The good news is that the world’s largest fund manager, BlackRock, just closed $1 billion of a record $2.5 billion fund dedicated to solar, wind, and energy storage projects. The bad news is that the $2.5 billion fund is a tiny fraction of BlackRock’s $6.96 trillion balance sheet and small change compared to BlackRock’s $17.5 billion investment in coal.
Tesla was once the unquestioned leader in the residential rooftop market with a market share of around 33 percent, but today, the company is No. 3, and its market share during the first quarter was a little more than 6 percent.
The trade organization has an unambiguous take on solar commerce: “The U.S. solar market would be much better off without the tariffs.”
Alta Devices built and sold record-setting gallium-arsenide solar cells but its acquirer Hanergy ran out of patience and cash.
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