Morning Brief: massive PacifiCorp renewable energy RFP excites developers, China’s energy storage boom falters
Also in the brief: First Solar will supply Geronimo Energy with 415 MW of Series 6 modules, a D.C. circuit court hears about a vital FERC energy storage order, the Midwest Solar Expo will not be postponed and more.
Sunrun weathers Covid for a strong Q1
The company reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. And while the company has remained strong throughout the Covid-19 pandemic, additional sales decreases loom in Q2.
Hydrogen and ‘direct air carbon capture’ enter the policy conversation
While utilities, municipalities and states across the U.S. struggle to find a cost-effective way to get to 100% carbon-free power, some companies, like Wärtsilä North America, think that the answer is closer than we realize.
Morning Brief: solar is ‘essential’ in New Jersey, renewables generated more electricity than coal in April
Also in the brief: Elon Musk on cusp of a $730 million award, the 16 Camilla Solar Plant has reached commercial operation, a project approved in Maine and more.
A renewable path to Hawaii’s recovery
Given Hawaii’s audacious renewable energy goals it seems logical that industries such as solar can help be a big part of that recovery.
Investor-owned utilities pay top executives millions — are they worth it?
Energy and Policy Institute has tracked the past three years of CEO compensation at 41 investor-owned utilities across the country. And, while the numbers are eye-popping, a well-paid CEO does not necessarily reflect company success.
Morning Brief: Houston is buying 100% renewable energy, SolRiver Capital has $200 million for solar projects
Also in the brief: Alchemy Renewable Energy has closed on deal to acquire a 44.5 MWdc solar energy portfolio, Ormat Technologies has begun the commercial operation of the Rabbit Hill Battery Energy Storage System, Kansas’ largest solar project ever has officially gone live and more.
Trump’s mysterious cybersecurity order bans bulk-generation gear from ‘adversaries’
Although it doesn’t seem to impact solar directly, energy storage might be threatened. “The order leaves more questions than it answers,” according to Norton Rose Fulbright. What is motivating the administration? China? Why now?
Huawei, Sungrow and SMA dominate global inverter market
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
Despite solar woes, Tesla turned its first-ever profitable Q1
Tesla finished Q1 2020 with a positive GAAP net income, driven by the profitability of the Model Y. However, the story was not so bright for solar, storage or corporate governance.
