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.
Soros Fund Management, Siemens make a big bet on EV charging
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.
Morning Brief: Illinois’ largest project has a power contract, financing secured for 134 MW in North Carolina
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.
Solar and storage advocates call for real-time pricing option in California
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.
It’s a good idea to charge an EV with solar when we’re socially distanced
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?
Morning Brief: New Mexico utility breaks up with coal, Tesla adds commercial storage ordering
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!
Finalized SAFE policy slashes vehicle emission standards
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.
Job moves at DOE, Enel, Trina, FERC, Engie, Sunpower, PG&E
Executive and boardroom moves in solar, storage, cleantech, utilities and energy finance.
Analyst expects recovery for PV and storage supply chains
Analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.
Morning Brief: Goldman Sachs and Telos form solar development outfit, Electrify America invests $2 million in EV chargers
Also in the brief: Powerhome named to Fast Company’s ‘Most Innovative Companies’ list, a Colorado town goes 100% renewable municipal electricity from a solar installation, a Minnesota couple wins a $50,000 prize for a module heating solution and more.
