It’s all about the public markets right now. Last week, I was ready to call a bottom and see the short squeeze kick in but hedge fund investors have been selling out some positions this week. Does anyone really know why there are currently more sellers than buyers in the market? I don’t. In a discussion with a public markets investor, there was a clear difference with other sectors because of the value of the assets on the companies’ balance sheets. All of this is made more convoluted by the yieldco ownership structures but we shall see how this plays out.
- Greentech Media: Solar Stocks Continue to Plummet in a ‘Bizarre Confluence of Contradictory Events’
- Bloomberg: Crashing Solar’s Convertible
- New York Times: Silver Lake Is Said to Invest $100 Million in SolarCity
- PV-Magazine: Enel marks push into renewables with Enel Green Energy repurchase
- Boston Globe: Business groups make last-minute lobbying push to limit solar incentives
- USA Today: White House pushes community solar power as rooftop alternative
- PV-Tech: Intersolar India – Government to restore 30% rooftop subsidy after slow start
- Renewable Energy World: Carbon Rules Under Clean Power Plan Would Survive Republican President – McCarthy
Opinions
Have a great day!
Yann