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.
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
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.
The two companies have invested $13.2 million into Amply Power, a service that combines EV charging hardware distribution and fleet management software into one customer-focused package.
Also in the brief: Solis has earned SunSpec rapid shutdown certification, EDF renewables has partnered with Cubic Corporation on a solar, storage and EV charging installation, NextEra Energy has raised $4 million in COVID-19 emergency assistance and more.
Real-time pricing of electricity can help integrate renewables, reduce costly and polluting peak-period generation, and save customers money, the trade groups say. They call for California to make real-time pricing an option in the San Diego area.
Is there any good reason for putting solar on a Tesla Cybertruck? or is it just virtue signaling? On the other hand, how far are you driving tomorrow? Do you have range anxiety or just general anxiety?
Also in the brief: CALSSA organizes mask and PPE donations, National Grid is postponing projects in Rhode Island, Envision Solar has officially launched the upgraded generation of EV ARC solar EV chargers and more!
In a rollback of Obama-era policy, the new regulation restricts carbon dioxide emissions standards by 1.5% a year through model year 2026, a figure opponents of the bill feel is not nearly enough.
Executive and boardroom moves in solar, storage, cleantech, utilities and energy finance.
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