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.

• Bloomberg: Texas Power Grid Boss Sees Tight Winter Supply as Demand Grows
• New York Times: Exxon Mobil Strikes $60 Billion Deal for Shale Giant
• Axios: World “less likely than ever” to meet Paris Agreement goal – new analysis
• Utility Dive: Bank of America upgrades Xcel Energy to ‘buy’ on strength of Colorado resource plan
• Reuters: Global energy consumption to increase through 2050, outpace efficiency gains, EIA says
• PV-Tech: Maxeon Q3 shipments drop to 622MW, plans to lay off 15% global workforce
• Solar Power World: Suniva plans to restart solar cell manufacturing operations in Georgia
• PV-Magazine: Perch Energy raises $30M to expand community solar

Opinion

• Energy Storage News: ‘Transferability to unlock billions’ as first tax credit transfer deal claimed by Evergrow

Best, Yann

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.

• Blomberg: California Regulators Delay Vote on Solar Incentives for Renters
• Solar Power World: Gov. Gavin Newsom signs slate of clean energy bills into law
• Utility: Rooftop solar system median size up 200%, with storage pairings rising – DOE lab
• Axios: Mideast crisis a new risk for volatile oil prices
• Reuters: Top issues in Detroit Three’s negotiations with UAW
• PV-Tech: European Council adopts increased renewables directive, passes into law this month
• Canary Media: Wind energy powerhouse Iowa seeing a spike in grassroots opposition
• PV-Magazine: Grid-forming inverters will enable a high-renewables grid

Opinion

• New York Times: How One Tiny Island Nation Is Replacing Fossil Fuels With Renewable Power

Best, Yann

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.

• Utility Dive: China is top cyber threat to US utilities, other critical infrastructure: CISA
• New York Times: Vermont Utility Plans to End Outages by Giving Customers Batteries
• Energy Storage News: FlexGen wants to be the ‘Microsoft Windows of energy storage’ for assets globally
• Bloomberg: Denmark to Revitalize Stalling Wind Industry With Local Cash
• Reuters: EUROPE POWER-Spots up on lower German wind supply
• PV-Tech: Grid connections in the UK- the impact on the renewables rollout
• Renewable Energy World: The tax equity rule with ‘dire’ consequences for clean energy
• PV-Magazine: California solar installation complete and ready for sheep grazing

Opinion

• Canary Media: Ohio’s climate progress stymied by political ploys

Best, Yann

I Sit Down With Energy Storage News. Last month, in Las Vegas, I had the pleasure to sit down with Andy Colthorpe of Energy-Storage News. This is the second year in a row that Andy and I have the chance to share notes on the storage market and how it may play out. Of course, I share our FlexGen notes as well. As the storage ecosystem evolves, it’s important for companies to clearly state what we wake up thinking about and for FlexGen it’s all about turning your batteries on and keeping them on with the operating system that’s 15 years in the making. The headline says it all, if you’re building a storage asset, we think it should run on FlexGen’s energy management system.

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.

• Energy Storage News: FlexGen wants to be the ‘Microsoft Windows of energy storage’ for assets globally
• PV-Magazine: U.S. utility-scale solar to more than double installations year-over-year
• Bloomberg: Koch-Backed GameChange Solar Files Confidentially for 2024 IPO
• Canary Media: Chart: The world is approaching a peak in electricity emissions
• Axios: The U.S. doesn’t necessarily need China’s minerals for EV boom, experts say
• Reuters: Analysis – Exxon Mobil’s megadeal to test climate-aware shareholders
• PV-Tech: VPPs are already helping the grid, yet challenges around data still persist
• Renewable Energy World: Inverter manufacturer launches lifecycle servicing program as regulators warn of persistent performance issues

Opinion

• Utility Dive: No more delays or excuses – California must build clean energy now to replace fossil fuels

Best, Yann