New Home Solar Lives. On Wednesday, the CEC pushed a decision that could have hurt the solar on new home requirement requested by the utilities. This will come back and hopefully with local community solar for multi family units only.
Ratings and Advance Rates. More securitization are being done in solar. Once a novel concept, almost every quarterly filing highlights another securitization, some of which are now rated A and offer mortgage level rates.
Compete and Improve. It’s true, renewables have to compete on price without the backstop of a guaranteed return and pay for the infrastructure improvement. Many of these improvements are priced to hurt the renewable generation which caused the MA regulators to open an investigation into the local utility.
The Transition. Earlier this week Tesla received a prestigious German auto award and then announced a new factory in Berlin. While Tesla is littered in online polarization, there is no doubt that companies like VW and Mercedes have advanced their timelines by a decade because of their success. Elon was on stage with the VW CEO this week, an interesting dynamic.
Census and Local Shows. Make sure your company fills out the Solar Jobs Census and if you are in the Maryland/DC area, attend the MDV SEIA conference Solar Focus.
- Los Angeles Times: Editorial – California needs solar panels on new homes.
- PV-Magazine: Institutional investors warm to residential solar securitizations
- Greentech Media: Vestas – Renewables Sector Should Be ‘Outraged’ at Footing the Bill for Grid Upgrades
- Axios: The bumpy transition toward electric vehicles
- Denver Post: Colorado commissioners approve land request for solar farm
- Renew Economy: South Australia household batteries to the rescue as Queensland coal unit fails
- GreenBiz: The great EV infrastructure challenge
- Utility Dive: CPUC demands PG&E defend power shut-off actions, launches investigation into all IOUs
Opinion
Best, Yann