This is your SolarWakeup for February 3rd, 2020

The Fossil Fuel Booyah. If you’ve watched CNBC over the past decade, you’re probably used to Joe Kernan’s never ending climate change denial. The enthusiastic Jim Cramer is less focused on the soft issues but calls it how he sees it. That’s why his comments on Friday caught be by surprise. He’s not calling for fossil fuels to go away, his follow up tweets say as much but he does say that investors should get out now. Which makes this the proverbial canary in the coal mine. If fossil companies lose shareholders they lose stock value, losing the value makes it harder to run the company with the capital flexibility it has today. That being said, there is still plenty of cash in the coffers so this isn’t a tomorrow thing..
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The Corona Impact. With the coronavirus impacting larger areas of China and some cases spreading around the world, the supply chain teams in solar are starting to look into the impacts that this could create to the booming solar industry in the US. The Chinese new year has been extended in some areas of China which means some delays could occur if the virus continues to spread..
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Scale To Drive Retail. Now that early adopters have shown that EVs are viable, additional scale will drive the price down for EVs to be the first, second and third choice. It took 20 years from plasma TVs to go from $10k for a 42” to $1500 for a 75” LCD and now we will see corporate fleets 10x the annual volume of electric vehicles and make scale drive down the cost for the rest of the market. Consumers will not only like the price but they will find any anxiety comforted if they see their UPS, Amazon and USPS vehicles running on batteries as well. (solar powered electricity)

Opinion

Best, Yann