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.
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.
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.
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.
Also in the brief: expanding a community solar pilot in San Antonio and how to guarantee a just energy transition for indigenous communities.
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 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.
Also in the brief: solar on schools in Virginia and a Hawaiian microgrid.
A major advantage of this design is the ability to string cables over a longer distance without the support needed in traditional racking approaches.
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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