Sunnova reported higher interest expense than revenue during Q2. Can scale and better access to capital turn this around?
Elon Musk is trying just about everything to reimagine the solar business. But will this one work?
The energy storage market is set to be the latest affected by Trump’s trade war, and lithium-ion batteries were not included in a group of Chinese imports where tariffs will be delayed until December 15.
Texas reached an all-time peak yesterday between 4 and 5 PM. A wave of incoming solar projects can help to meet the state’s intense need for power, particularly if paired with batteries.
Under pressure by both corporations who want other options to buy renewables and a new coalition seeking to break its monopoly, Dominion is trying out some arguments with questionable factual basis.
The third party residential solar company showed its highest volume of quarterly installations since late 2016 and record revenues. However losses rose as well, driven by an industry-wide trend of rising customer acquisition costs.
In today’s pvMB we also bring you EDPR’s big solar + storage contract with San José’s CCA, Dominion’s battery pilot, a new union-backed training program for renewable energy workers, and more.
Sunrun saw growth in deployments, revenues, cash and funding, as it expands its solar + storage business and pursues capacity sales. But the company and the larger third-party solar space are facing a sticky problem.
The state’s latest presentation gives a lot more details on its Clean Peak Standard proposal, as well as shedding more light on the why behind the policy.
The vote by a committee of the Contractor State License Board was not the worst outcome, but it begins a process to limit the kind of energy storage systems that solar installers who do not have an electrician’s license can put online.
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