Elena Energy Brief — Welcome to Storyflo Daily Energy. I'm Elena.

We're kicking off with some major news from the residential solar sector. Suniva, a Georgia-based solar cell manufacturer, has announced an all-stock merger with NASDAQ-listed residential solar installer SUNation, in a deal that could give Suniva the capital it needs to stay competitive (PV Magazine USA). According to the agreement, SUNation's stockholders will receive an implied value of $2.26 per share, more than double the company's previous stock price. This merger could be a game-changer for the domestic solar industry, and we'll be keeping a close eye on how it plays out. Now, it's no secret that permitting has been a major roadblock for residential solar installations in recent years. Environment America and Frontier Group recently published a study that found navigating complex permitting processes can add $6,000 to $7,000 to the total cost of a typical installation (PV Magazine USA). In response, New York lawmakers are pushing to automate certain residential solar permits, wit