Merchant Solar? Not The Whole Story. From here on out, merchant solar doesn’t mean the same thing as it did in the past. It used to mean that the solar project had a secondary revenue stream like SRECs, carbon credits or production based incentive that drove the financial model and the energy value was secondary and not really relied upon. The reason that merchant solar doesn’t work without the control of generation is that a market would adapt to a solar farm that has no ability to control when it produces and exports, i.e. the marginal cost of producing the second electron is zero dollars. When an IPP says they are doing merchant solar, they mean that they are doing solar plus storage, producing when possible and exporting when valuable. Merchant solar isn’t about taking whatever they can, it means building a generating asset without adding a contracted buyer to the project before building the project.
Recasting The Forecast. It’s a reoccurring theme on SolarWakeup, forecasts come up short. Solar forecasts have been notoriously understated and energy storage is even worse. There are market segments where storage and solar are contemplating major growth, that have a zero GWh forecast in the major analyst reports. So take those with a grain of thought and look at your own market, pipeline and sentiment to guide your investments. In other words, believe in yourself and your market.
Installers First, Always. Over the past year, the team as CommonBond has worked to understand how to make lending for solar installers easier, faster and cheaper. That culminated in the public announcement that CommonBond has started serving the solar market and wants you, the installer, to learn more about the offerings that are available. To learn more about the CommonBond platform and products, contact them here.
Opinion
News
1 PV-Tech:
Photon Energy posts record revenue, eyes merchant solar opportunities
2 Washington Post:
Sea level to rise one foot along U.S. coastlines by 2050, government report finds
3 Vox:
Why electric vehicles are so hot in the 2022 Super Bowl ads
4 Bloomberg:
Wind and Solar Power Demand Expected to Soar
5 Solar Power World:
Clean energy trade groups ask FERC to reform interconnection process
6 Energy Storage News:
‘Supply chain constraints, logistical challenges’ but Enphase battery sales still drive increased revenues
7 Canary Media:
Green steel without green hydrogen — can it work?
8 PV-Magazine:
CleanCapital acquires 65MW solar portfolio spanning 12 states
Opinions:
9 RMI:
Are We Ready for Another Uri?
Have a great day!
Yann
Faster Approvals Equals More Deals. Installers asked CommonBond to create the fastest approval process in the market and they delivered. To add CommonBond’s fintech DNA to your solar sales process, apply here.
Opinion
News
1 PV-Magazine:
CommonBond enters the solar finance market, looking to help installers grow their business
2 The Atlantic:
Biden’s Biggest Idea on Climate Change Is Remarkably Cheap
3 Utility Dive:
Dominion to expand net zero carbon reduction goals to Scope 2 and Scope 3 emissions
4 Axios:
Energy Department makes moves on infrastructure law
5 Reuters:
UK's National Grid to get grid stability services from renewables for first time
6 Energy Storage News:
US government’s US$3 billion support for battery value chain up for grabs in Q2 2022
7 Canary Media:
People power - Hawaii utility wants to pay households to share clean energy
Opinions:
8 GreenBiz:
Here's an overlooked option for long-term energy storage for renewables
Have a great day!
Yann
Faster Approvals Equals More Deals. Installers asked CommonBond to create the fastest approval process in the market and they delivered. To add CommonBond’s fintech DNA to your solar sales process, apply here.
Opinion
News
1 PV-Magazine:
Solar in the NFL
2 Grist:
Biden’s 500,000 EV charging stations get a $5 billion start
3 Energy Storage News:
Asia-Pacific overtake of North America delayed as energy storage market tops 30GW by 2030, Guidehouse says
4 PV-Tech:
US trade bodies slam ‘self-interested’ solar tariff investigation request
5 Utility Dive:
US senators express bipartisan support for hydrogen as states vie to become hydrogen 'hubs'
6 Bloomberg:
Germany Opens Farmland to Solar Power to Quadruple Capacity
7 Reuters:
California approves plan for more renewable power, batteries
8 Solar Builder:
SunPower’s majority shareholder, TotalEnergies, to acquire its commercial solar business
9 Solar Power World:
DOE pledges $2.91 billion to boost U.S. production of advanced battery technology
Opinions:
10 Canary Media:
This California startup wants to be the Pony Express of electric trucking
Have a great day!
Yann
Installers First, Always. Over the past year, the team as CommonBond has worked to understand how to make lending for solar installers easier, faster and cheaper. That culminated in the public announcement that CommonBond has started serving the solar market and wants you, the installer, to learn more about the offerings that are available. To learn more about the CommonBond platform and products, contact us here.
Opinion
News
1 PV-Magazine:
Another anti-circumvention case filed against Southeast Asian countries, said ROTH
2 Bloomberg:
Solar Giant Enphase to Add Europe Manufacturing to Meet Demand
3 Politico:
World to China - Time to step up on climate
4 ABC News:
Charlie Crist unveils campaign trail promise of solar power for Florida
5 Utility Dive:
ISO-NE plan to extend MOPR through 2024 faces uncertain fate at FERC, experts say
6 PV-Tech:
US community solar sector boosted by policy support from states
7 Solar Power World:
Minnesota Public Utilities Commission requires solar be included in future Xcel Energy resource plans
8 Canary Media:
US coal communities get historic $11B to clean up abandoned mines
Opinions:
9 Axios:
A busy stretch in climate litigation
Have a great day!
Yann
