He’s Back, Come See Arnold Talk Solar. This Thursday the State of California is celebrating one of solar’s biggest accomplishments, 1 million solar roofs. At a public event, former Governor Schwarzenegger will be unveiling the 1 millionth roof alongside CALSSA’s Bernadette Del Chiaro. Solar in California has no political aisles, it benefits all and Governors from both parties have supported our industry. Clovis is in the Central Valley of the State and you’re invited to be there. We want to show Arnold that when he took a bet on solar many years ago, he was right. A few hours of your time is worth it, reporters in solar should be there as well! Here is the RSVP link
The Next Million. What does the next million look like? It will have plenty of power because CALSSA is announcing the next target of 1 million solar batteries. Wild fires, blackouts and rate schedule changes are causing more and more solar installations to get batteries. Nationally, batteries are attaching at a rate of 15-20% with some areas of California going much higher. That means that we are looking to grow the market to 2-4million solar roofs to get to the 1million solar batteries. If you’re doing the math, the goal is to get to over $10billion market potential for you, the installer or hardware provider. That’s a big audacious goal and we want you to help.
Another Banking Data Point. When the European Investment Bank stops lending to a particular lender, it has ripple effects to the private sector. Typically, banks like the EIB do the heavy lifting and take a particular risk and if they are out it means that other banks don’t follow. The focus is to align the strategy with the policy goals of the EU, in this case renewables. Look for capital to dry up for non-renewables relatively quickly.
Tackling Big Pollution. Making metals is energy intensive and contributes somewhere between 6-7% of the global carbon emissions. That is why a Missouri corporate deal for wind energy is an indicator that could have global implications. In Missouri, steel and aluminum producers get subsidized electricity prices which means that the wind deal was not only cleaner but also cheaper than the cheapest market electricity rate before.
- Sacramento Bee: Solar batteries can power California through crisis and into the future
- New York Times: PG&E Reaches $13.5 Billion Deal With Wildfire Victims
- Greentech Media: The European Investment Bank Has Quit Fossil Fuels. Now What?
- CNBC: First US steel plants powered by wind, solar energy are coming for industry with big carbon footprint
- Solar Power World: Suniva defends business plan at midterm hearing on Section 201 solar tariffs
- Axios: Toyota executive warns of “electrified armageddon” for auto industry
- Utility Dive: ERCOT sees brighter days ahead on system reserves despite rising peak demand
Opinion
Best, Yann