Sunrise brief: California electricity pricing exploded in the last three years, far outpacing inflation
Also on the rise: Funding for second-life EV battery materials manufacturer reaches $4 billion. Model procedures for fixing distributed solar and storage interconnection. And more.
People on the move: Pine Gate Renewables, ConnectDER, GridBeyond and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Sunrise brief: Educating customers essential to scaling residential solar
Also on the rise: El Niño threatens U.S. winter solar generation. Sunlight Financial struggles for survival. And more.
Sunlight Financial struggles for survival
In its recent quarterly earnings report, Sunlight Financial disclosed nearly $550 million in underwater residential solar loans, after which it executed a 20:1 reverse split to bolster their stock price, aiming to maintain it above $1/share to avert delisting.
Sunrise brief: How to avoid solar antidumping tariffs
Also on the rise: California utility pays $175,000 settlement for false ‘renewable’ advertising. Through workforce partnership, Lyft offers solar workers a ride to work. And more.
People on the move: Silfab, RIC Energy, RMI and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Sunrise brief: Solar-plus-storage project at Dulles International Airport
Also on the rise: Aims Power introduces hybrid inverter for solar-battery systems. Scientists outline innovation pathways for PV technologies. And more.
Solar racking company ESDEC eyes $5 billion valuation ahead of planned IPO
Bolstered by private equity and the acquisition of four U.S. manufacturers, ESDEC is seeking further expansion via capital raised from public markets.
One year after passage of the IRA, the renaissance has begun
Among the many benefits of the passage of the historic Inflation Reduction Act is the decarbonization of the U.S. grid; however, challenges remain.
Sunrise brief: First Solar reports forced labor in supply chain
Also on the rise: Enphase releases solar products optimized for NEM 3.0. Nikola announces recall of battery electric vehicles, pauses sales after fire investigation. And more.
