Let’s call it well under $0.50/watt. While I was not at SPI, many of you spoke about the declining module prices that were spreading around the trade show floor. Of course the prices have payment/timing contingencies, we are a long way from even the $1/watt not too many years ago. What is going to happen now that modules are a commodity competing on price with racking equipment. Maybe some magic potion will come up and show us all how Apple is getting a 3,000kWh per kW production factor. It continues to be true that reporters don’t understand megawatts from kilowatt-hours but I am fairly certain that Apple’s 50MW plant will not produce 151million kWhs.
Have a great day!
News
1 CleanTechnica:
Solar Supply Glut Could Push Module Prices As Low As $0.30/Watt
2 PV-Magazine:
Congress launches investigation into use of solar grant and ITC funds
3 Renewable Energy World:
Does Solar Need a Brand?
4 PV-Tech:
Brexit and energy - ‘Uncertainty’ doesn’t do it justice
5 Arizona Central:
Apple's secret solar plant in Arizona could supply 12,500 homes with power
6 Think Progress:
The SEC is reportedly investigating Exxon
7 Fortune:
SunPower Embraces Drones and Robots to Help Evolve Its Solar Farms
8 GreenBiz:
Installing solar power and paying it forward
Opinions:
9 SolarWakeup:
Live @SPI2016 with Rayton Solar
Have a great day!
Yann
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Yesterday, Terraform and Terraform Global had to file extensions on the notice of delisting from NASDAQ. The stay of the delisting and request for a hearing have been approved by the exchange and the hearing is schedule for November 3rd. Of course this is stemming from Sunedison’s bankruptcy and the inability to issue proper financial results even though some have been trickling in. The yieldcos also have begun to work to get a new sponsor in place or seek strategic alternatives to Sunedison as the sponsor. Advisors have been engaged by both entities which include Centerview Partners, Morgan Stanley, AlixPartners and Greentech Capital Advisors. This summer some players began to make moves including Brookfield Asset Management, which acquired a significant stake in Terraform Power. The saga continues…
Have a great day!
News
1 PV-Magazine:
Precarious circumstances at TerraForm Power, TerraForm Global
2 CNBC:
Tesla says lawsuits could delay SolarCity deal
3 Renewable Energy World:
Making Money with Batteries
4 Fortune:
A Jaw-Dropping World Record Solar Price Was Just Bid in Abu Dhabi
5 SolarWakeup:
A Comprehensive Strategy In Maryland
6 GreenBiz:
Oakland aims for clean energy fix to health, jobs gap
7 Vox:
The key to tackling climate change - electrify everything
8 Tallahassee Democrat:
Solar energy advocates focus on defeating utility-sponsored amendment
Opinions:
9 EDF:
Why Clean Energy is Center Stage on International Day of Peace
Have a great day!
Yann
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