Both of the top stories today are directly related. Wholesale DG and other wheeled power is taking big users off the grid managed by utility monopolies. Large scale solar is offering long term stable pricing that is at or below the cost of other power generation. Additionally, going out on their own, large users act on their own behalf and find the best deals for them as opposed to the best interest of the shareholders. In Nevada, 3 casinos are planning on leaving the grid and shed 7% of the total load provided by NV Energy. And the fight is over 235MW of residential solar???
Yann
News
1 Utility Dive:
Major Las Vegas resorts get price tag for grid defection
2 Wall Street Journal:
Next Texas Energy Boom - Solar
3 PV-Tech:
Solar project finance takes 20% of Q2 US clean-tech investment - PwC
4 Huffington Post:
Green Energy Is Generating Jobs
5 CleanTechnica:
Trade Partners Brazil & Germany Commit To Strong Climate Partnership
6 Solar Power Portal:
Trade associations chastise pre-accreditation proposals in DECC letter
7 PV-Magazine:
France doubles the size of its large-scale PV solicitation to 800 MW
8 Athens Banner-Herald:
Solar power ramping up fast in Georgia, but growth could slow
Opinions:
9 Staten Island Live:
Solar power - Is it worth the investment?
Have a great day!
Yann
These are the top 10 most read solar articles by your peers this week!
News
1 Washington Post:
Power companies may have found a new way to crack into the booming solar business
2 Buffalo News:
Schumer to seek change in solar tax credit in SolarCity visit
3 PV-Magazine:
16 US states consider changes to net metering
4 Business Journals:
Solar installers ask Duke Energy CEO for help; Duke says no
5 Vox:
Are solar panels right for you? Google's new mapping tool can help you decide.
6 San Francisco Chronicle:
Danny Kennedy, public face of solar energy, jumps to S.F. venture
7 24/ Wall Street:
Are Solar Energy Yieldcos Worth More Than Investors Think?
8 Renewable Energy World:
Six Observations about the US Solar Industry Mid-2015
9 Las Vegas Review Journal:
GOP dares Hillary to talk net metering in Las Vegas
10 Reuters:
Solar is having a great year, except on Wall Street
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
Today we get to congratulate a solar friend and a friend of SolarWakeup, Danny Kennedy. As many of you did, I received a note from him yesterday telling me about his next move, a move that continues his drive to expand the growth of solar. After building out Sungevity to a global solar company and getting Sfuncube off the ground, Danny is now heading to CalCEF as its Managing Director. CalCEF works to expand cleantech companies including solar startups. As some investors are afraid that Google is “killing” cleantech startups, others are going out and making it happen! Congrats to Danny on the move.
Yann
News
1 San Francisco Chronicle:
Danny Kennedy, public face of solar energy, jumps to S.F. venture
2 Renewable Energy World:
Six Observations about the US Solar Industry Mid-2015
3 PV-Magazine:
Federal regulators clear SunEdison to acquire Vivint Solar
4 Bloomberg:
China’s Wind and Solar Developers Hit by Subsidies Short of Plan
5 Utility Dive:
Arizona regulators push TEP's proposed net metering cut to 2016 rate case
6 Solar Industry Magazine:
IT Industry's Solar And Other Renewable Energy Procurement Set To Climb
7 Orlando Sentinel:
Sizing up dueling solar proposals - Front Burner
8 Charlotte Observer:
Duke Energy seeks S.C. solar projects
Opinions:
9 Grist:
U.S. taxpayers are getting ripped off by fossil fuel extraction
Have a great day!
Yann
Ebbs and flows. Yingli was put on notice to get the stock price over $1 within the next 6 months which shouldn’t be a huge problem considering solar stocks have been hit pretty hard recently. While companies bulk up to take advantage of what is to be a record year in 2016, some have issues getting deals to close and rumor has some big names hitting snags. These are natural events in a growing market (solar is growing incredibly fast) that has some uncertainty in the near future. Investors that take the right risks will be rewarded, who’s taking the solarcoaster ride?
Yann
News
1 Buffalo News:
Solar tax credits called key to industry growth
2 PV-Magazine:
Official NYSE-delisting notice for Yingli
3 Washington Post:
Power companies may have found a new way to crack into the booming solar business
4 Bloomberg:
Canadian Solar’s Profit Slumps 68% Amid Yieldco Transition Plan
5 San Diego Tribune:
SolarCity takes on California utilities
6 PV-Tech:
UK prepares for battle over changes to solar feed-in tariff
7 Business Journal:
Solar executives holding out hope for renewable tax credit extension
8 ABC:
APS rooftop solar fee hike moves forward - solar advocates disappointed
Opinions:
9 Renew Economy:
Why ‘God parity’ will be the end of centralised generation
Have a great day!
Yann