Shoals Hitting Stride. The freshly public company is making waves for taking share of making solar farms work. While the noise is usually for the big capex, Shoals represents a fraction of the project spend but an important component that makes it all stay operational. This continues to be a great success story in the solar market.

The Texas Gambit. Texas Senate approved an anti-solar piece of legislation this week that would increase regulatory hurdles to achieve development while increasing taxes on the power plants as well. The bill needs to clear the State House to see if it becomes law.

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• PV-Tech: Shoals Technologies’ adjusted EBITDA up 119% in Q1 2023
• Utility Dive: Hawaii leads the way on advanced rate design with default time-of-use rates, fixed charge innovations
• Washington Post: Why Texas, a clean energy powerhouse, is about to hit the brakes
• Bloomberg: Duke Energy Sees Writedowns for Renewable Unit Being Sold Swelling to $1.5 Billion
• Axios: The COVID pandemic was not an oil inflection point
• Canary Media: Silicon Valley Bank is back to financing community solar
• PV-Magazine: Scientists warn of heat-induced failure risks in HJT glass-backsheet PV modules

Opinion

• Reuters: COLUMN-Drive to keep cool kicks off peak US power emissions season – Maguire

Best, Yann

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• Utility Dive: PNM proposes non-wires battery pilot to address overloaded feeders at solar facilities
• Reuters: Germany will have to import 70% of green hydrogen – econ minister
• Bloomberg: Actis Sets Up $500 Million Renewables Platform in Japan
• News4Jax: Federal agents issue search warrant at solar panel plant at Cecil Commerce Center
• Axios: Intense heat waves occur primarily because of climate change
• Vox: Why most car dealers still don’t have any electric vehicles
• Canary Media: A California bill could help EVs prevent blackouts
• PV-Magazine: The income graduated fixed charges in California will harm customers with low electric bills

Opinion

• The Atlantic: The Billion-Dollar Ponzi Scheme That Hooked Warren Buffett And The U.S. Treasury

Best, Yann

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• Energy Storage News: US utilities can leverage VPPs to save billions, Google-commissioned report finds
• New York Times: Backup Power – A Growing Need, if You Can Afford It
• PV-Magazine: NEM 3.0 sparks the growing potential of virtual power plants
• Bloomberg: Why the Fight for ‘Critical Minerals’ Is Heating Up
• Reuters: Israel to boost energy storage with eye on facilitating Sabbath supplies
• PV-Tech: Solar industry reacts to Senate’s vote to remove Biden’s import tax waiver
• Canary Media: Chart – EVs could make up more than a third of global car sales by 2030

Opinion

• Utility Dive: As Shell and other oil and gas majors adopt clean energy strategies, how should electric utilities respond?

Best, Yann

NEM Suit Is On. A lawsuit trying to get NEM 3.0 back to the negotiating table is on. My opinion is that advocates should focus on increasing the value of DER and storage in the home to create revenue upside.

Lease, Loan. Platforming Installer Access. The lease is back, you see that in earnings releases but why? Is it because the systems have gotten too complicated? Is net metering confusing the homeowner and they just want an easy button? Or is it in the interest rate spikes? Leases have never been that accessible or profitable for installers so how can they get platformed for installers in a way that gives consumers more choice?

Cinco De Mayo. Happy 5/5! Send me your recommendations for your favorite tequila

The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here

• Axios: The tricky politics of the electric vehicle revolution
• PV-Magazine: California utilities commission sued for gouging rooftop solar payments
• Utility Dive: New York Power Authority given broad authority to own, operate, build and finance renewable energy projects
• Bloomberg: Solar Panel Orders Point to Clean Energy Boom From US Climate Law
• Reuters: Exclusive – India amends power policy draft to halt new coal-fired capacity
• Solar Power World: Solar and Storage Industries Institute starts year long project to reform large-scale interconnection practices

Opinion

• Energy Storage News: Australia to begin ‘energy storage target’ tenders this year, details to come in Budget

Best, Yann