The Coal Mine. If it isn’t news, I missed it originally, but I am not surprised. Being small in the solar lease business is like being in no-man’s land. Your overhead will kill you before you ever dream about having a portfolio big enough to trade down to cheaper cost of capital. One Roof seems like it’s about done, moving out of its HQ and closing the doors perhaps. Rumor on the Linkedin boards also talked about some layoffs at Sungevity which is unfortunate after the canceled reverse merger.
Policy versus Politics. As I mentioned during the Episode 3 of the EnergyWakeup podcast, I am becoming concerned about the level of political engagement and level of rage in the fight to save net metering. TASC is seeking the ACC to revisit the end of net metering in Arizona based on legal non-compliance. That’s a policy argument about process, it would be much better to have a thousand people in front of the ACC.
The end is in sight. Thankfully, Terraform and Terraform Global have signed an MOU to negotiate exclusively to be acquired by Brookfield. There is still a bit to go, target closing of April 1st, but we’ll take the progress nonetheless.
- PV-Tech: OneRoof Energy continues wind down of US operations
- Arizona Central: Solar group asks Arizona utility regulators to reconsider net-metering decision
- PV-Magazine: TerraForm Power, Global get serious with Brookfield
- Greentech Media: Republican Political Donors Install Nearly as Much Solar as Democratic Donors
- CleanTechnica: As Trump Steps In Office,Number Of Americans Are “Very Worried” About Global Warming
- GreenBiz: California’s grid geeks – Renewables as good ‘grid citizens’
- Renew Economy: AEMO hires New York energy reformer as new CEO
- Forbes: Japan’s Solar Boom Is Accelerating
Opinion
Have a great day!
Yann