This is your SolarWakeup for November 1st, 2021
Creating Version 2. My friends at OpenSolar have decades of resi solar experience and now, after years of the free proposal tool for installers, are deploying Version 2.0. You can catch the release on November 3rd, I’ll definitely be tuning in.
News
1 Utility Dive:
Biden proposes $550B in 'historic' clean energy, climate spending with Build Back Better framework
2 Politico:
Buttigieg - ‘We’re the closest that we’ve ever been’ to passing infrastructure and spending bills
3 CNN:
G20 agrees on key climate goals around global warming limits and coal financing, but lacks firm commitments
4 Bloomberg:
Biden's Economic Plan Cuts U.S. Emissions By More Than a Gigaton
5 Axios:
Biden's climate leadership is on the line at COP26
6 PV-Magazine:
Arizona regulators axe grid access charge
7 Reuters:
Freezing wind turbines expansion in France would be 'mistake' - Engie CEO
8 PV-Tech:
China submits ‘disappointing’ NDC to the UN that commits to 1.2TW of renewables by 2030
9 Canary Media:
Leaders must set course for net-zero energy at COP26. What tech do we need to get there?
Opinions:
10 New York Times:
Will Glasgow Be the Climate Breakthrough We Need?
Have a great day!
Yann
This is your SolarWakeup for October 29th, 2021
Build Back Better, For Ten Years. The White House released the tax credits in the Build Back Better budget reconciliation. Climate related policies represent $555billion and clean energy tax credits are front and center. A ten year extension of the ITC remains with a plethora of support for the infrastructure improvements that we are all in the middle of creating.
A Storage IPO. Congrats to the team at Fluence for an incredibly successful IPO and first day of trading. It represents the future of the grid transition is with energy storage. Here’s to a rising tide for all in the sector.
Creating Version 2. My friends at OpenSolar have decades of resi solar experience and now, after years of the free proposal tool for installers, are deploying Version 2.0. You can catch the release on November 3rd, I’ll definitely be tuning in.
News
1 Washington Post:
New budget deal marks the biggest climate investment in U.S. history
2 Bloomberg:
Siemens Joint Venture Fluence Energy Climbs After IPO Exceeds Goals
3 New York Times:
Old Power Gear Is Slowing Use of Clean Energy and Electric Cars
4 Axios:
First look - Mike Bloomberg and the next climate summit
5 PV-Tech:
US solar asset underperformance worsened over last decade, prompting P50 estimate concerns
6 RMI:
Financing 1.5°C - In a Booming ESG market, the SEC Has Some Questions
7 Canary Media:
COP26 - Why this climate summit matters and what it can achieve
8 PV-Magazine:
New Jersey makes its community solar program permanent
Opinions:
9 Solar Power World:
More than half of global utility solar projects planned in 2022 threatened by supply chain issues
Have a great day!
Yann
This is your SolarWakeup for October 28th, 2021
Closing A Deal. As COP26 comes up quickly, Joe Biden is looking to close a deal as opposed to THE deal he may have been hoping for. In a game of whackamole, the President is having to negotiate 50 separate deals and can’t afford to lose a single vote, threatening one on the left for every notch he gives to the moderates.
Conservation Of Energy, The Delivery Can Change. The headlines, as oil and gas CEOs come to DC, is that fuel companies are in denial. That may not be false, but sometimes lost in the summary is what is really happening to the market. We all learned about conservation of energy in physics class so let’s translate that concept to the energy transition within transportation and homes. Energy will still be consumed to drive or cook you meal, the method of delivery is changing from fuel to electrons. The power availability will remain the same and possibly the only thing changing is the location of the fuel need, i.e. from a gas stove to a gas power plant. So take a step back and realize that while the fuel mix in generation is changing, it’s a unique change from the bigger transition happening in how that energy is being delivered. That’s the transition that is creating a new grid that is far more dynamic, complex and constantly expanding and contracting.
Getting To Glasgow. Not since Paris has a COP been this hyped up in importance. The outcome be could maintain the global focus on fighting climate change and how to adapt to the evolving market opportunity.
News
1 Politico:
Liberal frustration imperils quick Dem social spending deal
2 Reuters:
Investors on board as U.S. oil majors dismiss wind and solar projects
3 Utility Dive:
AEP to sell Kentucky operations to Liberty for $2.85B and use proceeds for renewables, transmission
4 New York Times:
Ahead of a U.N. climate summit, Democrats push to secure policies Biden can promote.
5 Axios:
Nor'easter slams East Coast with flooding rain and powerful winds
6 PV-Tech:
Enphase reports record revenue as price hikes offset ‘dynamic’ supply
7 Energy Storage News:
California’s ‘biggest hybrid renewable power plant’ under construction, Clearway says
8 PV-Magazine:
Solaria wins a round in its solar shingle patent case against Canadia
Opinions:
9 Canary Media:
Gigawatts of solar could be built in the open land around U.S. interstate highways
Have a great day!
Yann
This is your SolarWakeup for October 27th, 2021
Opinion
News
1 Politico:
White House sets climate spending at up to $555 billion
2 Axios:
GM's plan to end EV charging deserts
3 Canary Media:
Will Hertz’s big Tesla buy make EVs mainstream?
4 Bloomberg:
Solar Group Warns Expansion of Tariffs Could Damage U.S. Industry
5 CNBC:
Enphase Energy surges after record quarter despite supply chain woes
6 Reuters:
Major issues unresolved as Democrats in U.S. Congress seek deal on spending bill
7 PV-Tech:
Delaware judge dismisses direct claims against Elon Musk in SolarCity lawsuit
8 PV-Magazine:
Honeywell, Duke Energy partner on flow battery test project
Opinions:
9 RMI:
Clean Energy Has Won the Economic Race
Have a great day!
Yann
This is your SolarWakeup for October 26th, 2021
Opinion
News
1 New York Times:
Manchin pushes for more climate cuts from the budget bill.
2 Axios:
Hertz to buy 100,000 electric vehicles from Tesla
3 Energy Storage News:
Corporate funding into battery storage has exceeded US$11 billion so far this year
4 Solar Power World:
CALSSA sets goal to collect 100,000 public comments defending net metering in California
5 Politico:
Rich countries break ‘totemic’ $100B annual climate pledge
6 PV-Magazine:
Enphase launches microgrid-forming microinverter line
7 Utility Dive:
How New England could demonstrate what a 'clean energy RTO' looks like
Opinions:
8 Canary Media:
Are financial regulators starting to take climate change seriously?
Have a great day!
Yann
This is your SolarWakeup for October 25th, 2021
A Delaware Meeting To Close The Deal? Senators Manchin and Schumer went to visit Biden in Delaware this weekend to see if the deal can be closed on the budget reconciliation bill. Manchin has been hard on both the price tag and climate heavy nature of the policy sections, i.e. the carbon tax and clean energy standard. Biden, as a lifelong member of the Senate, may have the hand to play to get this done and while not getting everything, advancing many of the administrations key policies. Pelosi said yesterday that she expects to ‘be there’ and have a vote by the end of the week.
What It Means. For the solar industry the most tangible policy is the potential 10 year extension of the ITC as well as getting it back to the 30% level. Some adders could be included for domestic content as well as stand alone energy storage.
SEIA Board Election. SEIA Board of Directors elections are happening now and I’m always excited to point out friends that reach out that I think have done and will continue to do a great job representing the industry at the board level. Particularly, I’d like you to support Karla Loeb from Sigora Solar. Karla has been a leader in the industry for years and she’s running for the DG Committee Chair. Thank you for voting for her!
News
1 New York Times:
Biden Meets With Manchin and Schumer as Democrats Race to Finish Social Policy Bill
2 The Hill:
Pelosi on spending bill - 'I think we are pretty much there now'
3 Energy Storage News:
Ameresco’s 2GWh battery storage for utility SCE to help address California’s power reliability risks
4 PV-Magazine:
Solar employed 231,000 in the U.S. in 2020
5 Solar Power World:
FERC ruling on utility wires charge expected to help standalone energy storage grow
6 Axios:
Fossil fuel executives to testify at "landmark" hearing focused on climate disinformation
7 Reuters:
Top oil exporter Saudi Arabia targets net zero emissions by 2060
Opinions:
8 RMI:
Achieving Clean Energy Legislation in a Moderate State
Have a great day!
Yann
This is your SolarWakeup for October 22nd, 2021
C&I Market Update. Join the Sustainable Capital Finance (SCF) team on Oct 27th, 10am PST, as they break down exciting new programs, incentives, and updates across the US C&I solar market. In this free webinar, the team will provide actionable information on a several solar-friendly states to help developers and EPCs better originate & execute projects. This webinar is recommended for solar developers and EPCs involved or interested in the C&I solar space. To join this exciting webinar, simply click here.
News
1 Utility Dive:
Meeting state offshore wind, renewable goals requires up to $3.2B in transmission, PJM says
2 Politico:
Dem divisions linger in last lap of spending talks
3 Reuters:
Biden climate envoy Kerry to visit Saudi Arabia next week
4 PV-Tech:
JP Morgan fund buys majority stake in Falck Renewables
5 Energy Storage News:
Hawaiian Electric wants all solar in next procurement round to be paired with battery storage
6 PV-Magazine:
FERC denies utilities’ request to leave TVA
Opinions:
7 RMI:
Achieving Clean Energy Legislation in a Moderate State
Have a great day!
Yann
This is your SolarWakeup for October 21st, 2021
C&I Market Update. Join the Sustainable Capital Finance (SCF) team on Oct 27th, 10am PST, as they break down exciting new programs, incentives, and updates across the US C&I solar market. In this free webinar, the team will provide actionable information on a several solar-friendly states to help developers and EPCs better originate & execute projects. This webinar is recommended for solar developers and EPCs involved or interested in the C&I solar space. To join this exciting webinar, simply click here.
News
1 Energy Storage News:
Fluence’s IPO could raise US$750 million, trebling company’s billion-dollar+ valuation
2 PV-Magazine:
SolarEdge launches residential battery and inverter
3 Reuters:
Biden pushes infrastructure in Pennsylvania as Democrats try to seal deal
4 PV-Tech:
Tesla Q3 solar installs reach 83MW, targets improved energy division profitability
5 Utility Dive:
Coal-fired electricity rebounds in 2021, but resurgence could be short-lived
6 Axios:
First look - New climate website touts Biden's actions
7 Solar Power World:
Cypress Creek Renewables is building its largest solar project yet
Opinions:
8 Canary Media:
If key climate policy is jettisoned, can the US still meet its climate targets?
Have a great day!
Yann
This is your SolarWakeup for October 20th, 2021
C&I Market Update. Join the Sustainable Capital Finance (SCF) team on Oct 27th, 10am PST, as they break down exciting new programs, incentives, and updates across the US C&I solar market. In this free webinar, the team will provide actionable information on a several solar-friendly states to help developers and EPCs better originate & execute projects. This webinar is recommended for solar developers and EPCs involved or interested in the C&I solar space. To join this exciting webinar, simply click here.
News
1 PV-Magazine:
$40 million for 40 projects as DOE steps up push to decarbonize
2 The Hill:
Manchin, Sanders to seek deal on Biden agenda
3 New York Times:
Democrats, Scaling Back Budget Bill, Press for Compromise by Week’s End
4 Politico:
Dems scramble for climate Plan C as Manchin dashes their dreams
5 Axios:
Scoop - James and Kathryn Murdoch's next media investment
6 Bloomberg:
Tax Credits Are Best Way for Congress to Back Solar Power, Sunnova Says
7 Reuters:
Britain strikes green investment partnership with Bill Gates
8 PV-Tech:
Antin Infrastructure acquires majority stake in developer Origis Energy
Opinions:
9 Canary Media:
The biggest green hydrogen hub in the US could be coming soon to Mississippi
Have a great day!
Yann
This is your SolarWakeup for October 19th, 2021
C&I Market Update. Join the Sustainable Capital Finance (SCF) team on Oct 27th, 10am PST, as they break down exciting new programs, incentives, and updates across the US C&I solar market. In this free webinar, the team will provide actionable information on a several solar-friendly states to help developers and EPCs better originate & execute projects. This webinar is recommended for solar developers and EPCs involved or interested in the C&I solar space. To join this exciting webinar, simply click here.
News
1 Reuters:
Carbon fee on the table for climate policy -Biden adviser
2 Utility Dive:
By 2030, Portland General sees distributed resources meeting up to 25% of peak demand
3 Axios:
Visualizing oil's economic footprint in Texas
4 Bloomberg:
Solar Investors Shrug Off Clean-Power Plan, Eying Tax Credits
5 PV-Magazine:
Heliogen CSP advances to equipment procurement stage for 5 MW project
6 PV-Tech:
Shell-backed Silicon Ranch acquires carbon offset firm Clearloop
7 The Guardian:
‘We want sun’
8 RMI:
Policy Priorities to Spur the Green Hydrogen Economy
9 Energy Storage News:
Swell Energy, sonnen turn household solar storage into grid assets in
Opinions:
10 Canary Media:
Chart - Solar’s breathtaking price plunge and dizzying generation growth
Have a great day!
Yann
