• SF Gate: California can’t use all its solar power. That’s a huge problem.
• PV-Tech: US Commerce sets initial antidumping duties for Southeast Asian solar cells
• Deseret News: Utility scale solar grew rapidly in 2024; more to come
• Bloomberg: Australian Grid Wants Ability to Tame a World-Beating Solar Boom
• Utility Dive: With Maryland’s electric grid ‘battered and getting worse,’ state offers $15M to boost resilience
• Axios: Why Trump’s expected tax credit move could fragment EV market
• Reuters: Duke pauses assessment of US energy loan program ahead of Trump administration
• Renewable Energy World: Xcel Energy says data center growth won’t get in the way of 2040 clean energy target in Minnesota
• PV-Magazine: The launch of a new renewable energy investment bank

Opinion

• Canary Media: What climate law tax credits will be in — and out — under Trump 2.0

Best, Yann

• Wall Street Journal: Trump Vowed to Kill Biden’s Climate Law. Republicans Say Not So Fast.
• Bloomberg: JPMorgan Rejects Transition-Finance Trend Gripping Wall Street
• Reuters: US sets tariffs for solar panels from Southeast Asian nations
• Utility Dive: Utility-scale US solar installations to surpass 32 GW for record high in 2024: ACP
• Axios: How Trump’s new money team will change energy
• PV-Tech: More PPA deals in Europe, smaller sizes, says Pexapark
• Renewable Energy World: U.S. solar generation continues to make huge gains in 2024
• Energy Storage News: US legislators propose rewrite of 45X manufacturing tax credit to block ‘adversarial foreign government’-linked companies
• PV-Magazine: SolarEdge announces closure of its energy storage division

Opinion

• Canary Media: Chart: Repealing the Inflation Reduction Act would harm US businesses

Best, Yann

The Module Evolution. I have never been a module expert but have recently gone down a bit of a rabbit hole to understand what it takes to get our supply chain built up but also ensure its longevity. Seems like there’s some noise around the Topcon technologies and possible patent cases while there’s certainly some buzz around the heterojunction (HJT) technology. One of my colleagues chairs one of those factories and it’s quite impressive how this is coming along and how much further solar tech could go. My first SolarWorld ~200W quote was for $4/watt back in the day, wouldn’t have thought we’d be here today. What do I need to learn about modules?

• PV-Tech: Fraunhofer ISE study uncovers ‘critical degradation’ in TOPCon modules
• New York Times: The Clean Energy Boom in Republican Districts
• Reuters: Global climate funds set for first annual outflows, Morningstar says
• Bloomberg: Meet the World’s Most Controversial Climate Capitalist
• PV-Magazine: Enphase introduces portable off-grid battery
• Solar Power World: Public Power NY pushes leaders for 15 GW of new renewable energy
• Energy Storage News: Larger, 1MW/100MWh ‘Sand Battery’ set for commissioning in 2025
• Canary Media: The biggest grid storage project using old batteries is online in Texas
• Utility Dive: What do Trump’s picks to head Energy and Interior signal for renewables?

Opinion

• Renewable Energy World: Interconnection is a $100 billion problem

Best, Yann

The Matchmaking, Part 2. Impressive how many folks reached out yesterday and it feels like there are more mega projects looking for capital than I’ve seen in a long time. I’m curious as to what it takes to connect folks given that so many of you in the IPP world are always complaining that there aren’t enough projects and delays on delays. We’ll do our best to move some relationships forward and align. If you’re a buyer of projects, reach out.

• Utility Dive: IRS finalizes direct pay rules, increasing access to IRA’s clean energy tax credits
• Renewable Energy World: Meta, Amazon, and Google lead the way in corporate clean energy procurement
• Axios: UN climate summit starts week two with uphill battle
• Reuters: Europe’s economic woes may worsen as key power prices rise
• Economist: Casey Handmer says solar power is changing the economics of energy
• PV-Tech: China to decrease export tax rebate rate for some PV products to 9%
• Energy Storage News: Increased emphasis on domestic content since US election, but storage still lags behind solar
• Canary Media: Voters in Ann Arbor, Michigan, create a local clean energy utility
• PV-Magazine: United States on track to install 0.7 GW of floating solar by 2033 

Opinion

• Bloomberg: Biden Climate Czar – Abandoning Green Transition Is ‘Economic Malpractice’

Best, Yann