David Wagman
People on the Move: PowerSecure, Bernhard, Nexamp and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Sunrise brief: Solar deployment needs to accelerate by 3-4x: Biden administration
Also on the rise: Solar imports are being detained by border agents, First Solar breaks ground in its 3.3GW Ohio plant, and partners turn to blockchain to help expand module recycling efforts.
Solar deployment will need to accelerate 3-4x to reach decarbonization goals, DOE says
Large-scale decarbonization of the electricity sector could move solar from 3% of generation today to over 40% by 2035.
First Solar breaks ground on 3.3 GWdc production facility
The new facility in Ohio is scheduled to start operations in the first half of 2023 and represents a $680 million investment.
Solar modules are being detained by customs agents, reports suggest
An order issued in late June instructed customs agents to detain solar shipments containing silica-based products sourced from a Chinese firm and its subsidiaries. Three solar players may already have been impacted.
Sunrise brief: Residential solar pricing has fallen and signs point to still further declines
Also on the rise: JinkoSolar is adding a manufacturing plant in Vietnam, solar on a parking garage adds a Scandinavian design flair, and iSun says its 2021 revenues are likely to double.
iSun looks to double 2021 revenues, but labor and supply chain issues dampen profits
The company reported Q2 revenues of $4.3 million, up 57% from the same quarter in 2020.
NextEra will build a solar + storage project with Salt River Project as offtaker
Construction work could begin this fall and the capital investment is pegged at $600 million. Around 17 full-time jobs will be created once the array enters service.
People on the Move: Sunrun, Vision Solar, Romeo Power, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Sunrise brief: Bill Gates-backed battery startup secures $144m in funding
Also on the rise: LS Power launches Rev Renewables, El Paso Electric issues an RFP for renewables, and Biden’s infrastructure agenda clears one big hurdle but faces still more.
