Author Archives: SolarWakeup

This is your SolarWakeup for October 19th, 2018

Late newsletter today, thanks to the inflight wireless. Great to see so many of you last night!

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Recapping Illinois. Enjoy this episode of SolarWakeup Podcast with Brad Klein from ELPC, the environmental law and policy center. Brad and I spoke in Chicago about the policies that are starting to grow the Illinois solar market. ELPC and some solar representatives worked for years to advance energy policy in Illinois, one of the most political State capitols in the Country. This is a detailed discussion of what happened behind the scenes and how the policy became a bill. Check out the podcast here or find it by searching for SolarWakeup on your favorite podcast app.

Will Promises Made Be Kept. Part of how the Illinois solar policy was passed sits in the promises that were made during the legislative process. Many times, policy relies on promises from the industry to individual legislators instead of writing more constraint into the language of the bill. That is definitely true in Illinois and solar promised to include union labor and low income families/job seekers in the market. If this does not happen for the benefit of shortterm gain, expect pushback and missing allies next time the policy needs to be updated.

New Jersey Concerns. Here is a flashback to MA policy implementation for you and highlighting why SolarWakeup Live! is a crucial event for you to attend. NJ opened the docket for the SREC replacement program this week and people are concerned. Their primary concern today is that there is likely to be a gap of time where the market certainty is gone while a new program is put in place, just like we saw with SMART in 2018. Losing a year in a market this important hurts solar companies in a really big way and will cause layoffs and closures. If you attended SolarWakeup Live! in Boston last year, you would have heard the information from a State Senator and the Director of the SMART program. Both were hesitant about where solar could go in 2018, and attendees told me in person afterwards that they would take things with great caution. In Jersey City, expect my conversations with folks in the know and the NJ BPU President to cover how the process will play out. You may now get the information about the result at the show but you will be educated about the process and the timing. And being right at the wrong time is bad in solar.

Lowering Rooftop Solar Costs. This is your reminder that rooftop solar can still lower costs in a big way starting with getting the cost of capital closer to that of mortgages. Solar is still 10% or more higher than the mortgage on your home when you take a solar loan. Second, the permit costs and speed represent close to $1/watt in cost that should be on track to getting absorbed by better regulatory policies. Some smart folks are working on it but we need more people to raise their hands to implement this.

Vote Solar DC. Last night, 150+ solar pros got together in DC to celebrate the amazing year that Vote Solar had. Imagine if this advocacy organization led by the amazing Adam Browning had another $10 or $100million in the bank. Our market would skyrocket. If you know someone that supports solar and wants to support this great cause financially in a big way, this is the way to do it. Have a great weekend!

Opinion

 

Have a great day!

Yann

 

This is your SolarWakeup for October 12th, 2018

We are entering the end of the year quarter and while we shoot to hit our numbers, we have to worry about what is coming up next. Based on seeing the first responses of the Solar Sentiment Survey makes me think that while you are optimistic, you need to be looking at what’s next. New Jersey is on track to replace the SREC program with something new while adding energy storage, innovating PJM markets and piloting community solar. That’s why we are heading the Jersey City next for SolarWakeup Live! the most influential event in solar. If you haven’t been to one yet, the event is a day of 1 on 1 interviews with the folks that drive the market. I do all of the interviews and get to the bottom of the issues that are important to your business. Head to SolarWakeuplive.com to get your ticket. Today only, you can get 20% off using code SWL20.

CALSSA Annual Dinner. See you there tonight! Make sure to place your bids for the auction products!

SolarEdge Buys Batteries, I Hate It. Yesterday, SolarEdge has acquired a high tech battery company called Kokam for about $88million. The premise I presume is that batteries will become as normal on a solar installation as the inverter meaning that another box will sit near the inverter with energy storage normalized into the system. That premise however creates a commodity out of the energy storage system which makes owning the battery manufacturing a bad place in my opinion. SolarEdge should have focused on acquiring a system integration and playing the commodity of the battery market to ride the cost curve down. We are in the very early stages of energy storage and I’m betting on the price declines of battery cells being very steep.

SRA > NRA. This isn’t a political post. This is a post about the funding mechanism for the NRA and the perception of the power that the NRA uses in political arenas. Everytime someone buys a gun, they join the NRA. They get a sticker and then they are on the NRA mailing list to continue supporting the association. In solar we don’t currently have a similar mechanism where every solar installation has a built in funding mechanism, until now (once you participate of course). The Solar Rights Alliance is looking to join every solar customer into an alliance and activate them during moments of advocacy across the Country. Check out the great program by seeing more about the information released in the CleanTechnica post.

NY Is In A Rush. Another $40 million from the New York State Government to spur C&I solar and storage in the State. While the money is appreciated, it would be great to see the VDER program fixed so that solar can work without the peaks and valleys created by incentive programs. VDER is too complicated today and doesn’t fully stack the value generated by generation. Moreover, the simplicity of a community solar type program could go a big way within the VDER framework. There are some signs that programs are getting more renewables in place, my friend Katie Ullman just went to work at Drift which works on the market side of greening consumers’ energy needs.

Opinion

Have a great day!

Yann

 

This is your SolarWakeup for October 4th, 2018

Much Awaited Community Solar Rules. Few people cover community solar better than ILSR’s John Farrell and with the new rules from New Jersey being proposed, he gives you the breakdown of the good and the needs improvement. Community solar in New Jersey could be one of the most desired market changes in the past few years, there is no doubt that developers and customer signup teams will be flocking to this market. This will be a central conversation topic at SolarWakeup Live! Jersey City, get your ticket at solarwakeuplive.com so we can all talk about the community solar market together.

Governors Matter To Solar. Virginia is planning a bold solar future with 5GW of wind and solar. This is the plan proposed by Ralph Northam, the Governor. Much like many net metering, RPS and other solar friendly policies across the Country, it takes a leader in the Governor’s mansion to make it happen. Without that it becomes much harder to get things done. Elections matter and advocacy is a lot simpler if there are willing participants on both sides. We still need to show up and make our point but without a veto threat, solar can be a big winner.

Are You Feeling Good? Time to check in on the industry sentiment with SolarWakeup’s Q3 sentiment index. While 2018 has been a crazy solar coaster ride, it seems like more of a market than ever and I want to see what you think. The results of the report will be shared first at SolarWakeup Live! Jersey City on November 6th. Take the survey today!

Inverters Must Adapt. Most of the inverter companies plan to transition their manufacturing capacity out of China given the latest tariffs by the Trump administration. This may cause a bit of a product supply constraint when the changeover happens and the price is very likely to increase to the installers across the market. Just another example of costs going into the solar market that could be avoided.

The Hill Piece. is total crap. Starting out the conversation about net metering by saying that no-one argues that there is a cost shift on solar value to non solar customers means that the author assumes that solar customers are providing uncompensated value to the other customers but of course we know that’s not the case.

Opinion

Have a great day!

Yann

 

SB700 Signed By Governor Brown, Extends SGIP 5 Years

By Yann Brandt, Managing Editor

Governor Jerry Brown has signed SB700, the bill also known as the ‘Sun Shines at Night’. The bill, which had passed the legislature in early September, will extend and fund the popular energy storage incentive called SGIP.

“If we are going to get to 100% clean energy, we need to be using solar power every hour of the day, not just when the sun is shining,” said Senator Scott Wiener, author of SB 700. “This bill will protect clean energy jobs while also protecting consumers from ever rising energy bills.”

The California Solar and Storage Association (CALSSA) backed SB700 as the signature legislation for 2018 and with over 200 solar professionals pushed for its passing at the annual lobby day. Yesterday, CALSSA called for emergency outreach to the Governor’s office to ask for the bill to be signed.

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“By signing this bill, the governor is making the sun shine at night!” said Bernadette Del Chiaro, executive director of the California Solar and Storage Association, the 500-member clean energy business group that championed SB 700 for the past two years. ”Energy storage is critical to achieving our ambitious climate change goals by allowing massive deployment of solar energy and giving everyday consumers another reason to be green.”

SB 700 re-authorizes the Self-Generation Incentive Program (SGIP) for five years, extending rebates for consumers through 2025. It would add up to $800 million for storage and other emerging clean energy technologies, resulting in a total investment of $1.2 billion for customer sited energy storage. Boosting energy storage will help California achieve its goal of generating 100% of its electricity from renewable resources, as called for in SB 100 (de Leon), which was signed into law on September 10th. A summary of SB 700 with more details about the SGIP program can be found here.

SB 700 won broad, bipartisan support in the California legislature in August with a 25-12 vote in the Senate and a 57-18 vote in the Assembly. It was signed into law by Governor Jerry Brown on September 27, 2018. The new law will take effect January 1, 2019.