This is your SolarWakeup for March 12th, 2020

Market Survey Pre-Read. As we get through the many responses here are some early data points. 90% of you are somewhat or very concerned about coronavirus and more than 50% of you are adjusting your Q2 forecast downward. The survey appears to have come too early to find measurable change in consumer behavior or changes to pricing in systems, modules or other hardware. More data from the survey coming tomorrow including what steps respondents are taking to keep their business operational.

DC Quick Read. The bill of bi-partisan bills in the Senate was soaked in mediocrity that it failed to get the 60 votes it needed to get out of filibuster. We now wait to see what happens with the bailout, stimulus legislation that is circulating between the White House and Congress. The White House is floating headlines for oil and gas stimulus to see where the public gets excited including a payroll tax cut that moved the markets up on Tuesday while the House is floating a paid sick leave bill before their weeklong recess coming up. Apparently we don’t know what we don’t know so let’s wait and see.

A Trade Letter. Yesterday 140 companies signed on to another letter to the White House asking for tariff related relief, read the letter in the link in the 3rd story today. 

• Scientific American: Trump’s Next Chief of Staff Is Open to Doing More on Climate
• Greentech Media: Massive Senate Energy Bill Falters
• Solar Power World: 140 solar companies ask Trump administration to moderate panel tariffs
• Utility Dive: Indiana passes coal plant support bill as Democrats removed from conference committee deliberations
• New Hampshire Business Review: New Hampshire Senate digs deep into renewable energy policy
• Axios: Tesla weighs Nashville for new vehicle factory
• Bloomberg: Virus Threatens to Blunt China Solar Recovery on Project Delays
• PV-Tech: Daqo takes polysilicon production costs to solar industry record low

Opinion

• GreenBiz: Sound investments to decarbonize the world’s industries

Best, Yann

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