While supply chain and manufacturing disruptions will lead to shipping decreases in Q3, the measures that SunPower took prior to Covid’s disruption allowed for a strong quarter, with the company experiencing increases in installations and demand.
Also in the brief: Connecticut’s cautious and failed first step on shared solar, and which states are making the most progress on emissions? Not the ones you think.
Coming off of a strong, profitable first quarter, Enphase is seeing the Q2 results of Covid-19 in compressed revenue and a swing to a quarterly loss. Gross margin remains strong.
Also in the brief: San José Clean Energy and Peninsula Clean Energy have launched a joint request for offers for the purchase of 1 million MWh annually of new, long-term renewable energy.
Also in the brief: General Electric is selling its investment in 11 of its startups to 40 North Ventures, power lines are key to New Mexico becoming a renewable leader.
Also in the brief: Duke Energy first solar project on a retired landfill, Solarize Chicagoland group-buy program bears fruit even in rough times
Group spinoff Maxeon Solar Technologies will produce the new Performance 5 modules with bifacial mono-PERC solar cells, made from large format eight-inch G12 wafers. The panels boast an efficiency of 21.2%.
While then vast majority of microgrid projects are still for distributed fossil generation, the share of renewable microgrids is rising, driven by high-volume adopters, like The Red Cross.
Also in the brief: Trump finalizes rollback of bedrock environmental law, how justice and climate change are inseparable
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
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