Business

Morning Brief: Spruce Finance acquires Clearway Energy’s residential solar portfolio, GM to go 100% renewable at Spring Hill

Also in the brief: Ginlong Technologies plans to raise over $100 million, the US–China trade war and COVID-19 have massively impacted coal financing, SunPower’s planned split and establishment of Maxeon Solar Technologies has received approval in China and more.

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A new player appears in American thin-film cadmium telluride solar module manufacturing

Toledo Solar is trying to distinguish itself from First Solar’s cadmium telluride dominance by operating in the residential and commercial markets, markets which have been historically unkind to the technology.

3

Morning Brief: NYC replaces fossil plants with storage and renewables, solar boom stalls in Texas

Also in the brief: a look at how pv systems relate to bird mortality, Sunverge has been chosen to manage a Maryland virtual power plant, a solar powered water filtration system and more.

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People in quarantine are searching for solar power

New data from The Harris Poll and LG show that LG’s solar web traffic, as well as quote requests for residential systems are both trending high since the onset of the Covid-19 pandemic. Now, the issue becomes turning this interest into concrete sales.

Morning Brief: a massive battery ready to break ground, Vectren looks to cut net metering

Also in the brief: expanding a community solar pilot in San Antonio and how to guarantee a just energy transition for indigenous communities.

4

The financial and social struggles of getting large solar projects financed

The pre-life of the Spotsylvania solar energy project has been riddled with financial and societal difficulties. As much as these issues have made a quagmire of development, it also provides a case study on the logistics of getting such a large project built.

Vivint beats on revenue — but losses widen in Q1 as residential solar hunkers down

Vivint beat estimates with $91.2 million in revenue in Q1, though, like with most other third-party solar companies, that was outweighed by $51.9 million in losses from operations. Installation figures fell during the quarter and are only expected to fall further, as Covid-19 runs its course on residential solar.

Morning Brief: Financing for a 200 MW project, EDP agrees to a power contract

Also in the brief: solar on schools in Virginia and a Hawaiian microgrid.

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Solar canopies can put PV panels in some new and interesting places

A major advantage of this design is the ability to string cables over a longer distance without the support needed in traditional racking approaches.

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SolarEdge reports record revenue, yet Covid looms over residential PV for the next two quarters

Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.

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