So there are rumblings that the happenings with the Vivint reversal in Nevada are also bad news to #SolarCity
, but there are 2 points that I look at with Nevada in particular. The 235 MW cap they talk about is for for net metered residential solar projects. (As a side note, how do you lose
20MW?... really?) Normally if you have solar and can't use the surplus during the day, you need the sell back to the grid to make the numbers work. If however you happen to have a battery (like <cough> the PowerWall) then you really don't care about the cap. Your ROI will come from not taping the grid at night (or what ever surplus you draw during the day). The second thing is that Tesla is also still due to outfit the Gigafactory (which may double in size) with solar. So it's not like there are no more large solar projects to be had in the state. While this may impact SolarCity some, I don't think it's going to have the Chicken Little impact that some folks are reacting to right now.