This is your SolarWakeup for August 2nd, 2016

Pending a shareholder vote and approval from regulators, SolarCity will become Tesla Solar, or at least part of Tesla. Solar power has always been part of the complete sustainability picture for Elon Musk and letting the nuances of a solar balance sheet stop that goal wasn’t going to happen. SolarCity also preannounced better than expected install numbers for Q2 and lowered guidance for 2016 to 900-1000MW. While lower than expected, let that settle in for a second. 1GW, of solar, primarily on households is a boatload of solar energy. The Silevo modules are now shown in a picture and expect them to be at 22% or about 350W which should help with MW goals given that Wall Street doesn’t understand efficiencies. The worry for the solar industry continues, Trina is going private and some wondered why Tesla was stepping in for SolarCity. Sunrun CEO, Lynn Jurich, blogged about the great deal Tesla is getting, perhaps in the hopes of getting her own deal for Sunrun?

Opinion

Have a great day!

Yann