above.
News
1 Utility Dive:
Tensions rise as renewable energy CEOs debate next steps after tariff, supply chain challenges
2 Axios:
First look - Climate careers platform raises money, launches app
3 Reuters:
UPDATE 2-U.S. natgas drops 3% as Freeport LNG outage cuts demand
4 Solar Builder:
Automated solar permitting effort aligns with International Building Codes, says ICC
5 Grist:
Summer has transformed into ‘danger season,’ scientists warn
6 Energy Storage News:
New York awards 159MW of co-located BESS in 2.4GW renewable tender
Opinions:
7 PV-Magazine:
Avangrid asserts its place in the US renewable future
Have a great day!
Yann
This is your SolarWakeup for June 13th, 2022
Florida Solar and Storage Summit in Tampa on June 23 – 24. The Florida Solar Energy Industries Association is hosting their annual Solar and Storage Summit in Tampa in a couple weeks. Last year drew over 350 solar professionals. This year’s summit has over 15 sessions and 24 exhibitors. Registration ends this week. For more information: www.flaseia.org/summit
CommonBond Publishes Innovative Lending Platform. When it comes to selling solar and doing it right, being fast and accurate is key. That is why the CommonBond lending platform is changing the way residential solar installers go to market. Get in touch with the team to learn about their innovative process and see their dealer incentives. Check it out here or click the header image above.
News
1 Bloomberg:
It’s Warren Buffett Versus Google, Facebook in Latest Wind-Farm Debate
2 PV-Magazine:
Renewable energy bill threatens to stall solar in Hawaii
3 NPR:
Energy secretary talks U.S. plan to boost solar production
4 Utility Dive:
DOT proposes rules for national EV charging network, including 97% uptime and 150 kW requirements
5 Axios:
Over 100 million face record-breaking U.S. heat wave
6 Energy Storage News:
Guidehouse - VPP-enabled distributed energy storage deployment to reach 3GW by 2030
7 Forbes:
Pausing Solar Tariffs, Tesla’s Stock Split And Quantum Computing For Sustainable Manufacturing
Opinions:
8 GreenBiz:
Five trends shaping the renewable energy sector
Have a great day!
Yann
This is your SolarWakeup for Friday June 10th, 2022
Florida Solar and Storage Summit in Tampa on June 23 – 24. The Florida Solar Energy Industries Association is hosting their annual Solar and Storage Summit in Tampa in a couple weeks. Last year drew over 350 solar professionals. This year’s summit has over 15 sessions and 24 exhibitors. Registration ends this week. For more information: www.flaseia.org/summit
News
1 Reuters:
Texas power use seen breaking records in heatwave through next week
2 CNBC:
How a battery shortage is hampering the U.S. switch to wind, solar power
3 Utility Dive:
DOE closes on $504M loan guarantee for Utah hydrogen storage project with 150 GWh seasonal capacity
4 Axios:
Biden administration floats draft EV charging station standards
5 PV-Tech:
GE to triple solar and battery capacity at new Indian factory
6 Energy Storage News:
Community solar developer Summit Ridge gets financing for 31MWh BESS in New York
7 Canary Media:
OhmConnect raises $55m to enlist more homes to prevent blackouts
Opinions:
8 PV-Magazine:
Democrats optimistic Manchin will cooperate on climate bill
Have a great day!
Yann
This is your SolarWakeup for May 31st, 2022
CommonBond Publishes Innovative Lending Platform. When it comes to selling solar and doing it right, being fast and accurate is key. That is why the CommonBond lending platform is changing the way residential solar installers go to market. Get in touch with the team to learn about their innovative process and see their dealer incentives. Check it out here or click the header image above.
News
1 New York Times:
Hit Hard by High Energy Costs, Hawaii Looks to the Sun
2 Canary Media:
Why are blackouts looming? Blame extreme weather, not wind and solar
3 Politico:
EU leaders agree on Russian oil embargo
4 Vox:
The Texas grid is designed to fail
5 Solar Power World:
REC Silicon’s Moses Lake plant officially plans to reopen at end of 2023
6 Utility Dive:
MISO industrial customers petition FERC to avoid sky-high capacity charges if they cut electricity use
7 Bloomberg:
Sun-Starved Sweden Turns to Solar to Fill Power Void
8 Energy Storage News:
Fully merchant battery storage project in California raises US$78m debt financing
9 PV-Magazine:
Recurrent Energy completes Mississippi’s largest solar installation under a Build Transfer Agreement
Opinions:
10 PV-Tech:
Polysilicon sales loss dents Maxeon’s revenue forecast-beating opening quarter
Have a great day!
Yann