SunPower CEO Tom Werner was interviewed today on Bloomberg. Some takeaways:
- Oil prices are low but in reality they have nothing to do with price of electricity;
- Good and bad yieldcos and MLPs are grouped together but over time quality players will separate from the rest;
- ITC, COP 21, and favorable regulatory environment in places such as California point toward a bright future for the industry as decarbonization advances; and
- Creditworthy rooftop solar customers and high-quality equipment result in a low risk premium and will be attractive when packaged as asset-backed securities.
SunPower CEO on Trends in Solar