These are the top 10 most read solar articles by your peers this week!

News

 

The Top 10 is ranked by the number of SolarWakeup.com readers that clicked on the news article during the previous week. It is the poll of the most relevant solar news of the week as judged by your colleagues and competitors.

Have a great day!
Yann


The worst kept secret in solar and Wall Street was the imminent Chapter 11 filing by Sunedison. Trading at 1% of their stock price from a year ago, the fall looks like a culmination of bad management decisions. With $16billion of liabilities in the filing, it had nothing to do with the solar industry and everything with an inability to pay liabilities. I like the people at Sunedison and I was hoping that this would not happen. What bothered me the most about the messaging is that the blame is being put on the capital markets (see #4). Don’t blame an industry that is growing and going well for the failure, we never asked you to become a ‘supermajor’.

Opinion

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Have a great day!
Yann


It is compromise week, in New York and DC. In New York the IOUs and solar developers negotiated a compromise around net metering. In this iteration, the policy looks like it will largely remain the same for a few years before going along with a formula that will create long term certainty for new solar installations. In the Senate, the energy bill passed. On a bullet point basis, it looks like a State by State wish list for certain easements and land use rights. It still needs to reconcile with the House which should happen over the next few months if there is appetite to get the deal done.

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Have a great day!
Yann


This week there was an energy conference hosted by Platts in Las Vegas. Apparently, according to Power Finance & Risk, some IPP execs went a bit negative on the subsidies thrown at renewables. They are obviously confused considering their fuels receive billions more in subsidies but I understand their frustration. The wholesale markets are changing and being an IPP means you depend on the ability to trade and monetize your energy in those markets. There are several things happening here to try and add more value to firm capacity to allow power plants to make more money. Maryland in some way attempted to do that but a judge has sided with FERC against the rule (story #2 today). Keep watching this space…

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Have a great day!
Yann