Morning Brief: Human rights allegations in Xinjiang China could jeopardize solar supply chain
Also in the brief: Time to see how serious industry is about ESG and D&I versus LCOE. Plus Hawaii solar on the rise.
Tesla CEO Elon Musk: ‘We continue to believe that the energy business will ultimately be as large as our vehicle business’
Tesla’s solar and battery businesses show signs of life in another profitable quarter for the EV maker.
Solar racking companies are getting acquired in a consolidating market: Who’s next?
The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A. Who’s next?
Array Technologies’ share price up 65% on first day as a public company
The IPO priced at $22, above the top of the anticipated range of $19 to $21 — valuing the solar firm at about $2.8 billion.
IPO update: Solar tracker builder Array Technologies increases number of shares in largest PV IPO of 2020
The reception in the financial community on the eve of the Array Technologies IPO must have been enthusiastic.
Wärtsilä’s 9 MW battery storage system reduces a city’s demand peaks, saves transmission costs
An independent power producer, AEP OnSite Partners, will be the first to deploy Wärtsilä’s new storage product. The 9 MW/15.6 MWh battery system will respond to PJM market signals and reduce the city’s peak demand by about 9 MW, while saving $1 million per year in transmission and capacity costs
Trump pulls tariff exemption for bifacial panels — again
Proclamation issued Oct. 10 cites impact of imported bifacial panels on U.S. solar manufacturing, while also raising the scheduled fourth-year tariff rate from 15% to 18%.
Shoals, solar balance-of-system player, had a strong 2020 and sees an even stronger 2021
Dean Solon of Shoals Technologies Group: “The short version is that it’s been a damned good year.” An interview with Shoals covers the growth of large solar projects in the U.S., high AC/DC ratios and the real costs of using cheap components.
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.
Morning Brief: First-of-a-kind utility plan could transform Southeast grid, energy storage news
Also in the brief: Zinc batteries from Eos, flow batteries from Invinity, residential storage programs from Arizona Public Service and Green Mountain Power.
