I’ve been asking you for two years to take the ITC extension seriously and the finish line is in sight. Solar got a great deal and we have to push it full force over the finish line. Congress needs to vote on the bill as written and we have to make sure no changes are made. So let’s not rest now and make the calls that we still need to make. Go back to the Team Solar website and call your congressman and Senator, especially Democrats. Compromises had to be made so let them know that the compromise was worth it to you.
Opinion
News
1 Fox News:
Congress won't vote on $1.1 trillion spending bill until Friday, forcing another stop-gap measure
2 Bloomberg:
Solar Companies Surge as U.S. Tax Credit Brings Early Holiday
3 Greentech Media:
Investment Tax Credit Extension Would Increase US Solar Installations 54% Through 2020
4 Renewable Energy World:
Making Sense of the Tax Credit Extensions for Wind, Solar (and Bioenergy, Too)
5 CleanTechnica:
How The Grid Works, & Why Renewables Can Dominate
6 Los Angeles Times:
California regulators propose new rooftop solar fees
7 PV-Magazine:
Brazil launches incentive program for distributed generation
8 PV-Tech:
MIP failings prove EU is being protectionist, says Chinese diplomat who negotiated solar deal
Opinions:
9 New York Times:
Expected Repeal of Oil Export Ban Unlikely to Have Immediate Impact
Have a great day!
Yann
It’s a great day! It looks like we have a deal, a 5 year extension on the ITC at 30%, congratulations to everyone in solar. We don’t have to agree on everything but we can always agree about two issues, a long term ITC and robust NEM policies. Ever since the Solar Pledge, we have come together, moved our associations to fight for our businesses and make an impact. Yesterday, the CPUC came out with a filing that makes CA NEM 2.0 look very strong, more work to be done. In D.C., congress looks like they came together on a bill that includes spending, tax extensions and the lifting of the oil export ban while giving us the ITC extension we needed. Go ahead and enjoy the day, you fought hard with your voices to get it done.
Opinions
News
1 The Hill:
Spending deal to lift oil export ban
2 Bloomberg:
Solar, Wind Shares Jump as U.S. Nears Deal on Tax Credits
3 PV-Magazine:
BREAKING - California regulators propose to keep solar net metering, with modifications
4 Greentech Media:
Sungevity Raises Giant $600M Fund From Apollo to Finance Residential Solar
5 Renew Economy:
Paris deal - Great for wind and solar, and a $46 trillion hit to fossil fuels
6 Tech Insider:
Elon Musk just made a very important point about solar energy
7 Think Progress:
Marco Rubio - Paris Climate Deal Is An ‘Unfunny Joke’
8 Grist:
Will the financial world wake up to clean energy thanks to Paris?
Opinions:
9 NRDC:
West Virginia - An Unexpected Example Of Why Extending The Solar Investment Tax Credit Is So Important
Have a great day!
Yann
This year you get to buy your own Christmas present and you better because you will be paying for it. At over $1trillion, the spending bill may have a lift of the oil export ban included but it is what we can get in return that we have to call for. The ITC is a potential offset, politically, that the White House and Democrats could push for. Our job to make sure that they know we care so take the day off and make your calls to every office in DC that you can think of.
Opinions
News
1 New York Times:
Congress Inches Toward Completed Spending Bill
2 Bloomberg:
Trina Founder Seeks to Take Biggest Solar Company Private
3 Greentech Media:
First Solar’s Cautious 2016 and 2017 Outlook in a ‘Defining’ Year
4 US News:
Yieldcos Offer a Bright Spot for Solar Investors in 2016
5 PV-Magazine:
Paris Agreement heaps pressure on UK solar approach, says industry
6 Grist:
North Carolina town bans solar for fear it will “suck up all the energy from the sun”
7 Zacks:
Why Are Solar Stocks Up Big Today?
8 Quartz:
Nigeria is betting on solar power to reach a million homes without access to the grid
Opinions:
9 Miami Herald:
Sign up for solar choice
Have a great day!
Yann
195 Countries came together and made a deal. What’s in the deal, what’s not, is a bit secondary in my opinion. You will read plenty in the analyst circles including some articles today. Sentiment is sometimes more important that facts, take the stock market as an example of things that are impacted by how people feel. Fossil fuels are clearly falling out of favor and solar is making headway around the world. Somewhat of an economically driven (moreso than morally driven) decision but that doesn’t bother me. This will be a good week.
Opinions
News
1 Vox:
The world just agreed to a major climate deal in Paris. Now comes the hard part.
2 Greentech Media:
How the Paris Climate Agreement Could Impact the Global Solar Market
3 Wall Street Journal:
Obama Faces Political Fight at Home Over Climate Deal
4 Bloomberg:
Big Oil, Make Way for Big Solar. The Winners and Losers in Paris
5 PV-Magazine:
Chile's new 600km long transmission line can boost renewables
6 PV-Tech:
PV tenders in Germany oversubscribed again
7 Renew Economy:
How rooftop solar is causing big falls in peak demand
8 Herald Tribune:
Major utilities pour money into solar initiative
Opinions:
9 Huffington Post:
Work Starts Tomorrow, But For Today, Congratulations
Have a great day!
Yann
