First Solar earnings: strong Q1 and an uncertain 2020 guidance — like most every solar firm
“Despite the uncertain economic environment, demand for our Series 6 product remains strong, as evidenced by the 1.1 GWDC of net-bookings since our prior earnings call.”
Solar canopies can put PV panels in some new and interesting places
A major advantage of this design is the ability to string cables over a longer distance without the support needed in traditional racking approaches.
SolarEdge reports record revenue, yet Covid looms over residential PV for the next two quarters
Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.
Morning Brief: massive PacifiCorp renewable energy RFP excites developers, China’s energy storage boom falters
Also in the brief: First Solar will supply Geronimo Energy with 415 MW of Series 6 modules, a D.C. circuit court hears about a vital FERC energy storage order, the Midwest Solar Expo will not be postponed and more.
Pollinator-friendly solar: a feel-good way to make projects cleaner and greener
Opposition to solar project siting can be turned into broad support by designing projects with “pollinator-friendly” landscaping — a trend gaining momentum across the country.
SEIA calls for strengthening PURPA
About 9.3 GW of solar projects have come online thanks to the law known as PURPA. The national solar association argues that federal rules implementing PURPA “should be strengthened rather than weakened,” to ensure that solar facilities up to 80 MW may compete in every region of the country.
Sunrun weathers Covid for a strong Q1
The company reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. And while the company has remained strong throughout the Covid-19 pandemic, additional sales decreases loom in Q2.
Regulatory developments shaping energy storage in 2020 so far
Customized Energy Solutions and the U.S. Energy Storage Association have released a new report analyzing the regulatory, legislative and market developments relating to energy storage across the nation’s RTOs and ISOs in the first quarter of 2020.
Chinese PV Industry Brief: Financials, a new GW-scale factory, and big hydrogen
Longi and Sungrow both announced solid financial results last week. Module maker China Solar delayed the resumption of trading on the Hong Kong stock exchange, and polysilicon producer GCL-Poly unveiled plans to raise up to $16.8 million by issuing shares. Coal miner Baofeng Energy, meanwhile, announced the construction of what it claims will be the world’s largest PV-powered hydrogen plant, and Seraphim and Lu’An Solar revealed that they will open a 5 GW PV panel factory in China’s Jiangsu province.
Enphase PV microinverters shine in Q1, share price is up 15%
Enphase Energy’s Q1 revenue exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location. Enphase stock is up 15%
