Utility Scale Solar UNDERAPPRECIATED (+ for FSLR, ARRY)
Despite a breakout year for U.S. utility scale solar installations in 2020, the magnitude of future growth is likely still being under appreciated. In this update, we explore a key leading indicator for utility scale solar expansion across the four ISOs that comprise the majority of this renewable market niche and discuss what it means for public companies in this space…
Residential Permits Sharp Rebound [Solar Stats]
Weekly Observations This Week. Recovering from last week’s weather, residential solar permits rebounded sharply, improving 20% w/w. Texas was the biggest gainer this week, with double the number of permits compared to the previous week and the highest weekly count since October. February / March. For February, permits landed up ~15% compared to January and […]
Solar Surge Post Texas Freeze
Recent solar search data from Texas suggests permit activity and installations could surge in the coming months… feature image photo credit: sunrun (a Brightbox customer home powered through the Texas blackouts)
Solar Industry Data vs Company Actuals / Guidance
With most residential solar providers now having reported, we have compared actual activity metrics disclosed with broader industry data.
Down Activity Week With Bad Weather [Solar Stats]
Weekly Observations This Week. After being firm for most of February, weekly permits declined by ~5% last week, primarily due to weather slow downs in Texas and Midcon. On the positive side, the Southeast / Florida was a notable standout last week, particularly with mid-tier installers like Posigen, Sunpro, and Blue Raven (publics have low exposure […]
Steady Gains In February [Solar Stats]
Weekly Observations This Week. Residential solar permits increased by 5% this week. Strength in the Southeast (Orlando, New Orleans), Rockies (Denver), and California was offset by lower permit filings in Texas and the East Coast February. For February, permits are tracking up almost 15% compared to January and year ago levels. Q1’21. Half way through Q1’21, […]
First Look At Data Behind ERCOT Power Stack Failure
Why It Matters: Data behind the current power crisis in Texas will have far reaching implications on how the state and the U.S. tackle power and renewables going forward. In this update, we have used the power data Lium regularly collects from ERCOT and the EIA to add some perspective on the current electricity crisis […]
Small Installers Losing Share To The Mid & Big
Continuing a multi-year trend, market share for the thousands of small installers has continued to…
Hawaii Solar Riding High…
Hawaii makes up an outsized portion of the U.S. residential solar market. Based on data collected recently, Hawaii solar installations have…
…But Hawaii Running Low On Juice
While Hawaii installations have been strong, permits have been so-so…