Business

We can afford to be good, we have the luxury to dictate

8minutenergy’s focus on deep component research, and its application at scale, has given the company a competitive advantage to become the country’s largest independent solar power (and energy storage) developer.

Fossil interests, utilities spend almost 10x more than renewables industries on lobbying

Drexel University researchers have shown that $2 billion was spent lobbying Congress on climate-related issues between 2000-2016. Electricity utilities, fossil fuel producers and transportation groups dominate the sources of money put into this process.

Florida regulators clear the way for Vivint’s solar lease

Vivint Solar has joined other national residential solar companies in the Florida market as state regulators confirm that their solar lease contract does not violate state law by constituting the sale of electricity.

Virginia approves largest solar power plant east of the Rockies

Virginia regulators have approved construction of the four part solar power plant, whose output is partially being sold to Microsoft. The 500 MW-AC facility is being developed by sPower.

Musk wants Tesla private – it’s our fault

Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.

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Minnesota gets its first large-scale energy storage system (and you get free solar honey!)

Connexus Energy has broken ground on two solar+storage facilities – totaling 10 MW-AC solar and 15 MW / 30 MWh of energy storage. When connected by end of year, they’ll be the first large-scale energy storage systems put online in Minnesota, and the largest energy storage for a co-op in the United States.

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Solar power assets included in “AAA” commercial bond offering

CleanFund has closed on a $103 million bond for a portfolio holding building efficiency, seismic, water conservation improvements, as well as solar assets. A 5 MW project was noted as having received a 20-year term at 5.6%.

Locals push solar power from the bottom up in Maine

In a state whose governor is staunchly anti-renewable energy, more than 25 municipal projects have been built and an island is pushing for energy independence by 2030.

Tesla’s mad growth in energy storage

In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.

Enphase within striking distance of profitability in Q2 results

The company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.

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