The US Manufacturer Money Grab. As I predicted, there is no surprise that SolarWorld is joining the 201 petition. Now that the ITC has decided to hear the case, there is a rush to be part of the subsidies that could be created for robots in US factories. If you think I am overreaching my robot comment, go to a module assembly plant in China built in the past year. It’s all robots, we are beyond the stage of people putting modules together. I see a settlement happening with some capital out of the tariff pool being distributed to keep US plants running. But how that capital actually creates sustainable jobs in the US is lost on me, I don’t see it working. One thing that will come out over the next few months are the names behind this petition that hurt the solar industry. Some you know and some you will be surprised about but never underestimate someone’s desire to make money on the backs of others.
Going to the next level. This week I visited the new O&M operations center that Swinerton has built. The subsidiary that handles O&M is SOLV and the facility is first class. With NERC level security and data processes, I had the takeaway that solar is at a level of impact to the grid that warrants more than an excel file. Asset owners have to be accessible and responsible to grid operators with their large interconnects. This seems like only the beginning but it was great to see solar assets being managed in this way. If you wonder what it looked like, think Homer Simpson meets the Jetsons in the power plant control room.
The Energy Storage Road Show is moving forward now scheduling the week of June 5th in Los Angeles!
Market Reforms Need to Happen. I’ve talked about this in the past and agree with the PSEG CEO on the needed market reforms. Deregulation went from monopolies to having three parties, generators, transmission and retailers. Next step of market participation takes the number to well over a dozen. Energy efficiency, frequency operators, etc will make ISOs think hard about how to create a consumer centric market with the right pricing signals.

Opinion

News

 

Opinions:

Have a great day!
Yann


I see what you did there. The President met with Pope Francis yesterday and had the customary opportunity to exchange gifts. Pope Francis is apparently not only a good person but not afraid to speak with subtlety. Pontifex gifted a copy of the ‘Laudato Si’ to the President, the encyclical on climate change. Maybe a good gift to pass around to the Catholic staff in the White House upon his return since Laudato Si lacks graphs and maps containing mostly words outlining human’s impacts on the planet we live on.
Nevada wants to make a comeback. A series of clean energy bills, mostly on storage, have passed the legislature and are heading to the Governor for signature. Yet to come are the net metering and RPS bills that should move towards the Governor relatively soon.
The Energy Storage Road Show is moving forward now scheduling the week of June 5th in Los Angeles!
States will lead. New York Times is highlighting the importance that States will play in the energy space. This is nothing new, as States have shown for many years in solar. Look at New Jersey, Massachusetts and North Carolina in addition to California on how to drive a market adoption of better and cleaner energy.

Opinion

News

 

Opinions:

Have a great day!
Yann


A No Surprise Decision. The Trade Commission has accepted the Suniva petition for relief. It will render a decision by September 22nd and put it on the President’s desk by mid-November. I am not surprised, this is political, not logical. Hard to handicap where this goes from here.
No Soup For You. The ‘Taxpayer First’ budget was printed yesterday which outlines a Trump budget plan. For energy pros, it means big cuts to the offices that study and advance our sector. With a Congress that hasn’t passed a budget in many years, let’s not be surprised if that trend continues.
The Energy Storage Road Show is moving forward now scheduling the week of June 5th in Los Angeles!
Solar Plus Storage. Tucson Electric is apparently entering into a solar with storage PPA at some amazing headline prices. Whether that includes capacity payments is to be reported but my guess is that 4.5cents is not all in. On the other hand, storage is dropping its costs and solar plus storage PPAs are starting to make appearances.

Opinion

News

 

Opinions:

Have a great day!
Yann


Solar Held Hostage. Extortion seems like the right word right now. SQN seems to be openly saying that if someone buys the Suniva assets for $55million, the petition will go away. Hopefully the words will be used to show that Suniva does not speak for the industry when it comes to determining the eligibility of the petition. Also, a better offer for shareholders is being proposed by a competing lender, Lion Capital. This means the Judge could have Suniva use someone other than SQN for debtor in possession lending and the petition could go away. Stay tuned.
Hard Day in Oregon. SolarWorld is giving itself some options by issuing WARN notices to employees in Hillsboro. That means the factory could close within 60 days and some 800 employees could be terminated. Hardware remains hard and consolidation in the module supply segment is bound to become reality.

Opinion

News

 

Opinions:

Have a great day!
Yann