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• NPR: 1A Remaking America – Can Solar Power Help Fix Drought-Ravaged Farmlands?
• Canary Media: Here’s the good and bad news on the US clean energy transition
• Bloomberg: Republicans Are Splitting Their Party Over Clean Energy
• Utility Dive: RWE completes $6.8B acquisition of Con Edison Clean Energy Businesses
• Axios: Solving oil’s Goldilocks problem
• Reuters: Portugal’s EDP to invest $27 billion to nearly double renewable capacity
• PV-Tech: Shoals Technologies sees revenue and EBITDA up 50%, announces interim CEO
• Energy Storage News: Energy storage everywhere at once – Inflation Reduction Act creates viable clean energy economics
• PV-Magazine: U.S. solar workforce needs to double in less than a decade

Opinion

• NYTimes: The Promise and Peril of Biden’s Climate Policy

Best, Yann

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

• Bloomberg: Australia Prepares for a Power Grid Without Spinning Turbines
• The Guardian: Solar to soon offer grid more capacity than coal, consultancy says
• Utility Dive: NARUC examines how states can make power grids more flexible with performance-based mechanisms
• Reuters: Factbox – Tesla CEO Musk to unveil Part 3 of Master Plan at Investor Day
• Energy Storage News: Available Power and Hitachi Energy’s JV entity target 1GW deployments in Texas market
• Canary Media: Here’s the good and bad news on the US clean energy transition
• PV-Magazine: OYA Renewables closes financing for New York community solar pipeline

Opinion

• Grist: US solar and wind surged in 2022

Best, Yann

Reserve Margins Shrinking. It’s not the physics that will make a market but the grid operators that take the physics, or in this case the fact that reserve capacity is shrinking, and create the pricing signals that will drive a market forward. For PJM, the vast expanse of the grid, addition of a lot of renewable energy like offshore wind, and retiring power plants, will require more flexibility in the grid in addition to the additional capacity that will need to be built. In the meantime, we know what the grid needs but grid needs are not enough to get project developments through an investment committee.

Tax Credits Drive Markets. Economic growth and investments in the US economy have long been directed through tax credits. While some consider this government aid, it’s really a driver to move private capital into direct investments for economic growth. Mortgage tax deductions and charitable donations are there to incentivize particular use of your personal dollars. MACRS bonus depreciation or manufacturing tax credits do the same, create a positive financial adder to the overall investment thesis that the economy is looking to expand beyond organic growth. If the tax credit doesn’t work, it costs zero. If it works, you get economic growth, so you have a win-win situation.

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

• Utility Dive: PJM capacity prices fall 15% for most of grid operator’s footprint as total cost remains steady at $2.2B
• Bloomberg: GOP Governors Tout Green Bona Fides Amid Anti-ESG Backlash
• New York Times: Biden Is Betting on Government Aid to Change Corporate Behavior
• Energy Storage News: West Virginia governor Justice officially signs off on US$105 million for Form Energy’s iron-air battery plant
• Renew Economy: Rooftop solar set to eclipse coal as installations reach more than 20GW
• Reuters: Japan can achieve 90% clean power share by 2035, US study finds
• PV-Magazine: Where renewable energy policies are working in 2023

Opinion

• Solar Builder: Report – Over $82M in solar revenue lost due to equipment anomalies in 2022

Best, Yann

It’s A Great Story. The job transition storyline is one of the best of this industry and now more than ever, there are great jobs to get for all types of folks in the solar, storage and clean tech space. People with different backgrounds and experiences coming together from afar to build towards a common goal. The opportunities now span the spectrum and include major abilities to advance and even make great money. 

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

• New York Times: As Oil Companies Stay Lean, Workers Move to Renewable Energy
• Energy Storage News: Wider portfolio and management team key to securing investment in individual BESS projects
• Utility Dive: PJM launches fast-track capacity market reform process in face of shrinking reserve margins
• PV-Magazine: Court rules that inverter sizing guides grid connection
• Canary Media: More money for US battery recycling – DOE offers $375M loan to Li-Cycle
• Axios: America’s growing hurricane wind problem
• Reuters: Vattenfall urges EU to make green power investments attractive
• Bloomberg: Payouts on Biggest US Power Grid Fall 15% in Auction

Opinion

• Inside Climate News: Illinois Put a Stop to Local Governments’ Ability to Kill Solar and Wind Projects. Will Other Midwestern States Follow?

Best, Yann