Sweden joins European trend and exits coal — two years earlier than planned
The Nordic nation is now the third European country to wave goodbye to coal for power generation. Another 11 European states have made plans to follow suit over the next decade.
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.
Storage companies raised $244 million in corporate funding to start 2020
A new report released by Mercom Capital shows that while funding is down from Q4 2019, it is up substantially year-over-year.
BNP Paribas expands Mosaic warehouse facility to $200 million, extends term
Solar loans became more popular than third-party-owned solar in early 2018 and are now the financial tool of choice for homeowners.
Morning Brief: EIA on net metering, Li-Cycle’s first shipment of commercially recycled battery material
Also in the brief: the chance that Covid-19 gives to reform our energy system, Engie has signed tax equity financing for a 2 GW portfolio, Panasonic names inaugural class of Elite Residential Installers and more.
Morning Brief: 215 MW Fresno County project using First Solar Series 6 panels starts construction
Also in the brief: High albedo ground cover for bifacial installations, Peak Clean Energy sells its solar development pipeline to hep global.
Morning Brief: Invesco Solar has outperformed the broader market, New Jersey ends SREC program
Also in the brief: the challenges facing islands and other isolated systems with high levels of renewables, AIP finances 604 MWdc of solar, SolarReviews preaches caution with Tesla solar rental program and more.
Sungevity: the rise and fall and fall again
The formerly bankrupt and since reborn residential solar company abruptly laid off nearly 400 workers yesterday. For the third time in company history, a significant portion of the workforce was laid off with no warning. Now Sungevity’s future is uncertain – yet again.
What options will emerge to replace tax equity financing for solar?
With the scope of global turmoil caused by Covid-19, tax equity, the predominant vehicle for solar project financing will slow down considerably. What options will arise to replace tax equity, and how will they shape the different branches of development?
Morning Brief: Bloom Energy shares fall drastically, 212 MW coming to Knoxville
Also in the brief: Brookfield Renewable Partners and TerraForm Power are set to become one, Diversified Communications acquires Energy Storage North America, 4.3 MW have been proposed in Ellsworth, Maine and more.
