It comes up a lot, from solar executives, that the ITC should not be extended. Let’s talk some facts, most courtesy of GTM. A solar project is installed every 2.5 minutes. Which means that about $11k of tax equity is invested EVERY minute. In 2017, that will go down to about $3k if the rates continue. Even more important is to look at what markets will be affected by reduction. Homeowners that BUY solar cash or take a loan get NO tax credit. Utility scale still maintains a huge cost advantage over rooftop. If you want to make the news by being glib about ITC going away, go for it but you are hurting thousands of solar jobs in the process.
Yann
News
Opinions:
Have a great day!
Yann
Jam packed with trends that you need to follow in 2015. The first is another home security company (Protection 1) getting into residential solar. This is additive to their cash flow business as the race to own the homeowner continues. Any visitor to CES last week can verify the connected home trend. The second is the CPUC allowing utilities to own electric vehicle charging stations. A big win and one I support. For the first time, utilities take new market share from oil/fuel companies. Losing energy sales to solar is nothing compared to what EV charging will add to demand growth, charging stations are a key part of that infrastructure.
Yann
News
Opinions:
Have a great day!
Yann
Being everything for everybody used to be a flaw for solar companies. This stems from the past issues with confusing channel strategies and undercutting along the value chain. Today solar is different, planning includes partnerships, joint ventures and trusted supplier arrangements. This is part of the natural consolidation and growing up process for solar, where every player finds where they add the most value or they lose. Read today’s original story from Haresh Patel about proper forward planning.
Yann
News
Opinions:
Have a great day!
Yann
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.
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.
Top 10- Greentech Media:A Setback for SolarWorld and a Trade Case Win for Chinese Solar Manufacturers
- CNBC:The Big Apple takes a bite out of solar energy
- NPR:Utilities Fight For Revenue Lost To Solar Power
- CleanTechnica:The Three Biggest Solar Charts of 2014
- RE World:How to Get Famous in the Solar Industry
- AZ Central:Ariz. regulator chastises rooftop-solar industry
- Forbes:2014 Energy Story #1 - Collapsing Oil Prices And The (Non)-Effect On U.S. Power Markets
- Business Journals:Solar industry welcomes order that leaves N.C. solar regs intact
- Seeking Alpha:The Changing Political Climate's Impact On The Solar Industry
- RE World:Colorado Utility Leads the Way for Community Solar
- Have a great weekend:Yann
News
Opinions:
Have a great day!
Yann