Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

• Utility Dive: China is top cyber threat to US utilities, other critical infrastructure: CISA
• New York Times: Vermont Utility Plans to End Outages by Giving Customers Batteries
• Energy Storage News: FlexGen wants to be the ‘Microsoft Windows of energy storage’ for assets globally
• Bloomberg: Denmark to Revitalize Stalling Wind Industry With Local Cash
• Reuters: EUROPE POWER-Spots up on lower German wind supply
• PV-Tech: Grid connections in the UK- the impact on the renewables rollout
• Renewable Energy World: The tax equity rule with ‘dire’ consequences for clean energy
• PV-Magazine: California solar installation complete and ready for sheep grazing

Opinion

• Canary Media: Ohio’s climate progress stymied by political ploys

Best, Yann

I Sit Down With Energy Storage News. Last month, in Las Vegas, I had the pleasure to sit down with Andy Colthorpe of Energy-Storage News. This is the second year in a row that Andy and I have the chance to share notes on the storage market and how it may play out. Of course, I share our FlexGen notes as well. As the storage ecosystem evolves, it’s important for companies to clearly state what we wake up thinking about and for FlexGen it’s all about turning your batteries on and keeping them on with the operating system that’s 15 years in the making. The headline says it all, if you’re building a storage asset, we think it should run on FlexGen’s energy management system.

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

• Energy Storage News: FlexGen wants to be the ‘Microsoft Windows of energy storage’ for assets globally
• PV-Magazine: U.S. utility-scale solar to more than double installations year-over-year
• Bloomberg: Koch-Backed GameChange Solar Files Confidentially for 2024 IPO
• Canary Media: Chart: The world is approaching a peak in electricity emissions
• Axios: The U.S. doesn’t necessarily need China’s minerals for EV boom, experts say
• Reuters: Analysis – Exxon Mobil’s megadeal to test climate-aware shareholders
• PV-Tech: VPPs are already helping the grid, yet challenges around data still persist
• Renewable Energy World: Inverter manufacturer launches lifecycle servicing program as regulators warn of persistent performance issues

Opinion

• Utility Dive: No more delays or excuses – California must build clean energy now to replace fossil fuels

Best, Yann

US Goes Big On Minerals. America doesn’t nationalize industry but it has the tool belt of public private partnerships. Through direct investment, export/import banks and the loan guarantees, American companies can lead on a global stage to secure the supply chain that our Country needs for the next century.

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

• Bloomberg: US Turns to Private Investment for Critical-Mineral Projects
• Reuters: ‘Europe isn’t profitable’ – Solar industry warns of hurdles to EU’s green tech drive
• PV-Magazine: The race for 100% solar
• Energy Storage News: Sodium-ion energy storage firm Peak Energy launches with US$10 million investment
• PV-Tech: APAC to invest US$3.3 trillion in power generation over next decade, 25% towards solar
• Renewable Energy World: Michigan may be next to mandate 100% clean energy. What comes next?
• Axios: What Congress’ leadership turmoil means for energy
• Utility Dive: Skepticism persists around clean energy and grid reliability. Here’s how to fix that.

Opinion

• Canary Media: Can the US lead on clean aluminum? Ford, GM and others hope so

Best, Yann

Learn The Term, IBRs. That’s inverter based resources and NERC has it’s displeasure with how well they handle grid imperfections. I mentioned this would come to the headline a few months ago and now there’s some coverage. So now expect more specification, requirements of the inverters for the solar and battery projects that you’re building, investing in and owning. It also means, as the story explains, that projects need to be commissioned more carefully and operated with real-time capabilities so that a single asset doesn’t take down an entire grid.

Managing Installer Cash Flow. Interest rates are the highest in 22 years, increasing solar financing costs and softening consumer demand for loan products. Businesses are feeling the pain of strained cash flows, labor costs and profitability pressures. Palmetto, a B2B technology company accelerating the adoption of clean energy, has announced a new partnership offering for solar installers to help stabilize cash flows and grow faster in today’s market. Built on top of Palmetto’s Clean Energy Operating Platform, this is a comprehensive suite of tools and services enabling installers to streamline operations, optimize performance, and increase profitability. Visit https://www.palmetto.com/finance or contact capital@palmetto.com for more.

• Utility Dive: Battery storage failures highlight reliability challenges of inverter-based resources – report
• Politico: What McCarthy’s ousting means for energy
• Canary Media: California looks to add solar and transmission along highways
• Axios: Survey – Religion and race shape views on cause of climate change
• CNN: Pope Francis lambasts climate change skeptics and ‘irresponsible’ Western lifestyles
• Reuters: Europe could become energy self-sufficient in $2 trillion push – study
• Renewable Energy World: Duke Energy completes sale of commercial distribution generation portfolio to ArcLight
• Energy Storage News: Over 400MW of solar-plus-storage projects win Innovation Tender contracts in Germany
• Bloomberg: EU Formally Opens Subsidies Probe Into EVs Made in China
• PV-Magazine: High resolution satellite imagery for residential PV system detection

Opinion

• Solar Builder: Robots on the rise | Part 1 | Solar jobsite automation provides more than meets the eye

Best, Yann