Clean energy VC funding roundup: Nuclear fusion, utility-solar foundations, electric trucks, smart metering
Investors continue to invest and clean energy entrepreneurs continue to innovate — despite global setbacks. Here are four companies that won more than $45 million in funding in recent days — ranging across the cleantech spectrum. Plus $1.9 billion for Elon Musk’s SpaceX.
Morning Brief: 5 GW of solar coming to Africa, the pressing need for panel recycling
Also in the brief: Pennsylvania has its first project using Commercial Property-Assessed Clean Energy financing, Gov. John Bel Edwards of Louisiana has signed two executive orders to reduce greenhouse gas emissions and enhance coastal resilience and more.
Morning Brief: wind and solar continue to rise drastically in the global power mix, Toyota announces three new solar projects
Also in the brief: Powerhome completes a solar installation at Indianapolis Colts HQ, Chevron is making a Series A investment in the three-year-old nuclear fusion startup Zap Energy, more than 200 workers are needed for a solar project being developed in Cherokee, Alabama and more.
Morning Brief: AES expects Fluence to generate $500 million this year, Distributed Solar Development acquires Massachusetts community portfolio
Also in the brief: solar coming to coal country in Pennsylvania, Stellar Solar brings in NBA legend Bill Walton as an advocate for the company and more.
Morning Brief: Mississippi approves two 78.5-MW PV projects, U of I solar construction starts
Also in the brief: Peabody to write down value of largest U.S. coal mine by $1.42 billion, First Solar joins RE100
SunPower survived shutdowns for a strong Q2
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.
Morning Brief: SolAmerica and Safari Energy commission 43 MW of solar in Georgia, HVDC solicitation
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.
Enphase Q2 microinverter revenue down but notes a ‘rebound in customer demand’
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.
Morning Brief: Avoiding coal-fired carbon capture projects and the costs of small modular nuclear reactors
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.
Morning Brief: Duke alleged to violate state law by building gas capacity without approval
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.
