Thứ Ba, 23 tháng 6, 2020

This is your SolarWakeup for June 23rd, 2020

VC In Solar. We need some exits to really feed the excitement. With a recent wave of new climate tech venture capital funds being announced, some that have been investing for 2 years, I am looking forward to hearing about the exits and hopefully the next IPO. There’s been early investing in the software space and plenty of private equity action in the hardware and project side of the business. My expectation is that this really takes off but with a focus on margin, revenue and exits.

Margins For Stars. When you’re a contractor, service provider or other retail business then you make plenty of decisions based on the online reviews that will follow your decision. The biggest problem in residential solar has been bad equipment and the underpayment (or nonpayment) of labor related costs for a warranty claim. When an inverter goes down, the installers goes to the job to determine the cause of the issue. That truck roll is not paid for but required by the contractor. Then the inverter(s) get a return authorization from the manufacturer and gets replaced. Most of that time and cost of the replacement (material aside) gets covered by the installer. My point is that lower failure rates are worth far more than the original cost of the inverter.

TVA As The Leader. The TVA was a missed opportunity for our industry during the Obama years. First, it could have created a network of solar professionals, advocates and experts that have real utility work experience. Keep in mind that the TVA CEO came to California to take over PG&E as their CEO. The other part would have been the board of directors that guide the utility into the 21st century. If and when Joe Biden wins, this is where I am going to focus and I will be vocal about my desire to see some of you nominated to the board at TVA. This is a public entity and it should be shaped to our goals. Stay tuned for how you can get involved with Clean Energy For Biden.

Support CALSSA. Trade associations have lost quite a few revenue opportunities and CALSSA needs your help. You can support the team that supports your business by bidding on a silent auction with some good items. Please do what you can! Here is the link for the silent auction.

Bill Walton And Friends. In a fun event on this Wednesday, join me and basketball and broadcasting sensation Bill Walton at the virtual PAC-12 Sustainability Conference. This is a free event and if you’ve never seen Bill talk about solar, it’s a huge treat. Pass along the registration link to anyone that may want to join you. Don’t you think that every PAC-12 school should be 100% solar?

Clean Energy For Biden Event Alert. Today. Please Join Dr. Jill Biden along with Governor Kate Brown, Attorney General Ellen Rosenblum, and Labor Commissioner Val Hoyle for a virtual conversation! Sign Up Here!

Opinion

Best, Yann

The post This is your SolarWakeup for June 23rd, 2020 appeared first on SolarWakeup.com.


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