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This is your SolarWakeup for April 2nd, 2024

Farewell AEE Solar. Installers got a brief email yesterday stating that the distributor AEE Solar would be closing their doors in just over a month. With a slowing market and higher cost of capital, it ultimately got to be less than profitable. There’s also been an increase of competition from electric supply houses that leave the specialized company in a bind.

  • Utility Dive: IRS direct pay framework opens doors for tax-exempt entities to access clean energy credits
  • PV-Magazine: Solar equipment distributor announces business close, inventory clearance
  • Axios: Granholm eyes talks with Big Tech on AI power needs
  • Reuters: Virginia regulators approve Dominion Energy solar projects
  • PV-Tech: Nordcell plans 1.2GW module plant in Sweden
  • Renewable Energy World: Feds announce $4B in tax credits for supply chain, decarbonization
  • Canary Media: New DOE-backed projects tackle factory emissions with heat pumps and more

Opinion

  • Energy Storage News: Friday Briefing: Led by BTM, Europe overtakes the US in 2023 deployments

Best, Yann

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