Climate As Top 4 Issue. Joe Biden gave his nomination acceptance speech late last night at the DNC. Standing alone in an empty arena behind a podium the former Vice President and Senator outlined the 4 great issues facing our country. A pandemic, economic downturn, racial injustice and acceleration of the climate crisis. In this SolarWakeup forum, climate is a top issue, it is our call to action so to hear it elevated to the last speech on the last day of a party convention gives me hope that the issue now has the platform we’ve been calling for. The work doesn’t end here, more work has to be done so whether your work is through Clean Energy for Biden, local campaigns or advocacy or talking about this issue to republican members, your voice is as important as ever. As Biden laid out, the climate crisis is the problem with an opportunity to create millions of great paying jobs and cause the investment of trillions of dollars.
California’s Energy PR Debate. Who is to blame for the multiple stage 3 emergencies causing rolling blackouts in California? The debate rages online. Couple of data points. The first emergency started at 7pm, yet solar is somehow to blame for this emergency. Secondly, there was more natural gas feeding the grid this Friday evening than the same Friday in the last two years. The argument is that renewable energy advocates are so powerful in California that regulators had to also cancel fossil fuel development and generation. CPUC, CAISO and CEC signed a letter stating that renewables were not to blame.
The Jobs In CleanTech. The governor of New Mexico is on Axios to talk about jobs in clean energy and I urge job training entities in solar to get themselves ready and professionalize their outreach to legislators. Solar, wind and the energy transition will cause changes that impact real people’s lives. Coal plant operators will lose jobs and so will miners and train operators for example. We must be a welcoming industry with training and great paying jobs, which I know we are, but not everyone does.
The Money In Solar. SolSystems buys $200million in North Carolina projects, Blackstone injects $300million in residential solar loans and DOE advances perovskite R&D. Not bad for a Thursday.
Batteries In Market. Yesterday you read about the LS Power battery in San Diego, the largest in the world. Based on reporting the plant only had an RA contract but operated on a merchant basis through the energy crisis. In Texas there were also several battery plants operating without existing off take agreements. It is entirely possible that the annual revenue projection in the model was achieved in a weekend.
Buyer’s Group Update. For the second week in a row the buyer’s group has doubled in size. This is a program for installers by leveraging the aggregate scale in volume which levels the playing field while returning margin to installers across the Country. Through transparent pricing that we are actively negotiating with supply chain, you can not only see the trend line but actually lower your COGS. Join today at solarwakeup.com/pricing
- Reuters: Clean energy is not to blame for California blackouts, state agencies tell governor
- Axios: New Mexico Gov. Lujan Grisham on Biden’s green jobs and fracking plans
- PV-Magazine: Blackstone pumps $300 million into Loanpal’s residential solar finance platform
- Grist: Fire Drill
- Greentech Media: Capital Dynamics Makes Multi-Gigawatt Bet on California Energy Storage
- Utility Dive: Following outrage over Hurricane Isaias response, Connecticut bill would put utilities on the hook for outage costs
- Bloomberg: Solar, Wind, and Batteries Are All Grown Up
- SolarWakeup: There Is Data In Aerial Imagery with Tim Rochman from EagleView Technologies
Opinion
Best, Yann
The post This is your SolarWakeup for August 21st, 2020 appeared first on SolarWakeup.com.
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