4Q Speeds Behaving Much Better Than 3Q – Regional Mix Reads Positive For AGR [Windometer]
Weekly Observations Mixed wind resource data last week. Throughout the East coast / Midwest, wind speeds were very good, driving almost 50% increases in generation in the region. However, west of the Mississippi much slower, with generational falling across the board For the quarter, wind speeds are tracking inline with year ago levels, performing much […]
Weekly Permits Pause, Catch Breath After Running Hard Past Few Weeks [Solar Permit Weekly]
Weekly Observations Weekly permits held flat this week – been running pretty hot since mid-September Texas, Midcon, Rockies experiencing the most growth in permit activity last few weeks. West coast firm as well, but coming off much higher base From seasonal standpoint, should see permit levels start falling as we get deeper into November Join […]
Slow Speeds In California And Eastern States Sunk Wind Resource This Week [Windometer]
Weekly Observations Another week of poor wind resource. October wind speeds tracking down 8% y/y, driven by slow wind speeds in California and Eastern states Northwest is the one area where wind speeds have been firm through October Despite poor wind speeds, wind power generation is doing ok due to higher capacity (new farms online). […]
Generation Strength Contradicts Resource Trends [Windometer]
Weekly Observations Wind generation tracking flat to slightly higher this month / QTR Generation in contradiction to the wind resource, which has been tracking down last several weeks…looks most abnormal in California and Texas, where October wind speeds are down 10-20% by win generation is UP. Will continue to monitor / investigate Northwest […]
October Strength On full Display Across The US Market [Solar Permit Weekly]
Weekly Observations Weekly permits have continued to be strong through October. Still picking up some from last week, but October will likely be record high month when complete October is tracking up 17% compared to a year ago. Strength has generally been across the board, with Texas an Midcon being standouts (were starting […]
After Another Uptick, The Residential Market Is Firmly Above 2019 Highs [Solar Permit Weekly]
Weekly Observations Another solid pickup w/w, and now firmly above the highs of last year October also off to strong start – up 12% compared to a year ago YTD now up ~3% y/y – on track to be up 5-10% for full year 2020 (assuming momentum carries through next 6 weeks) Join […]
Very Strong Week For Wind – Big Y/Y Speed Gains Drive Production Higher [Windometer]
Weekly Observations Very STRONG week for wind. Speeds up 25% compared to a year ago, driving 38% increase in production October wind generation and utilization still lower compared to year ago, but coming back fast Only wind area that lagged was West / North Texas where speeds were down again this week (also lagging in […]
Call It A Comeback… Solar Permits Returning To The Peak [Solar Permit Weekly]
Weekly Observations Solar permits bumped up again this week, now close to the highs of 2019 @ 1,400/week. For September, another sequential increase, and marked the first YoY gain vs last year. East Coast and Southwest have been strongest. Should set up for strong installations in Q4 For YEAR IN TOTAL, solar permits on track […]