Solar is clearly a project business that is not ideally suited for quarterly results, especially in the infancy of a company. We are still too young of an industry to have sufficient free cash flow from projects to pay for the platform to get new projects. That is where REITs sit today, with billions of assets yielding cash flow to fund day to day operations. Also, solar projects shift timeframes and it often makes sense to push projects out in order to get better scale in the future to lower the cost of installation. Wall Street still looks at solar as a trade instead of a long term asset based investment, but that will change soon.
- New York Times: Rooftop Solar Providers Face a Cloudier Future
- Los Angeles Times: California solar industry job growth reaches record levels
- Huffington Post: Utilities, Solar Energy and the Fight for Your Roof
- Las Vegas Review Journal: Tesla asks new rooftop-solar rates be reconsidered
- Greentech Media: SolarCity Installed 870MW of Solar in 2015, But Lowers Q1 2016 Guidance
- Greenbiz: How much does energy storage really cost?
- Renewable Energy World: Renewable Energy Finance Outlook 2016 – The Year of the Green Dollar
- PV-Magazine: Australia sails past 5 GW of PV
Opinion
Have a great day!
Yann