SolarEdge stock jumps on Q2 revenue beat and solid earnings — despite Covid-19
SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”
Jigar Shah on the solar industry: ‘We embrace innovation because it is in our blood’
“We are being looked at by everyone from prominent political campaigns to elected officials in our towns and counties to provide the economic development needed for the nation’s recovery from Covid.”
Jigar Shah: Pandemic reveals solar as ‘one of the largest, most trusted industries in the country’
“It’s critical for us to recognize that we are being looked to by everyone from prominent political campaigns to elected officials in your town to provide the necessary economic development to get us out of Covid,” he said.
Renewables have outpaced nuclear and coal to start 2020
In the latest edition of Electric Power Monthly, EIA data shows that renewable resources have generated more electricity through May 31st than both coal and nuclear power.
Tesla EVs show profit while solar business hits new lows in revenue and deployment
It was a series of firsts, including a profitable full year and Megapack turning a profit that factored into CEO Elon Musk explaining that he has “never been more optimistic or excited about the future of Tesla.” Austin is confirmed as the site of the next Gigafactory.
New York launches largest renewable solicitation in US history
4 GW of offshore wind and land-based renewables are set to come to the Empire State, as Gov. Andrew Cuomo looks to achieve the state’s renewable energy mandates while also kickstarting a post-Covid economy.
The US installed more solar in Q1 2020 than ever before
The record-setting quarter was driven by nearly 2 GW of utility-scale solar, supplemented by another 1.6 GW of residential and commercial and industrial. And while the ongoing pandemic will slow the industry a bit in 2020, five-year projections, especially for Texas, are strong.
Live near a big city? Expect big utility bill spikes, thanks to Covid-19
A D.C.-based analytics company has released an analysis showing that summer electricity bills will rise by about 10% on average for households in the 13 of largest U.S. metro areas.
National Climate Bank amendment added to House’s pro-solar infrastructure bill
Congress has authorized more than $3 trillion in coronavirus relief, but none of this money has been for job creation. Supported by SEIA, a national climate bank can create millions of jobs, especially in low and medium-income communities.
Colleges reassessing energy needs, sustainability goals in the face of Covid-related shutdowns
In an effort to accelerate their renewable goals, a number of U.S. colleges and universities have been using Covid-related shutdowns to assess their energy needs, how those needs are filled and what more they can do.
