Tag Archives: Daily Rundown

This is your SolarWakeup for October 19th, 2023

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

Opinion

Best, Yann

This is your SolarWakeup for October 17th, 2023

Modeling Demand Increase. This won’t be the last time you hear about a utility talking about modeling charging demand from a segment. Modeling and economic growth is also impacting data centers and industrial use but ultimately the ability to electrify transportation is a problem for the grid. 

Election Season. SEIA Board elections are ongoing so if you are a member please take a look at the options. I’d like to highlight two people that have done a great job for the industry for many years including Karla Loeb and Mike Healy, both receiving my vote this year.

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

Opinion

Best, Yann

This is your SolarWakeup for October 16th, 2023

Coastal Congestion. I’m not talking about the traffic in my neighborhood when New Yorkers and Canadians come to Florida, we’re talking about the grid. Generally, grids send a signal based on congestion pricing to entice more ancillary services to deliver in that node. The interesting aspect of this is that most of the offshore wind has interconnection points at the coastal region nearest the power plants. So if you imagine the wires connecting the turbines together, adding the power together and then running a wire from there to the grid where it needs to deliver energy. That interconnection points needs to be a stable foundation so it not only eliminates stress on the grid but also is able to accept the massive power coming from the offshore wind farms. That’s what the Orsted exec in the top article is trying to point out, the grid needs to be able to manage the influx at those interconnection points.

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

Opinion

 

Best, Yann

This is your SolarWakeup for October 13th, 2023

Perfect Is The Enemy. The most frustrating thing about solar is even with all of the successes, the opposition continues to be fierce from tiny concentration. Today’s announcement about working with environmental groups is why I’m so proud to serve on the board of SEIA. For the sake of the planet, resilience of the grid and maintaining lower costs for consumers, we need to build all of the solar we can, everywhere we can. Every house, building and position in the interconnection queue should be solarized. This will not only solve our grid problems, it will enable a massive decarbonization but also deploy trillions of dollars and create endless jobs. Instead, the solar industry is talking about permit issues and being stuck in interconnection backlogs. When I got into solar, a 190W panel cost $4.00/watt and every politician told me the subsidies would never go away, so we’ve done the hard part, let’s do more that let’s the industry get back to work.

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

Opinion

 

Best, Yann