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.
Palmetto lands $29 million for residential solar sales software and home energy spend
Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, and Falkon Ventures invested in the software and fulfillment platform that helps salespeople sell solar.
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.
A residential vanadium flow battery
Flow battery firms have typically pursued utility-scale storage projects rather than the small-scale residential applications targeted by VoltStorage.
Morning Brief: Israel has released a plan to spend $23 billion on solar by 2030, one of the largest battery projects in the world gets approval
Also in the brief: As much as $600 billion could be invested in new solar generation between 2021 and 2025 worldwide, Duke Energy is set to construct the company’s first-ever solar facility on a retired landfill site and more.
Energy Jobs: Trump nominates Dems to FERC, Dominion CEO is out, plus SunPower, Engie, Invenergy, SMA, Generate
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
EDF, NV Energy sign power contract for one of the world’s largest solar-plus-storage projects
The two firms have a 22-year power purchase agreement for the electricity generated by the upcoming Chuckwalla solar farm, which will have a rated capacity of 200 MW solar and 180 MW/720 MWh storage.
New reports detail cause of APS battery explosion that left 8 injured
Two reports released this week outline the series of failures that led to the McMicken battery thermal runaway and explosion and what needs to be done to prevent similar disasters in the future.
Residential storage solution with LG Chem battery, SolarEdge inverter
The South Korean battery manufacturer has integrated SolarEdge’s Energy Hub system into its RESU 10H battery, which has a capacity of 5 kW and offers 9.8 kWh of storage.
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.”
