Solar Energy Industries Association’s Post

The 2024 Federal Budget locks in $21 billion worth of new funding initiatives under the Future Made in Australia Act policy ($22.7bn including the $1bn Solar SunShot and $466m PsiQuantum funding), as announced by Treasurer Jim Chalmers. The Albanese Government has responded to calls from the Smart Energy Council and the orgs we stand proudly with 🤝 This is a budget our businesses can bank on as they build Australia’s smart energy future. With the incentives announced tonight, our smart energy industries will stay in Australia, rather than get lured offshore. Tonight is a strong win for Smart Energy; a strong win for Australia. Anthony Albanese Chris Bowen MP Tanya Plibersek Heidi Lee Beyond Zero Emissions Marilyne Crestias Clean Energy Investor Group John Grimes Saul Griffith Dan Cass Kate Minter Tim Buckley Climate Energy Finance Rewiring Australia Climate Capital Forum Blair Palese Ethinvest Uniting Australian Council of Trade Unions (ACTU) #SmartEnergy #FutureMadeInAustralia

The definitive overview.

Thank you to Patrick Decostre, Mike Crawley and John Kousinioris, President and CEOs of Boralex, Northland Power and TransAlta, for your participation to the "Race to Net Zero" panel at the 11th edition of the Bloomberg Canadian Finance Conference, proudly sponsored by National Bank Financial Markets. Your perspectives on the power markets were very insightful and quite helpful to see through the challenges and opportunities that the industry is currently facing. A few take-aways for the ones who did not attend: i) Significant incremental renewable generation capacity will be required over the next decades to decarbonize Canada's power grid ii) Consistency and predictability in power procurement processes is paramount for the whole industry to mobilize and deliver on required growth iii) Grid interconnectivity is necessary to ensure resiliency and affordability iv) Discipline in capital allocation is key for value creation and ongoing access to capital v) There are so many business opportunities ahead for our Canadian IPPs and they benefit from decades of experience to capitalize on them!!

Independent schools, here’s an exciting opportunity! The Inflation Reduction Act (IRA) enables tax-exempt entities to monetize their clean energy credits through direct cash payments. By investing in renewable energy technologies, schools can reduce their carbon footprint and receive significant financial benefits. In the latest Net Assets article, principals from CLA (CliftonLarsonAllen) share how your institution can take advantage of these credits and contribute to a greener future. https://lnkd.in/eCNiHyw9

*What are the attractive sectors and approaches in UK infrastructure today?* AlphaReal’s Edward Palmer spoke on this topic at Room151’s LGPS Private Markets Forum. His key points: ⚙️Approaches - An unlevered equity approach to UK infrastructure could provide an ideal balance of returns and cash flows for LGPS investors today, complementing more widely used debt and levered allocations. 🏥Sectors - Renewable and social infrastructure are two attractive sectors that can complement more traditional infrastructure allocations. 🇬🇧 UK opportunity- There is sufficient unlevered infrastructure opportunities in the UK to meet investor demand. These allocations can also align with wider UK impact investing goals. Thank you to the other panelists Aoifinn Devitt, Adil Manzoor FCA, Nadeem Hussain and Stephen Dowd for a thought provoking debate on the topic. #renewables #socialinfrastructure

Installing solar panels on your home may seem like a great idea, but knowing the costs and the return on investment is critical. The costs are equal to the return over the panels' lifetime, so it's a break-even investment.

We see energy transition as a tailwind for several companies in our portfolio, especially after the passing of the Inflation Reduction Act in the US and similar government support programs around the world

☀️ 🌱 Is Photovoltaic worth the Investment? 🌱☀️ Learn more in our case study on last years performance of a residencial building with a 20kWp PV, a heat-pump and a BEV near Bonn, Germany.

One of the hottest topics at this year's GPC Conference is climate investing, with Torbjorn Caesar, Daniel Calderon, Emmanuel Lagarrigue, Sola Lawson and Vijay V. Vaitheeswaran coming together yesterday on our ‘How is Energy Investing Translating Into Returns’ panel to discuss the future of climate investing and technology. Read more about this insightful panel and the conference on The Wall Street Journal in a fantastic article by Luis Garcia: https://hubs.la/Q02qYdDk0 #GPCC24 #GlobalPrivateCapitalAssociation #WSJ #TheWallStreetJournal #privatecapital #climateinvesting #energytransition #GPCA Actis Alcazar Energy Partners KKR African Infrastructure Investment Managers (AIIM) The Economist

Domenico Vinci, CEO at #GreenHorseFinancial, has been interviewed by Sergio Matalucci at pv magazine Italia about the impact the rise of the #interestrates had on the #solarmarket and what we can expect in the next months.   Some take-aways from the interview:   - The structural shift from a market driven by zero rates during the period 2014 – 2022 to a financial market characterized by high rates has significantly affected the PV sector and, more generally, the infrastructure sector, which traditionally seeks and requires long-term financing to cover the high initial and construction costs of RES plants; - Investors’ decisions have been highly impacted by this tendency as it has determined higher cost of financing and higher returns for alternative investment opportunities, such as bond instruments or real estate investments; - Furthermore, we witnessed a progressive and gradual downward repricing of PV plants valuations over the course of 2023, very significant, in some cases even 40-50% compared to the reference prices observed during 2021-2022. In addition, there was a significant lengthening of the timeframes for M&A and financial closings; - However, the PV sector benefits from a structural growth trend, public support, and various correction and mitigating factors. - Despite the context of high interest rates and the impact of the so-called “supply shock,” the PV industry in Italy has shown remarkable resilience over the course of 2023, confirmed by a 111% increase in installed GW in 2023 compared to the previous year, a sign of continuous expansion and adaptability of the sector; - The market has reached an equilibrium in terms of pricing on the assumption that interest rates have reached their peak and in anticipation of a reversal in the monetary policy cycle by the Fed and ECB, with expectations for the first cuts already by the end of 2024; - The market is already benefiting from this equilibrium with a significant reactivation of M&A deals both in the PV sector and in other renewable technologies. Potential future interest rate decreases could drive a further acceleration of investment decisions by financially mature institutional investors in the sector, consequently supporting the realization of new plants. - Clearly, the future trend of interest rates will need to be assessed in the context of other market and regulatory variables that contribute to investment decisions such as the evolution of electricity prices, the evolution of the costs of constructing PV plants starting from raw materials, and support and incentive policies.   Full article here: https://lnkd.in/dJz-HZhv