This has been percolating for a few months but I'm glad to see it coming to a head. When hemlock filed its lawsuit against SolarWorld, it caused a ripple effect that made the trade negotiations come back to life. The key now is that Hemlock wins the lawsuit summary judgement causing SolarWorld to accept a trade resolution resulting in a lump sum cash settlement so they can pay the judgement. Following? End result is that a settlement can eliminate the tariffs and maybe some minimum price but that's to be determined. Karma is a bitch as we know and I hope it's finally reaching an end!
Congrats to the Vote Solar team for a wonderful Equinox party.
News
1 PV Tech:
SolarWorld downplays US$770 million lawsuit as Hemlock files for summary judgment
2 Greentech Media:
Next Step Living, Out of Cash, Is Shutting Its Doors This Week
3 NY Times:
Once a Darling, Spanish Solar Company Abengoa Faces Reckoning
4 Investors:
Could Blistered SunEdison Yieldco TerraForm Power Face Delisting?
5 CleanTechnica:
Germany Uses 0.07% Of Its Area For Solar
6 Bloomberg:
Massive California Solar Plant Gets More Time to Avoid Default
7 GreenBiz:
How energy economics could help electrify public transit
8 RE World:
When is Energy Storage Eligible for the 30 Percent ITC?
Opinions:
9 Utility Dive:
Can performance-based regulation unlock the utility of the future?
Have a great day!
Yann
Today is National “Thank a solar policy professional and solar grassroots supporter” day, otherwise known as Vote Solar Equinox Party day. I am in San Francisco for the day to participate in the fundraiser. It doesn’t matter how you participate in policy, through time or money, but hopefully you are doing at least one. The threats don’t stop, won’t stop, and the battles continue. As an industry we are lucky to have dedicated women and men working on policy. Join me at Vote Solar Equinox tonight, come up and say hello.
Opinion
News
1 USA TODAY:
SunEdison identifies 'weaknesses' in accounting
2 Forbes:
SunEdison Offers Another Excuse For Its Missing Financials
3 Renew Economy:
Barclays - German coal generation to be worthless by 2030
4 Think Progress:
Surging Renewables Keep Global CO2 Flat As Economy Grows
5 Greentech Media:
Utah Passes a Major Clean Energy Bill That Elicits ‘Mixed Feelings’
6 GreenBiz:
Report Report - A business guide to the energy revolution
7 Utility Dive:
Ohio's new clean energy ballot initiative sparks concern among utilities
8 Wall Street Journal:
Ivanpah Solar Plant May Be Forced to Shut Down
Opinions:
9 Press Herald:
Republican initiative casts shadow over solar power bill
Have a great day!
Yann
Seems like there could be a bit of movement in Massachusetts. For the most part the net metering caps have been met for virtual net metering which has been one of the key drivers for growth in the C&I space. Much like the community solar discussion, virtual net metering gives a credit default buffer if the offtaker goes away with the term. Also one of the most expensive markets to work in, it needs a robust system in order to make sure solar keeps growing.
Opinion
News
1 Boston Globe:
Solar debate heats up as two-thirds of Mass. House push for pro-solar bill
2 Think Progress:
U.S. Electricity Sales Dropped In 2015 For Fifth Time In 8 Years
3 GreenBiz:
Residential solar's new boom market? Not wealthy enclaves
4 PV-Magazine:
Calls for UK renewable energy policy reform before the release of the budget
5 Renewable Energy World:
Germany Sparks Opportunity for US Exporters of Renewable Energy
6 PV-Tech:
Australian renewables jobs still decreasing due to employment efficiencies and policy attacks
7 New York Times:
The Financial Alchemy That’s Choking SunEdison
8 Bloomberg:
$2 Billion Loss for Generators as a Million U.S. Roofs Get Solar
Opinions:
9 Los Angeles Times:
Solar powering your home? An accountant and an economist weigh in
Have a great day!
Yann
The Low and Medium income solar customer is the new frontier and community solar can lead the way. LMI, as goes the acronym, is reached by community solar by taking away the credit risk. It also allows renters to take advantage of the low cost of solar for whatever time they are in the area. This concept is part of where solar really should be going because the overall concept of selling a 20 year contract is going to be outdated. Imagine if AT&T only sold cell phone for a 20 year contract.
Opinion
News
1 Greentech Media:
Making Community Solar Work for Low-Income Customers
2 Bloomberg:
Solar Securitization Deals Picking Up, Poised to Top 2014 Record
3 Renew Economy:
New modelling shows renewable-based system cheaper than fossil fuels
4 Think Progress:
Kasich Bashes Clean Energy And Climate Action At Ohio Town Hall
5 Solar Industry:
Ontario Reveals Winning Bids Under Large Renewable Procurement
6 Utility Dive:
New Hampshire House passes bill to raise net metering cap to 100 MW
7 BBC:
World Business Report - Solar power 'can compete' with conventional electricity generation
8 WWLP:
New guide aims to help steer solar energy into low-income communities
Opinions:
9 Seeking Alpha:
Bleak Future For Vivint Solar After Acquisition Termination
Have a great day!
Yann
