Energy Update

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June 29 (Reuters) - U.S. crude oil stockpiles fell sharply
last week and gasoline inventories posted an unseasonably
surprise large build as refineries ramped up production, the
U.S. Energy Department said on Wednesday.

Tesla Motors Inc.’s bid to buy the biggest U.S. rooftop solar installer has little to do with selling cars. Rather, it’s about solving two of the biggest problems standing in the way of the next solar boom. And perhaps a good deal more.

Hydroelectric power developer Gilkes Energy has begun construction on a trio of small hydro projects, all of which are to be located on the Attadale Estate near Loch Carron, Scotland.

OTTAWA, June 29 (Reuters) - U.S. President Barack Obama
arrived in Ottawa on Wednesday to meet with his North American
counterparts and all three leaders are set to push back against
anti-free-trade sentiment that has shifted political debate in
the United States and Europe.

Trouble may be brewing in China’s renewable energy industry if idled wind farms are anything to go by.

June 29 (Reuters) - Energy Transfer Equity walked
away from its more than $20 billion takeover of Williams Cos Inc
on Wednesday after months of lawsuits and heated
arguments between the rival pipeline companies.

* Exports slip from southern and northern ports so far in
June

DUBAI, June 29 (Reuters) - Most stock markets in the Gulf
nudged up on Wednesday, supported by recoveries in oil and
global equity prices after the shock of Britain's vote to leave
the European Union last week, but turnover was small before
summer and Eid al Fitr holidays.

* Exports slip from southern and northern ports so far in
June

When I first got into solar, Florida seemed to be a natural market. After all, it’s the Sunshine State. In spite of the sun, there is one big problem that was holding back the market: the state of Florida prohibits residents from purchasing electricity from a source other than a utility. Unlike all other sunny states in the U.S., third party solar companies such as SolarCity, SunRun and Vivint are prohibited from providing solar leases and PPAs to homeowners.

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