This is your SolarWakeup for September 24th, 2020

California’s Car Forecast. Newsom is picking fights by banning combustion engine cars by 2035. This is a good goal and likely a reality anyways. Tomorrow, Newsom has the ability to enable the path for the clean energy economy to be ready for those electric cars to be fueled accordingly.

GE’s Coal Regret. GE is ending its time in the coal business. One must ask what the point of the Alstom acquisition to the tune of more than $12billion was.

More Solaredge Money. The inverter (and more) manufacturer is raising $500 million in the form of debt. The company has made mention of desired increases to R&D spending.

China’s Energy Transition. China is increasing its renewable energy targets and more specifically shifting peak emission targets to before 2030. This comes from a speech to the UN General Assembly by Xi Jinping.

NBA’s Energy Politics. If you watched last night’s Miami Heat victory of the Celtics, Go Heat!, you saw an NRG logo. On Miami’s ‘home court’ in the Florida bubble, it was great to see a retail energy choice provider’s logo. Executives from NextEra watching the game were probably annoyed given their opposition for NRG to ever provide consumers any choice in the state.

Solar Market Update Call. Register for the next Roth Capital solar market call on October 2nd at 10am Eastern. The past calls have exposed the first highlight of major market trends.

MDV-SEIA’s Solar Focus Conference. With events going virtual, it’s important for companies to support their state chapters and allows for out of state companies to participate in the virtual events. Register for MDV-SEIA’s conference.

Launch of the SCF Suite 2.0. My friends over at Sustainable Capital Finance continue to innovate in the fast-growing C&I sector. They just launched their newly revamped software, the SCF Suite 2.0. The platform offers solar developers and EPC’s an efficient, centralized dashboard to receive indicative PPA pricing, download proposals, and populate & execute term sheets, EPC agreements & PPAs. The SCF Suite has been retooled with a fresh new look and the addition of many highly requested features. If you’re interested in learning more about how this software can speed up your transaction process, as well as increase your sales conversion rates through automated agreement population and e-signature features, feel free to check out their info page.

Opinion

Best, Yann