Solar Needs Your Action. While the solar market is growing in residential and utility scale segments, the House of Representatives committee left ITC extension and storage addition out of the tax extenders bill pushing forward a ‘skinny’ bill instead. Senators are responding with a strong letter advocating for support, read that letter here. You need to get on the phone with your Congressional representative and let them know that you and your company want an ITC extension. If you need the contact info, you can type in your zip code here.
More US Manufacturing. Not a lot of manufacturing happens in the US but when the market grows and you sell hundreds of different products with a 1-week lead time, you find value in doing it here. At Quick Mount we’re taking advantage of the growing market and investing in doubling our capacity with a second shift. This is not because of the tariffs but in spite of them, because tariffs slow the overall market down but we believe in the future growth of our partners and trust that our technology is what the market wants. Hope you share some enthusiasm in the great news we are highlighting today!
Finish The Trade War. As Trump heads to Japan for G20 meetings, the big spotlight will be not the US-China trade talks. US business leaders are hoping for a resolution so we can go back to growing the economy across the segments that deliver goods to consumers. The solar market grows despite the headwinds on aluminum, steel and other tariffs in addition to the module level soft costs added without value to the market.
Yield Mania Is Back Down. The ten year treasury yields are back down under 2%, go refinance your portfolios now!
Dirty Power Plan. The administration is out with the change to the clean power plan, Obama’s marquee plan to lower carbon emissions. Environmental NGOs are touting it the dirty power plan as it seeks to bring back coal, which one author points out is having financing troubles since the future of coal is bleak.
Battle Of The Solar Bands. CALSSA is currently offering an EARLY BIRD SPECIAL DISCOUNT on tickets. Get your ticket before June 21 and pay only $60 per ticket and even less per ticket on ticket bundles! One of the most important ways you can support YOUR industry is to get tickets to this special event! Visit CALSSA’s website to learn more and get your tickets today! Each ticket includes two free drinks! (button or text links to: http://bit.ly/ET-SBOB-
- US Senate: Prioritizing Clean Energy Tax Incentives
- Solar Power World: Quick Mount PV adds second shift at California manufacturing facility
- Bloomberg: U.S. CEOs Meet With China’s Premier in Beijing Amid Trade Woes
- Utility Dive: US sees record solar installations at 2.7 GW in Q1, but challenges remain – report
- CNBC: 10-year Treasury yield drops below 2% for first time since November 2016
- Vox: Trump’s EPA just replaced Obama’s signature climate policy with a much weaker rule
- PV-Tech: New York holds 500MW-plus PV auction, confirms 6GW target
- Greentech Media: Tesla’s Drop Continues in US Residential Solar Rankings
Opinion
Have a great day!
Yann