Storage Is Hot and Complicated. The NXT deal to acquire Prevalon made quite the splash this weekend and by my text messages, a lot of you have questions about what it means. I don’t think that my thoughts would be adequately outlined in this short format but I may be open to hosting a short conference call if folks are interested on this topic and the overall status of the storage market. It’s quite similar to the early solar days, think LDK/SPI (if this rings any bells for some of you).
Pay Attention. Invest in Tomorrow Coalition is the PAC that is running with Don’t Mess with Solar and going after opponents and helping supporters in a smart, PAC kind of way. Tom Matzzie, a friend and savvy political operator is running the PAC now and certainly getting a lot of traction in the news. Don’t get it wrong, Chip Roy lost his race because of his attack on solar, he knows it but doesn’t want people to think that’s true. 10 years ago, solar hadn’t made really rich people in the space but that’s changed. There are hundreds of people that have made hundreds of millions and some have made billions in and from the solar industry. Time for the industry at every level to double down on the proof point that Tom and team are showing us all.
- Bloomberg: Solar Company Nextpower Hits All-Time High on AI Battery Deal
- New York Times: Why Green Investors Are Backing Republican Candidates
- Axios: AI is turning energy into the hottest business in America
- Mother Jones: Our Power Grid Is in Better Shape This Summer, Thanks to Solar and Batteries
- PV-Tech: Module test failures continue to increase in Kiwa PVEL’s 2026 Module Reliability Scorecard
- Energy Storage News: German regulator’s grid fee decision ‘restores investor confidence’ in energy storage market
- Canary Media: The tax credit cliff has hit EV sales hard
Opinion
Best, Yann