Tag Archives: Daily Rundown

This is your SolarWakeup for June 27th, 2023

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This is your SolarWakeup for June 26th, 2023

Solar Shifts Grid’s Weak Point. No way around it, it’s hot out there. We can’t see what the grid pressures are in Florida but in Texas the grid has been on the verge of major issues, reaching nearly 80GW of demand for over a week. There have been outages, calls for voluntary demand side management and major price spikes. Billions of dollars will exchange hands and hopefully customers don’t have unfixed rate schedules. Because this is a heat wave related spike, solar has been a mainstay in the daytime production, releasing generation side pressures that the grid operators would see without solar. That means that solar’s shoulder times has been the pressure point for the grid. There’s no doubt that ERCOT, and most other ISOs, need nearly 1x peak demand in resilience with dispatchable assets or generation.

Era Of Factory Growth. Another major factory win, two phases this time, with Vikram solar. The first phase is a solar module factory worthy of $250mm of investments but the second phase brings over $1bb for an ingot/wafer/cell factory. All of this in Colorado!

The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here

Opinion

Best, Yann

This is your SolarWakeup for June 23rd, 2023

Resi Storage Proliferation. Companies are either doubling down or getting into building a home battery. Yesterday it was Lunar and today Panasonic, both making announcements on the topic. This week, batteries in VPP environments in Texas were able to sell energy into the wholesale market for over $5 per kWh, which seems like an anomaly but possible a sign of the energy market ahead.

The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here

Opinion

Best, Yann

This is your SolarWakeup for June 22nd, 2023

The Promise Of Cleaner. And Cheaper. Every new data point shows that solar is increasingly the cheapest option in more geographies. We’ve moved past putting solar in deserts only and now can produce clean energy cheaper than all other forms. The next iteration also makes that clean and cheap energy much more dispatchable using energy storage. I still hold out hope that the financial drivers of existing solar farms will drive the enhancement of the offtake contracts by offering generators the amendment needed to make that solar plant dispatchable. So here’s the message to anyone in a CCA or utility that reads this newsletter, take a PPA off the shelf and call that asset owner and ask what the PPA price increase would be to add storage to that site. Just make the call and realize it’s insanely accessible, right now.

Access Is A Feature. Not a bug, and we’re talking about the lack of access to the grid. Given the above, i.e. cheap renewable energy, the massive queues in the interconnection pipeline do not have aligned interests across the board. We should be comfortable with having much greater capacity reserves and more time focuses renewables.

At The Summit? I’ll be talking around 9am this morning on the future of energy storage and how it is growing both in deployment and manufacturing in the US. Come say hi!

The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here

Opinion

Best, Yann