This is your SolarWakeup for April 2nd, 2018

No April Fools. Use APRIL40 for 40% off your ticket to our exclusive event in San Francisco. There’s a single sponsor interview slot left if you are looking to reach the SolarWakeup audience with your message. As anyone that has come to our previous events will say, this isn’t the biggest crowd but its the most influential. Again, use APRIL40 to get 40% off your tickets.

Cheap Solar, Now Value. The BNEF report pretty much confirms reality. The battle for price of energy output has been won by renewables. No fuel cost assumptions make certain of that fact. There is no longer the need to battle for cheaper now that we’re sub 3 cents in sunny areas. Now is the time to talk about system value, value of DG, value of storage and putting some of that value into the ecosystem. That means contractors investing in higher margins for higher quality. Buying better roof mounting that doesn’t leak. Most of all we all need to invest in margins.

Legacy Power, Legacy Tricks. First Energy has been pushing for coal and nuclear subsidies through all the avenues, FERC, DOE and the White House. On Friday, it asked for emergency bailouts for the power plants that are not providing value to the system and have the Trump administration guarantee profits to the ailing power plants. After no positive response on the request, First Energy went to bankruptcy court late on Saturday to file for chapter 11 and look to restructure debt. Within the last 12 months I still had conversations with private equity firms that were open to acquiring these types of power plants but I have to think that those days are quickly ending.

Subsidized Manufacturing From Jinko. I enjoy the irony of the solar manufacturing plant receiving subsidies from the Florida government in response to a global tariff against solar modules because the foreign manufacturers are…subsidized. Explain the nuance of a State that is anti-solar, anti-competition for solar projects that is making the headlines by putting together subsidies with guarantees from ratepayers. This isn’t Jinko’s fault, they are a bystander in this and I want them in Florida. But more importantly, I want solar to be allowed to compete here.

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Have a great day!
Yann

Renewables, FTW! Price Drops Send Natural Gas Reeling

By Frank Andorka, Senior Correspondent What Happened: For. The. Win. A new report by Bloomberg New Energy Finance suggests renewables’ prices are falling so quickly that coal is dead and even natural gas may be on its deathbed. The cost of new solar plants dropped 20% over the past 12 months, while onshore wind prices dropped 12%, according to the latest Bloomberg New Energy Finance (BNEF) report. Since 2010, the prices for lithium-ion batteries — crucial to energy storage — have plummeted a stunning 79 percent, the report also indicates. The kill quote: “The economic case for building new coal and … Read More →

Jeff Flake Doesn’t Understand Baseload Power

By Frank Andorka, Senior Correspondent What Happened: People, I know he’s darn purty, but seriously, if you care about the future of energy in this country DO NOT think Jeff Flake is a 2020 savior, no matter what Sean Penn tells you. He doesn’t even understand the basics of energy baseload. In a recent speech at St. Anselm College’s New Hampshire Institute of Politics, in what was widely reported as the first speech of the 2020 Presidential campaign, Arizona (Short-Time) Senator Jeff Flake said that maybe, just MAYBE, the Republican Party should consider accepting climate change science and consider doing something … Read More →

This is your SolarWakeup for March 30th, 2018

Happy Passover to all getting together for some family gathering, this is the thanksgiving for jewish families filled with plenty of loud cross talk. Happy Easter to all of you as well, enjoy those golden goose eggs. Have a great weekend.

Compete On Price. BNEF’s newest report should go on every State Legislator’s desk. I don’t know how many there are but assuming 7,500 legislators, printing and mailing costs, that would be a $75,000 expenditure that could yield some interesting feedback. Renewables are cheaper, the goal we were told would get solar into the game. In Florida, regulators now go with the more expensive version of solar but that’s an argument for another day.

The Market Trump Ignores. In all of this trade talk, when has the silicon manufacturing been mentioned? It was forgotten during 201 and it doesn’t come up now. These are billion dollar plants that are sitting idle because the product is being lost in the trade war. Time to get Hemlock and REC onto a pedestal and get them to scream a bit louder.

EPA Lunacy. First class flights, soundproof booths, forgetting the word climate change are all minor compared to the regs that have been pushed aside by Pruitt. Now that it has come out that Pruitt is renting an apartment from a lobbyist, I wonder if you can smell the swamp as well.

Let’s Meet. Couple of events planned. SolarWakeup Live! in San Francisco on April 10th, on the 13th I’ll be at the TomTom Festival in Charlottesville moderating a panel on solar financing and I’ll be interviewing Greg Ridderbusch CEO of Connexus Energy at the Midwest Solar Expo on May 2nd. I always enjoy meeting you in person, come on out.

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Have a great day!
Yann

This is your SolarWakeup for March 29th, 2018

Insanity. You know what they say about the definition of insanity. Now you can say the same about SolarWorld. Apparently the Qataris have lost their appetite for giving Asbeck money to run a solar company. The newly founded SolarWorld Industries Gmbh has filed for insolvency after less than a year since acquiring some of the SolarWorld AG assets. This does not affect the SolarWorld USA entity except for the brand value which is testing the limit to zero.
Zombie Lie, Take 72,431. Just when we get this amazing data from CAISO and how net metering helped reduce costs to the California ratepayers, a UC Berkeley professor comes out with some “why am I paying for solar” blog post. I don’t this for a fact but I am sure that some digging would reveal the foundation of the professor’s motive that caused this blog post to come out. Thanks to the reporters at the Mercury News for listening to my response and reviewing the CAISO data point for a follow up piece. Frank gives you his take on yesterday’s top story.
Did You Listen? An engaging interview guest makes any interview easy, sometimes trying to get 30 minutes of content is difficult but sometimes its hard to keep 30 minutes to under an hour. That was my conversation with Ryan Popple, the CEO of Proterra. Most cars drive less than 40 miles per day which means the energy impact from EVs is less than a third of a mass transit without accounting for the scale of the energy density. If every bus were electrified, we’d all be better off and Proterra would be a big winner. Listen to my conversation with Ryan, here.
Big Storage, Big Money. What if I put out a press release saying that I was investing $8billion into energy storage over the next 17 years, think Reuters would pick it up? No, because it’s not news. Solar did north of $20billion last year and there aren’t enough projects for real capital providers out there. EDF could do $8billion, likely will do $8billion but if they don’t someone else will.
Do You Geothermal? Sometimes your friends leave solar and that’s sad. But sometimes they go and do cool things like join a Google X spinout and change the geothermal world. Congrats to the team at Dandelion for a big capital raise. Maybe geothermal wakeup is next?
Using PACE? It’s never been easier and more accessible. With States jumping on the PACE bandwagon, check your area and get a CleanQuote to see the latest pricing for PACE right from solarwakeup.com, just click on the link below.
Close To Last Call. Only 20 seats left for SolarWakeup Live! SF. Come spend the afternoon hearing our podcast get taped live and get yourself onto the podcast by asking questions to the guests. We’ll be in Pier 17, in a wonderful intimate space. Tickets here, WAKEUP20 for 20% off.

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Have a great day!
Yann

Zombie Lie Returns; Time To Kill It Again

By Frank Andorka, Senior Correspondent What Happened: This fella right here – Lucas Davis,an Associate Professor of Economic Analysis and Policy at the Haas School of Business at the University of California, Berkeley – trotted out the zombie lie about the solar-customer cost shift again on something called “The Energy Institute at Haas” blog. If he would have picked up the phone and called down to the Lawrence Berkeley National Laboratory, they could have cautioned him against spreading this garbage. How many times to we have to debunk this before reputable people stop trafficking in this idiocy? I haven’t been able … Read More →

State-Level Solar Data Provides Hours Of Fun

By Frank Andorka, Senior Correspondent What Happened: The Solar Foundation released its follow-up to the National Solar Jobs Census 2017 in the form of its interactive state map, which: provides a remarkably detailed look at how solar is affecting the lives of people in your Congressional District. offers a historical look at the data for the same area. gives more granular detail on how solar is providing jobs and economic impacts on people – which can be used to inform lobbying efforts. SolarWakeup’s View:  Well, I know how I’ll be spending every waking moment this weekend – looking at The Solar … Read More →

This is your SolarWakeup for March 28th, 2018

Proterra Electric Buses, Podcast. Sometimes a 30 minute interview goes an hour, and it could go another 3 hours. That’s when you know you have the right conversation on track. This is what happened when I interviewed Ryan Popple, the former Kleiner Perkins partner and CEO of Proterra. Proterra makes electric buses, which if you think about it, has the potential of changing transportation. Buses are the most predictable vehicle in the Country, same routes every day. Engineer them to perfection and you have a golden ticket to removing idling diesel vehicles from this segment. Frank breaks down the conversation and I hope you enjoy this episode.

What’s New At Suniva? Filings are fun, sometimes tidbits are dropped about issues that impact our industry. SQN Capital gave a cryptic update that could give some hints as to what is next for the Suniva assets. Frank has the story and we’re keeping a close eye on for you.

Postcard From Down Under. When Audrey Zibelman left NYSERDA to head to Australia, I was hopeful that this day would come, and her point is spot on. She says it makes no sense that a grid built before the internet would have the right rules for the grid of tomorrow. In the 90’s it was okay to use a dial-up modem and have rolls of fax papers while using trunk mounted cell phones. Now is time to create rules that enable today’s technologies from using their full potential.

Come On AZ. If you ever think our industry is without really powerful adversaries, you are mistaken. Our adversaries are embedded all over the place, legislatures and Governor’s mansions. That’s why nuance matters and why legitimizing opposition is something I call out. When I see someone posting on LinkedIn that sitting on a panel with EEI’s Tom Kuhn is an honor since he’s an icon, I cringe. Especially when this person is supposed to look out for the best of the solar industry. It’s important to remember these aren’t peace times in policy, solar, storage and renewables are threatening an industry worth trillions of dollars and have been untouched for a century.

There Will Be Opposition. Why are EVs bad for unions? The Hyundai union head has some harsh words about the disaster they represent to the existing workforce. Labor that builds transmissions and engines are going to find themselves looking for new parts of the supply chain to work on. Good prospect is that we can see this coming and it won’t be abrupt from one year to another.

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Have a great day!
Yann

Proterra CEO Predicts EV Adoption Timeline

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