Short update this morning as my California jet lag and upcoming interviews are messing with me. Make sure to catch up on previous podcasts and my tax reform conversation, there are a bunch of conversations that will drop over the next week that will give you something to listen to and learn from over the holidays.
Going Private. Canadian Solar got an offer from its CEO. Part of the strategy may be to get off the New York market and go public in the Chinese stock exchange instead. This isn’t the first company to go this route.
Deploying Capital. Big numbers coming from EDF on deploying capital to solar projects. The headline is nice but let’s be real, there is unlimited amount of money available for solar projects at the yields that projects currently go to market. However, it is always nice to see these types of announcements.
Business Interest Allocation. Pay particular attention to the comment in the tax reform video of about a business interest change in the tax reform bill. Catch it towards the of the video.
Solar In Florida. There are some unhappy executives in Florida this week. Between the article yesterday on the nuclear cost recovery clauses and this natural gas boondoggle in Florida, public opinion on monopolies will test the single digit approval marks. Let’s see how politicians react.
- CTV News: Canadian Solar CEO seeks to take it private in cash deal, board considering
- Reuters: EDF announces big push into solar, sees cost at 25 billion euros
- SolarWakeup: Live! Video – Tax Reform Bill Explained by DC Lawyers from Stoel Rives and Mintz Levin
- USA Today: Sunshine State lags on solar power, doubles down on natural gas
- Rocky Mountain Institute: How Business-Friendly Tax Reform Has Alarming Consequences for Clean Energy
- CleanTechnica: Batteries Keep On Getting Cheaper
- Utility Dive: California feed-in tariff not compliant with PURPA, federal court rules
- Solar Industry: S.C. Utility Reaches Solar Mandate Early With New Project
Opinion
Have a great day!
Yann