EnergySage reports on storage for the first time ever, Tesla dominates
In the newest edition of EnergySage’s Solar Marketplace Intel Report, data about energy storage solutions being quoted to homeowners through the platform has been included for the first time — with more than half of the quotes for Tesla’s Powerwall 2.
Solar tracker builder Array Technologies sets its terms in largest solar IPO of 2020
Profitable solar tracker company Array Technologies is going public the old-fashioned way and eschewing the SPAC method being employed by other renewable companies such as QuantumScape and ChargePoint. Did we mention the company was profitable?
Morning Brief: Role of gas as a bridge fuel in US ‘just got shorter and narrower’
Also in the brief: Trina Solar completed its acquisition of Spanish solar tracker company Nclave, Plus — A Florida county board denies a zoning exemption for a 650-acre solar project in a predominantly Black community after some residents said the proposal constituted environmental racism.
Off-grid solar funding concentrated in just three companies
With a previous 50-50 split between equity and debt investment funding for the off-grid market shifting to 84% debt, and commentators stating most of this year’s backing was agreed before the onset of Covid-19, fears are mounting about the prospects for the sector.
Morning Brief: Installer Sigora Solar acquires Aztec, Generac acquires Enbala, Louisiana goes solar
Also in the brief: Macquarie Group and Siemens AG are forming Calibrant Energy, a venture that will invest in the energy-as-a-service sector in the U.S.
US residential solar set for a record-breaking year — despite and because of 2020
Over the course of this strange year, American residential solar companies such as Sunrun, Vivint, SunPower and Tesla claimed they could weather the Covid storm with remote selling and new online strategies. It turns out they were right. BloombergNEF forecasts that Americans will install 3 gigawatts of solar on residential rooftops in 2020.
Regulators question Ameren’s math in net metering case
The utility is looking to move forward with a new rebate structure worth half the value of net metering, despite regulators’ orders to keep the rate in place until questions about the calculations Ameren is using to justify the new rate can be answered.
Community solar under attack in Colorado
Solar advocates appeal to the courts as the state’s utilities and Public Utilities Commission move to cut bill credits to community solar subscribers — and potentially open the door to further reductions.
Morning Brief: Clean energy SPAC attack continues, Nextracker’s solar tracker design at Australia’s largest PV farm
Also in the brief: David Crane’s SPAC closes its IPO this morning at $230 million, Romeo Systems, a maker of lithium-ion battery packs for EVs is going public via SPAC, FERC OKs CAISO EV charging, storage updates
Soltec plans IPO — another solar tracker company going public
The Spanish solar tracker builder is hoping to debut on the stock markets of Madrid, Barcelona, Bilbao and Valencia this year. American solar tracker company Array Technologies has also filed to go public.
