The links. It is not lost on me that I promised something yesterday that I failed to deliver on. We are working on it again today, some process adjustments are in the works. If the links below are in blue, then you can bypass the website.
Make those cuts. Enphase announced yesterday that it would reduce staff by 75 positions or about 19%, mostly in the California HQ. I always empathize with those that are laid off. On the other hand the moves typically save the remaining jobs as the company drives its way to profitability. One point to note when I read the filing was that Enphase (after raising $10mm) engaged McKinsey to consult on the moves. Not exactly the most prudent use of money in that regard.
Charm City Politics. Maryland is trying to override the veto from Governor Hogan on the expansion of the RPS. It’s odd that Maryland has a republican Governor but the State has a pretty diverse population with the Eastern Shore and Western Maryland. I’d love to see more thoughtful talking points from Republican politicians on these things. Blah blah blah tax increases, blah blah blah consumers just doesn’t do it for me. How about: “Maryland has complicated electric infrastructure served by PJM on the Eastern Shore with aging infrastructure and grid congestion that would be better served by working with local IPPs; while the rest of the State has regulated investor owned utilities and municipal power agencies. My plan would be to work with the utilities to replace (read ratebase) aging, dirty power plants with cleaner power including the use of central and distributed renewable energy that give consumers more choice on their energy supply and costs.” No need to thank me Governor Hogan!
Out of the ‘woods’. NRG has gotten the Ivanpah power station up to minimum production levels. The entity operating the system was in forbearance for nearly a year but now the approximate 65 full time on site technicians have operated themselves into the sunlight. I guess haters will have to start writing about birds again…
- PV-Magazine: Enphase job losses to largely impact Californian HQ
- Utility Dive: Maryland House votes to override Gov. Hogan’s veto of energy bill
- Bloomberg: NRG’s Massive California Solar Plant Finally Making Enough Power
- PV-Tech: Solar companies set to change the manufacturing landscape in 2017
- CleanTechnica: SMA Solar Shipped 1 Gigawatt Of Solar Inverters To India Last Year
- Business Insider: Tesla Motors is officially changing its name
- Charlotte Observer: Solar energy giant challenges Duke Energy on power purchase terms
- Greentech Media: Maine Solar Customers to Receive Lower Bill Credits Starting in 2018
Opinion
Have a great day!
Yann