The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Energy Storage News:
Ameresco to get 2.1GWh BESS project for Southern California Edison to ‘substantial completion by summer’
2 Utility Dive:
FERC orders PJM to revise plan for DER aggregations; Enel ‘encouraged’ that single-node limit may be lifted
3 PV-Magazine:
Renewable energy institutional investment has gone “from niche to mainstream”
4 PV-Tech:
Array Technologies bounces back from 2021 as revenue jumps 50% in 2022
5 Axios:
Tornadoes reported in Texas and Louisiana as storms lash the South
6 Solar Power World:
8 tips for solar customers as California’s NEM 3.0 begins
7 New York Times:
The coal challenge
8 Canary Media:
Will the feds approve any of the new small modular nuclear reactors?
Opinions:
9 Bloomberg:
What Is a Heat Pump and Why Does Elon Musk Want to Put One in Your Home?
Have a great day!
Yann
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 NPR:
1A Remaking America - Can Solar Power Help Fix Drought-Ravaged Farmlands?
2 Canary Media:
Here’s the good and bad news on the US clean energy transition
3 Bloomberg:
Republicans Are Splitting Their Party Over Clean Energy
4 Utility Dive:
RWE completes $6.8B acquisition of Con Edison Clean Energy Businesses
5 Axios:
Solving oil's Goldilocks problem
6 Reuters:
Portugal's EDP to invest $27 billion to nearly double renewable capacity
7 PV-Tech:
Shoals Technologies sees revenue and EBITDA up 50%, announces interim CEO
8 Energy Storage News:
Energy storage everywhere at once - Inflation Reduction Act creates viable clean energy economics
9 PV-Magazine:
U.S. solar workforce needs to double in less than a decade
Opinions:
10 NYTimes:
The Promise and Peril of Biden’s Climate Policy
Have a great day!
Yann
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Bloomberg:
Australia Prepares for a Power Grid Without Spinning Turbines
2 The Guardian:
Solar to soon offer grid more capacity than coal, consultancy says
3 Utility Dive:
NARUC examines how states can make power grids more flexible with performance-based mechanisms
4 Reuters:
Factbox - Tesla CEO Musk to unveil Part 3 of Master Plan at Investor Day
5 Energy Storage News:
Available Power and Hitachi Energy’s JV entity target 1GW deployments in Texas market
6 Canary Media:
Here’s the good and bad news on the US clean energy transition
7 PV-Magazine:
OYA Renewables closes financing for New York community solar pipeline
Opinions:
8 Grist:
US solar and wind surged in 2022
Have a great day!
Yann
Reserve Margins Shrinking. It’s not the physics that will make a market but the grid operators that take the physics, or in this case the fact that reserve capacity is shrinking, and create the pricing signals that will drive a market forward. For PJM, the vast expanse of the grid, addition of a lot of renewable energy like offshore wind, and retiring power plants, will require more flexibility in the grid in addition to the additional capacity that will need to be built. In the meantime, we know what the grid needs but grid needs are not enough to get project developments through an investment committee.
Tax Credits Drive Markets. Economic growth and investments in the US economy have long been directed through tax credits. While some consider this government aid, it’s really a driver to move private capital into direct investments for economic growth. Mortgage tax deductions and charitable donations are there to incentivize particular use of your personal dollars. MACRS bonus depreciation or manufacturing tax credits do the same, create a positive financial adder to the overall investment thesis that the economy is looking to expand beyond organic growth. If the tax credit doesn’t work, it costs zero. If it works, you get economic growth, so you have a win-win situation.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Utility Dive:
PJM capacity prices fall 15% for most of grid operator’s footprint as total cost remains steady at $2.2B
2 Bloomberg:
GOP Governors Tout Green Bona Fides Amid Anti-ESG Backlash
3 New York Times:
Biden Is Betting on Government Aid to Change Corporate Behavior
4 Energy Storage News:
West Virginia governor Justice officially signs off on US$105 million for Form Energy’s iron-air battery plant
5 Renew Economy:
Rooftop solar set to eclipse coal as installations reach more than 20GW
6 Reuters:
Japan can achieve 90% clean power share by 2035, US study finds
7 PV-Magazine:
Where renewable energy policies are working in 2023
Opinions:
8 Solar Builder:
Report - Over $82M in solar revenue lost due to equipment anomalies in 2022
Have a great day!
Yann
