Energy Access Capitalism. If your house lost access to the grid, would the price go down? If your house access to the grid was capped at a certain load, usage or time of use, would the value go down? With all real estate, that’s now one of the issues to contend with. If you own a distribution centre, and can’t get the grid access for EV charging, the rent will be lower.

More Domestic Insights. Commerce released more information about the domestic content guidelines but more is coming with experts telling Roth MKM that it could take into 2025 for all of the rules to get finalized.

Some Tariffs With A Side of Solar Panels. Outside of the US you can buy solar panels for under 10 cents per watt. In the US, it’s more than double and will likely be triple. I’m all for domestic manufacturing but given that the local factories are just robots (which are mostly made in China) then what are we really getting in value on the tariffs? One things I’d like to see is actually doing something with the tariff dollars to help the industry instead of just raising the price of domestic modules.

Resi Loan Deal. Carlyle has invested in Sungage financial. Congrats to both parties, that deal made me smile to read.

I’m Hosting A Webinar. Many of you are deep in building a battery portfolio or doing diligence to do so. Controls and the software platform give you the insights to keep the battery on, detect any issues that you may have and analyze how to increase performance. You can catch that webinar and register here.

• Bloomberg: Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios
• Renewable Energy World: Treasury, IRS issue additional guidance on domestic content bonus
• PV-Tech: DOC opens AD/CVD investigation into Southeast Asian solar cells
• Solar Builder: Carlyle Group invests in Sungage Financial, will buy $450 million in resi solar loans
• CNET: Climate Change Is Making Rooftop Solar More Valuable, Research Shows
• Utility Dive: ISO-NE proposes transmission planning changes to boost states’ ability to reach environmental goals
• Solar Power World: Latest NC Clean Energy report finds utilities concerned about load growth
• Canary media: Chart – Global clean energy manufacturing, by the numbers

Opinion

• PV-Magazine: The U.S. multi-pronged approach to onshoring solar manufacturing

Best, Yann

• PV-Magazine: Bifacial solar module tariffs reinstated
• Bloomberg: Texas Power Grid Sees Several Days of Supply Strain
• Utility Dive: 25 GW of new solar to boost summer grid reliability, but extreme heat poses widespread risks – NERC
• Reuters: Japan’s Honda raises electrification investment to $65 bln through FY2030
• PV-Tech: LBNL – residential solar PV installations remain flat since NEM 3.0 in California
• RTO Insider: NY Energy Storage Industry Seeks Faster Path Forward
• Renewable Energy World: The United States surpasses 5 million solar installations
• Energy Storage News: UK system operator reassessing ‘outdated’ Capacity Market de-rating factors for storage
• Canary Media: TVA’s local solar program is about to get its biggest project yet

Opinion

• Yale Climate: ‘Turning point in energy history’ as solar, wind start pushing fossil fuels off the grid

Best, Yann

• Bloomberg: Texas Is Warned of Blackout Risk as Sun Sets This Summer
• Utility Dive: AEP Ohio proposes data center, crypto financial requirements amid 30 GW in service inquiries
• New York Times: Despite Billions in Investments, Biden Trails in Arizona and Georgia
• Axios: DeSantis signs bill wiping climate change references from Florida law
• Reuters: The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
• PV-Tech: Tigo Energy reports ‘more stabilised environment’ and consistent results in Q1 2024
• Solar Power World: AD/CVD Round 2 – Southeast Asian solar panel players will again be investigated for unfair practices
• Energy Storage News: Japan’s ‘increasing need, coupled with policy support’ for battery storage entices US investor Stonepeak

Opinion

• PV-Magazine: U.S. government doubles tariff rates on PV cell imports from China to 50%

Best, Yann

Quick Take. Biden increased 301 tariffs, with right concepts. Delaying storage to 2026 to give the industry room to create a domestic supply chain and removing tariffs on the equipment needed to build solar factories in America.

Little Big Wins. Solar trade advocates fought behind the scenes to shape these wins that have big impacts, thank you.

Taking Names. Tomorrow you can watch the preliminary hearing for the latest trade AD/CVD trade case. I won’t post the agenda with who’s testifying in favor of destroying America’s solar market but you can watch the proceedings or login to the EDIS system and see the agenda. In case you want to take names and prioritize your partners, but that’s up to you.

Heading North. Sending this from the usual 37,000 feet as I spend a few days in two of my favorite cities, DC and Annapolis. Always great to get some summertime Chesapeake sunshine!

Hats Off To AJR. I got to spend last night with my two sons at an AJR concert, the first concert for my youngest. Amazing show and highly recommend to any fellow AJR fans reading this. 

• Axios: Clean tech becomes latest move in U.S.-China chess match
• Associated Press: Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump
• Bloomberg: Biden’s China Tariffs Leave Space For Key Solar Machinery
• Reuters: Meme stock squeezes and new tariffs shake up US solar sector – Maguire
• PV-Tech: Silicon Ranch to build 110MW Tennessee PV project with electricity co-op
• Energy Storage News: Puerto Rico – Regulator approves 360MW plan to accelerate battery storage deployments
• Canary Media: Plug Power lands $1.7B DOE loan guarantee to boost hydrogen production
• PV-Magazine: Two approaches to save net metering in Puerto Rico

Opinion

• Utility Dive: Clean energy groups praise FERC transmission order but want more reform

Best, Yann