#SolarTariff

[trendwireglobal]

Net Metering Shake-Up: Solar Tariff May Drop to Rs7.5-11 Per Unit Read More...

[gqresearch24]

Express Store At Gateway Mall To Close Amid Company’s Bankruptcy Filing And Sale

(Source-Joe Raedle_Getty Images North America_Getty Images)

The Express store located at Gateway Mall is set to shutter its doors as part of the company’s Chapter 11 bankruptcy filing and subsequent sale. On Monday, the clothing retailer disclosed its intention to file for bankruptcy while also revealing plans for a sale to WHP Global, alongside mall landlords Simon Property Group and Brookfield Properties.

As a consequence of the bankruptcy proceedings and impending sale, Express announced the closure of nearly 100 stores, including the Gateway Mall location. Although an exact closing date was not specified, liquidation sales commenced on Tuesday at all affected stores. Notably, Express maintains its presence in Omaha with a store, as well as an outlet store at Nebraska Crossing in Gretna, both of which will remain operational for the time being.

This development marks the second departure of a national retail chain from Gateway Mall this year, following Eddie Bauer’s closure in January. Meanwhile, in a separate realm of commerce, a coalition of US solar manufacturers has taken significant action by petitioning the federal government to impose tariffs on imports from four Southeast Asian nations.

Bankruptcy and Sale Plans

First Solar and six other manufacturers allege that companies in Cambodia, Malaysia, Thailand, and Vietnam are flooding the US market with inexpensive solar products, posing a threat to domestic industry. The petition, submitted to the International Trade Commission (ITC) and the Commerce Department, seeks a determination of harm to the domestic solar industry and the imposition of tariffs on imports from the aforementioned nations.

Upon news of the petition, shares of First Solar surged over 1%. The targeted companies, predominantly based in China, allegedly benefit from subsidies facilitated by the Chinese government’s Belt and Road Initiative, channeled through Southeast Asian nations.

Tim Brightbill, lead attorney for the petitioning manufacturers, emphasized the enforcement of existing trade laws rather than seeking preferential treatment. He highlighted the Commerce Department’s previous findings, suggesting circumvention of tariffs by Chinese producers through manufacturing relocation.

Impact on Solar Industry as US Manufacturers Petition for Tariffs

The manufacturers’ move has prompted mixed reactions within the US solar industry. While some express concern over potential market volatility and job losses, others view tariffs as necessary to protect domestic interests and achieve clean energy goals. Array Technologies, a solar tracking technology manufacturer, voiced opposition, citing potential setbacks to clean energy deployment and manufacturing objectives.

The global solar industry has experienced significant turbulence, with plummeting panel prices and supply chain imbalances exacerbating market dynamics. Treasury Secretary Janet Yellen signaled the Biden administration’s willingness to address subsidized clean energy exports from China, indicating potential tariff imposition following the completion of investigations. The ITC and Commerce Department are expected to conclude their investigations within 12 months, with preliminary determinations anticipated in four to six months. The outcome of these proceedings will significantly impact the trajectory of the US solar industry, shaping its competitiveness and sustainability in the global market landscape.

[ericvick]

Trump Thwarted in Latest Bid to Kill Solar-Tariff Loophole

InvestorPlace

Why Under Armour Stock Is Due for a Monster 2021

For years, Under Armour (NYSE:UAA) has been an eyesore in the otherwise burgeoning athletic apparel market, and Under Armour stock has paid the price. Over the past five years — while Nike (NYSE:NKE) stock has risen 100%, Adidas (OTCMKTS:ADDYY) stock has risen 300% and Lululemon (NASDAQ:LULU) stock has risen 600% — Under Amour has lost 75% of its stock’s value. Source: InvestorPlace

It’s an enormous discrepancy that can be explained by one thing: mismanagement of the Under Armour brand. Specifically, management missed the athleisure wave in the mid-2010s, and in order to compensate for that, decided to aggressively expand product distribution through lower-priced channels in the late 2010s. All that did was dilute brand equity, and further dampen demand at a time when the brand’s star athletes — namely, NBA superstar Stephen Curry, NFL legend Tom Brady and golfing star Jordan Spieth — started to lose popularity towards the end of the decade.InvestorPlace – Stock Market News, Stock Advice & Trading Tips That’s why Under Armour’s sales have risen a measly 13% over the past five years (which, in the athletic apparel market where Lululemon’s sales have doubled in the past five years, is nothing). But, amid the Covid-19 pandemic of 2020, Under Armour management has taken huge steps in order fix its enormous branding problem. These steps lay the groundwork for Under Armour to bounce back in 2021, and for the company to finally participate in what has been an enormous athletic apparel demand boom.

7 Smart Ways To Buy Cheap Stocks With Confidence

As that happens, UAA stock could have a monster 2021 showing. Under Armour Stock: What’s Going On? For years, the athletic apparel space was on fire as consumers pivoted toward more broadly wearing comfy athletic shorts, leggings and tees in all lifestyle settings. But, while the likes of Nike, Lululemon and Adidas reported huge growth quarter after huge growth quarter, Under Armour has not. Sales in 2019 rose 3%. They rose just 4% in 2018, and 3% in 2017. That’s anemic growth for this industry. What’s going on? Branding problems.

Specifically, because Under Armour missed the boat on the athleisure trend in the mid-2010s, the company tried desperately to play catch-up in 2017, 2018 and 2019 by selling a ton of product into lower-priced channels, like Kohl’s (NYSE:KSS), on the idea that selling discounted product would increase brand reach. It didn’t. Instead, all it did was dilute brand equity, because when consumers started seeing Under Armour shorts and tanks pop-up in Kohl’s stores next to yesterday’s forgotten apparel brands, they started to affiliate Under Armour clothes with “cheap” and “uncool.” At the same time, many of the brand’s star athletes lost popularity toward the end of the decade. NBA star Stephen Curry missed the entire 2019-20 NBA season. NFL legend Tom Brady left the New England Patriots, and is clearly no longer the best player in the NFL. Jordan Spieth — whose missed put in 2015 wiped millions off of Under Armour’s market cap — is hardly even talked about anymore (except for in reference to articles about how such a red-hot golfer slipped into anonymity so quickly). All in all, the Under Armour brand simply lost all of its momentum. Consumers stopped buying UAA product. Demand globally fell off a cliff. And UAA stock plunged for years. Fixing UAA’s Branding Problem Amid the novel coronavirus pandemic, Under Armour is finally fixing its huge branding problem. That is, the pandemic gave management the time to reassess the brand’s go-to market strategy, and they’ve come away with the right conclusion. In order for Under Armour to succeed in the long run, the company needs to improve brand equity, and stop selling so much product into off-price channels. Throughout the second-quarter conference call, management talked about reducing brand exposure to the off-price channel. They are re-elevating brand equity by building out a more robust direct-to-consumer (DTC) sales channel, with premium product, at premium prices. Those are the right moves to be making. Getting UAA product out of Kohl’s and other off-price channels will help remove the negative stigmas that hamper Under Armour today. Building out a robust DTC channel will help Under Armour more strictly control, and thereby optimize, the shopping experience. Doing so will boost brand equity. After all, Nike pivoted aggressively to DTC, too. Lululemon is entirely DTC. Both of those brands leveraged strong DTC experiences to cultivate powerful brand equity. In order to facilitate this transition to premium and DTC, Under Armour is pushing a bunch of product into the off-price channel in the second half of 2020 to clear inventory. Of course, that will kill gross margins over the next few quarters. But it will also give Under Armour a clean slate to build a solid premium DTC business starting in 2021.

Plus, Stephen Curry is back for the the 2021 NBA season, his Warriors are fourth in betting odds to the win next year’s title, and he is reportedly getting his own clothing line at Under Armour (like the Jordan brand at Nike). At the same time, Under Armour recently launched a signature basketball shoe for another NBA star — Philadelphia 76er’s big man Joel Embiid — and this new shoe should provide a nice boost to 2021 sales. In other words, Under Armour is taking all the right steps today to ensure that the company’s growth trajectory meaningfully improves over the next few years, and this improvement should start to show up in a big way in 2021. Under Armour, Undervalued? UAA stock is dirt cheap today because of the aforementioned branding problems. But, if Under Armour can leverage a premium, DTC pivot and new, exciting products to fix those branding problems, then UAA stock today is too cheap for its own good. That’s because management successfully pulling off this pivot will have two huge financial implications. First, it will meaningfully accelerate revenue growth, from 3% to 4% today, to 5%-plus over the next few years. Second, it will meaningfully improve gross margins through a bigger mix of full-price sales and create visible runway for operating margins to scale to 10%. If those two things happen – and I think they will – my modeling suggests that Under Armour will do about $1 in earnings per share by 2025. Consumer discretionary stocks typically trade at 20-times forward earnings. Based on that multiple, a reasonable 2024 price target for UAA stock is $20. Discounted back by 8.5% per year, that implies a 2021 price target of nearly $16. That’s about 25% above where share trade hands today. Bottom Line on Under Armour Stock For years, Under Armour has struggled with enormous branding problems. In 2020, the company has taken significant steps to fix those branding problems. In 2021, the company will start to realize the benefits of this enormous branding fix. Revenues will rebound meaningfully. Margins will expand. Profits will soar. So will the stock. By the end of 2021, UAA stock will be closer to $20 than $10. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.  The New Daily 10X Stock Report: 98.7% Accuracy – Gains Up to 466.78%. InvestorPlace’s brand-new and highly controversial newsletter… is rocking the industry… delivering one breakthrough stock recommendation each and every trading day… delivered straight to your inbox. 98.7% Accuracy to Date – Gains Up to 466.78%. Now for a limited time… you can get in for just $19. Click here to find out how. More From InvestorPlace

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The post Why Under Armour Stock Is Due for a Monster 2021 appeared first on InvestorPlace.

[electric-car-parts-company]

Solar costs falling despite extra $236.5 million in extra costs due to the new tariffs. #SolarTariff #SolarEnergy #SolarPower  

[tinamcasey]

Imported Solar Panels Targeted By Mystery Group

Mystery grows around super secret #solar petition

#solarenergy #solarpanels #solarcells #solartariffs #tariffs #Trade #import #USA #UnitedStates #solarindustry #solarinfo #policy #BidenAdministration #renewable #energy #renewables #CleanEnergy #electric #renewableenergy #sustainability

https://cleantechnica.com/2021/09/24/whos-really-behind-the-super-secret-solar-tariffs-petition/

[solardesignamerica]

Hey! Did you know? The South Carolina Public Service Commission (PSC)'s time-variable net metering tariff which intends to more closely align the Duke Energy customers' bills with the costs and savings, has been approved.

For more visit https://www.solardesignamerica.com

[pingosolar]

Rebates on solar panels decline but still a growing trend https://gopingo.us/2EMjAdj⠀ ⠀ #SolarEnergy #SolarPanels #SolarTariffs #TrumpSolar #RebatesSolar #SolarPVPanels #SolarEnergySystems #PingoSolar #GoPingo! (at Pingo Solar)

[thesparklyenthusiaststudent-blog]

Govt’s Big Solar Park Push Could Run Into Land Hurdle

The union cabinet decided last month to double India’s solar power generation capacity, from 20 GW to 40 GW, by setting up 50 solar parks, which are solar projects with a capacity of 500 MW or more concentrated in one area. But this additional 20 GW would mean acquisition of at least 80,000 acres of land, thrice Jaipur’s area, and possibly a problematic move in a land-starved country, as IndiaSpend has reported in January 2017, when talking about canal-top solar installations, where solar panels are installed atop lengths of canal, to save on the cost and conflict involved in land acquisition.

https://twitter.com/PiyushGoyal/status/834460706233688064 Rooftop installations still struggling to take off

 The largest contributors to solar energy in India will now be rooftop solar installations (40%) and large solar parks (40%). The last 20% will come from utility scale solar projects, with a very small percentage coming from off-grid solar installations.

 Capacity addition of rooftop solar has been slow to take off, as IndiaSpend reported in January 2017. By November 2016, only 0.5 MW of solar rooftop capacity was installed, while 3 GW was sanctioned and under installation, according to this December 2016 MNRE update.

 “The decentralised nature of rooftop installations makes progress difficult, because you need to engage about 500 consumers on average (on the assumption that one household installs a 2-W capacity on average) to reach 1 MW, so the administrative process is far more expensive,” said Abhishek Jain, senior programme lead at the Council on Energy Environment and Water (CEEW), a research institution based in New Delhi.

Why solar parks are a good idea: Clearances plus infrastructure Large solar parks come with several benefits for individual producers such as land clearances, development of infrastructure such as roads and transmission systems, and water access.

 By mid-2016, a total of 34 solar parks spread over 21 states were given approvals. These had an aggregate capacity of 20 GW. Details of state-wise division for the parks show that Andhra Pradesh, Madhya Pradesh, Gujarat and Karnataka had the most commissioned projects, as IndiaSpend tweeted on December 1, 2016.

 Being part of a solar park also means that it is easier to raise finance at a lower cost for individual producers within the park. It also ensures that off-take is guaranteed, or else underwritten, which again reduces risk.

With the additional 20 GW, the number of solar parks is estimated to increase to 83. Information about areas where these additional parks will be installed, or how the installation mix will change, is not yet available.

Solar tariffs falling, but land acquisition and off-take still hurdles

Solar tariffs in India have been falling since 2010–from Rs 10.95 per kWh in December 2010 to a level tariff of Rs 3.30 per kWh achieved last month by the 750-MW Rewa solar park project in Madhya Pradesh, according to this Business Standard report.

However, risks due to transmission uncertainties, when produced renewable power cannot be sold, delayed payments, and curtailment of renewable power along with weak enforcements of renewable purchase obligations remain problem areas, according to the report.

Solar parks are perhaps currently the best way to produce renewable energy because they take care of problems faced by smaller producers, which include non-reliability with off-take of produced power, and problems of land acquisition, which is becoming increasingly problematic.

“Land acquisition poses a challenge for developers but solar parks enable developers easy access to land, clearances, and evacuation infrastructure. As seen in the recent Rewa solar park bid, the risk of curtailment has also been eased by a 100% payment guarantee offered by the state government,” Kanika Chawla, senior programme lead at CEEW, told IndiaSpend.

As a general rule, one MW of ground-mounted solar installations require about four acres of land, down from five acres due to advancements in solar cell technology, as IndiaSpend reported.

“Whether the capacity is added under utility scale projects or large solar parks, their land footprint would be similar. Solar parks result in economies of scale being realised for land, evacuation infrastructure, and the balance of system, which results in the per unit cost of solar power coming down,” Chawla said.

[ Source Code : http://www.indiaspend.com/cover-story/govts-big-solar-park-push-could-run-into-land-hurdle-53779 ]

[davidbailey2613]

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast submitted by /u/sonnycoates_ [visit reddit] [comments] http://ift.tt/2FEWKo1

[aaronlawson2183]

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast submitted by /u/sonnycoates_ [visit reddit] [comments] http://ift.tt/2FEWKo1

[captainalexandra21jones]

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast submitted by /u/sonnycoates_ [visit reddit] [comments] http://ift.tt/2FEWKo1

[andrewreynolds214t]

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast submitted by /u/sonnycoates_ [visit reddit] [comments] http://ift.tt/2FEWKo1

[climatesamurai]

#SolarNews Wrap: #SunPower, #SolarTariff, #AdaniGreen and more Here we bring you top headlines of the week from solar industry Power Minister RK Singh assures support for development of power and…

[jeannesgarrison]

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast submitted by /u/sonnycoates_ [visit reddit] [comments] http://ift.tt/2FEWKo1

[derekgarcia5404]

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast submitted by /u/sonnycoates_ [visit reddit] [comments] http://ift.tt/2FEWKo1

[helloashleygreen2213]

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast

Innovative “Solar Revenue Put” financial product reduces cost of capital and “softens blow of #solartariffs by 50%”. (Resi/ c&i/ utility US, CAN, MEX)- Chadbourne currents podcast submitted by /u/sonnycoates_ [visit reddit] [comments] http://ift.tt/2FEWKo1