Post by
ugluuak on Nov 07, 2024 10:49am
Trump Da IRA Dump !
The future power grid requirements $$$ will dictate the progress of residential and small business solar VPP and BESS.
I am somewhat puzzled by Freyr leaving, for now, the Battery sector and out of nowhere joining the solar panel production with the acquisition of Trina in Texas.
Yes Itochu had an interest in both companies Freyr / 24M and they likely still have.
This is a real flip but the market will dictate that the solar panels come first and with the protectionist Trumpers the Chinese Trina would have some troubles.
It is all about cost. Getting costs down without tax credits and subsidies.
The power grid companies getting into roof top leasing is also intriguing.
Itochu has to be involved.
Eguana has no petty cash for office pencils.