This is your SolarWakeup for November 13th, 2024
The Talking Points. Yesterday I hosted our (FTC Solar) earnings call. While most of my commentary that you can listen/read to on our investor page were centered around the amazing reception I have gotten from the solar community, I was certainly asked about the policy outlook given the election results. So I want to share with you what I said because I think the unknown is drowning out the things we do know.
News
1 New York Times:
Britain Sets Out to Be a Clean Energy Destination
2 Solar Builder:
Utility rate escalation is trending up according to new study
3 Renewable Energy World:
FERC allows PJM to delay capacity auctions by six months
4 Utility Dive:
PNM plans to join California ISO’s day-ahead market beginning in 2027
5 Bloomberg:
Indian State-Backed Firm's Unit Seeks $12 Billion Valuation in Green-Energy IPO
7 Reuters:
Indonesia to build 75 GW of renewable energy in the next 15 years, COP29 envoy says
8 PV-Tech:
Eastern European solar has ‘untapped potential’, says Trinasolar
9 Energy Storage News:
‘Establish national targets for energy storage,’ IRENA Coalition for Action says
10 Canary Media:
This DOE-backed software is helping to unclog the grid
11 PV-Magazine:
Two Wisconsin solar projects financed through asset purchase agreement
Opinions:
12 Environment America:
Why solar permitting needs to be modernized now
Have a great day!
Yann
This is your SolarWakeup for November 12th, 2024
Opinion
News
1 Utility Dive:
Duke Energy signs agreements for 2 GW of data centers in past month
2 Bloomberg:
Xcel CEO Says Flip the Grid Process and Build Power Lines First
3 Axios:
Wildfires burn across drought-hit U.S. Northeast
4 Reuters:
Vattenfall to invest 5 billion euros in Germany's clean energy market
5 Solar Builder:
ComEd updates capacity maps every month to drive more solar projects
6 PV-Tech:
Europe to install 110GW of solar in 2025 – S&P
7 Energy Storage News:
US utility Georgia Power completes first build-own-operate battery storage project
8 PV-Magazine:
SolarEdge posts $1.21 billion net loss in Q3
Opinions:
9 New York Times:
Trump’s Return Hangs Over U.N. Climate Negotiations
Have a great day!
Yann
This is your SolarWakeup for November 11th, 2024
Opinion
News
1 PV-Tech:
Sunrun grows installed solar and storage capacity by double-digits in Q3
2 Reuters:
Enphase Energy to lay off 17% of workforce, take up to $20 mln in charges
3 Energy storage News:
Grid-scale energy storage growth deemed ‘essential’ to Australia’s NEM by regulator
4 Wall Street Journal:
Tycoon Drives India’s Push Against China’s Solar-Energy Dominance
5 Utility Dive:
Transmission is ‘best low-risk, high-growth’ way to play the AI-energy boom, says Sempra CEO
6 Bloomberg:
How Three COP29 Attendees Got to Baku Without a Long-Haul Flight
7 Renewable Energy World:
Inside the plan for a 1 GW virtual power plant in Texas
8 PV-Magazine:
Higher inventories weaken demand across global solar module markets
9 Solar Power World:
Zeo Energy completes acquisition of residential solar company Lumio
Opinions:
10 New York Times:
Musk Believes in Global Warming. Trump Doesn’t. Will That Change?
Have a great day!
Yann
This is your SolarWakeup for November 8th, 2024
Opinion
News
1 Axios:
Global temperatures likely to exceed key limit for first time
2 New York Times:
Trump Whiplash Looms Over Global Climate Talks
3 Reuters:
Chile losing global green hydrogen head-start, companies say
4 Slate:
The Renewable Energy Revolution Is Unstoppable
5 Energy Storage News:
Freyr buys Trina’s US solar facilities as Trump election raises threat of further China sanctions
6 Canary Media:
Republicans sweep key utility regulator races in Arizona and Louisiana
7 PV-Magazine:
Pennsylvania queued solar projects would increase total capacity 18x
Opinions:
8 Bloomberg:
Trump Win Unlikely to Thwart Rooftop Solar, Sunrun CEO Says
Have a great day!
Yann
This is your SolarWakeup for November 7th, 2024
Opinion
News
1 BBC:
'Sin City could be called Solar City'
2 Utility Dive:
Trump win is ‘setback’ for climate protection, but clean energy advocates say progress will continue
3 Bloomberg:
Trump’s Win Is Neither an Oil Gusher Nor a Green Crusher
4 New york Times:
U.S. Election Sends Alarming Message for Global Climate Efforts
5 Reuters:
Trump return likely to slow, not stop, US clean-energy boom
6 PV-Tech:
FTC Solar, Dunlieh Energy sign 1GW PV tracker supply
7 Renewable Energy World:
Washington voters uphold landmark climate law against challenge from conservatives
8 Energy Storage News:
Saudi Arabia begins qualification for 8GWh battery storage tender
9 PV-Magazine:
Freyr to acquire Trina Solar U.S. manufacturing assets
Opinions:
10 Canary Media:
How Trump’s second term could derail the clean energy transition
Have a great day!
Yann
This is your SolarWakeup for November 6th, 2024
Opinion
News
1 Utility Dive:
US should add 35 GW of interregional power transfer capacity to boost energy adequacy - NERC
2 Axios:
Why GM sees U.S. supply chain as key to EV leadership
3 Reuters:
Britain faces huge challenge to meet 2030 clean power goal, grid operator says
4 Wall Street Journal:
Why China’s Solar Boom Is a Bust for Its Leading Players
5 PV-Tech:
Canadian Premium Sand to build 4GW US solar glass facility
6 Renewable Energy World:
COP29 Summit in Baku - What to Expect
7 Energy Storage News:
Unlocking the potential of green hydrogen - A key to America’s clean energy future
8 Canary Media:
Moment Energy plans to mass-produce grid storage from used EV batteries
Opinions:
9 PV-Magazine:
Expanding U.S. solar manufacturing leadership
Have a great day!
Yann
This is your SolarWakeup for November 5th, 2024
Opinion
News
1 Utility Dive:
AEP, others press for FERC guidance on ‘gargantuan’ issue of data center colocation
2 Axios:
Energy regulators scrutinizing data center use reject Amazon bid
3 Reuters:
Britain faces huge challenge to meet 2030 clean power goal, grid operator says
4 Solar Builder:
Solar panel recycling facility planned for Georgia
5 PV-Magazine:
Sunrun CEO
6 PV-Tech:
Investment and PPA deal for Lightsource bp Texas PV projects
7 Renewable Energy World:
Duke Energy gets approved to deploy thousands of MW of new generation in NC
8 Canary Media:
New York City tests a solar-powered electric-school-bus microgrid
Opinions:
9 Invenergy:
If we want to decarbonize the grid and reclaim American leadership, we have some choices to make
Have a great day!
Yann
This is your SolarWakeup for November 4th, 2024
Opinion
News
1 Utility Dive:
Xcel Energy unveils $45B capital plan as data center pipeline nears 9 GW
2 Axios:
Why Trump or Harris winning won't upend U.S. oil production
3 Bloomberg:
Tesla Sells $499 Million of Debt Backed by Solar Equipment Loans
4 Reuters:
China hopes US will continue climate change collaboration whoever wins election, official says
5 PV-Tech:
Why data centres run on VPPs could unlock new residential PV + storage markets
6 Solar Power World:
ITC swiftly overrules Commerce’s aluminum extrusion import duties
7 Energy Storage News:
Big Arizona solar and storage deals between Recurrent and APS, Avantus and D. E. Shaw
8 PV-Magazine:
First Solar warns global solar manufacturers of patent infringement
Opinions:
9 Canary Media:
Five smart policies can turbocharge clean US manufacturing
Have a great day!
Yann
This is your SolarWakeup for October 31st, 2024
Opinion
News
1 New York Times:
Clean Energy Is Booming in the U.S. The Election Could Change That.
2 Utility Dive:
SPP OKs $7.7B transmission plan targeting ‘generational challenges’ with power supply and demand
3 Bloomberg:
Silicon Valley Elites Are Funding Controversial Experiments to Block the Sun
4 PV-Tech:
First Citizens Bank enters renewables tax equity space
5 Renewable Energy World:
First Solar sees itself as a big winner of the ITC expansion
6 Solar Power World:
Unique AD/CVD case brings extra taxes to imported solar racking
7 Canary Media:
Hundreds of New Yorkers got free batteries to help clean up the grid
8 PV-Magazine:
Solar module manufacturing capacity could exceed 1.5 TW by 2035, says IEA
9 Politico:
Musk’s Tesla backs California electric-car rules opposed by Trump
Opinions:
10 Energy Storage News:
US presidential election ’24 and energy storage - ‘Result will not change clean energy megatrend
Have a great day!
Yann
This is your SolarWakeup for October 30th, 2024
How US Reclaims Manufacturing Leadership. There’s definitely some hyperbole in the media covering China’s role in US solar manufacturing. The reality is that the U.S. ceded leadership on solar manufacturing to China decades ago. China headlines may generate clicks, but at the end of the day, there’s times when we need to partner with and leverage China’s manufacturing expertise to re-shore elements of the solar value chain. Companies like Invenergy hired more than 1,500 Americans to produce 5GW of solar modules through their majority stake in Illuminate, using Longi solar technology.
News
1 Bloomberg:
How American Tax Breaks Brought a Chinese Solar Energy Giant to Ohio
2 Utility Dive:
How will the presidential and Senate election outcomes affect FERC and its policies?
3 Reuters:
First Solar says several large rivals are infringing on patents
4 PV-Tech:
‘Entire Fortune 500’ looking at clean energy tax credits
5 Solar Power World:
Corning will make solar wafers in Michigan
6 Energy Storage News:
FERC approves CAISO interconnection queue reforms despite protests from developers
7 Canary Media:
‘Green bank’ launches $250M effort to electrify California’s port trucks
Opinions:
8 PV-Magazine:
Future-proofing battery energy storage investment
Have a great day!
Yann
