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
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.
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.
With the difficulties of launching a company exacerbated by the Covid-19 pandemic, EnerVenue has been able to not only survive the challenges, but use them to the company’s advantage. pv magazine sat down with CEO Jorg Heinmann to discuss how the company leveraged risk into opportunity.
Huanghe Hydropower Development has connected a 2.2 GW solar plant to the grid in the desert in China’s remote Qinghai province. The project is backed by 202.8 MW/MWh of storage.
The automaker announced that it has come to terms on a power purchase agreement for a 180-MW solar project set to be constructed in Arkansas. The installation will use modules from First Solar.
The good people at Mayfield Renewables take us deep into the technical weeds as they question a rule-of-thumb: Is the 2% DC voltage drop rule accurate for real-world conductor sizing or has technological progress in solar made the rule irrelevant?
The European battery manufacturer has raised the funds with a private shares placement which included the co-founder and CEO of music streaming service Spotify.
Also in the brief: Natron Energy, a supplier of fire-safe sodium-ion batteries using Prussian blue chemistry, has achieved a UL listing for its battery.
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?
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