New energy transition exit: the Array Technologies IPO
John Tough of Energize Ventures shares an investor’s view of the biggest solar IPO of 2020. It’s the first and largest solar tracking company available to U.S. public markets.
Safe harboring in 2020’s rough waters: three crucial considerations
As it stands today, 2021 will likely be one of the strongest markets for solar equipment manufacturers selling into the U.S. market. A perfect storm of a recovering market post-pandemic, access to cheap capital, and the impending ITC drop-off will create strong, near-term market demand, as well as intense safe harboring activities.
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: 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.
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.
Nuclear ‘not an effective low carbon option’
Researchers in the UK have analyzed 25 years of electricity-production and carbon emissions data from 123 countries. Their findings show renewables are considerably more effective than nuclear in reducing carbon emissions from energy generation and that the two technologies tend to get in each other’s way when considered in a joint approach.
Solar-powered steel production from Lightsource bp’s Bighorn Project in Colorado
The iron and steel sector is the “world’s largest industrial source of climate pollution.” This steel mill in Pueblo, Colorado will be the first in North America to rely on solar power.
Morning Brief: 1366 CEO says tandem cells are ‘most important innovation in solar since solar was first conceived’
Also in the brief: Even after a report stated the company is a fraud, a reported SEC investigation and the resignation of its founder, some traders continue to buy Nikola shares. Plus the Utah solar residential solar struggle continues — there’s a public comments session today.
Floating solar nearing price parity with land-based solar, Duke and Cargill take first dive into sector
Four years ago, there were just two floating solar arrays in the U.S. — by the end of this year, there will be over 20.
