How Canadian hydro could save New England and New York $5.4 billion
MIT researchers model how 4 GW of powerlines connecting the northeast USA to Quebec hydroelectric facilities eliminates the need for up to 60 GW of wind, solar and storage as the two regional power grids approach 100% clean energy.
First Solar announces surprise Q4 loss, considers sale of its development business
“First Solar, at its core, is a technology and module manufacturing company,” said Mark Widmar, CEO of First Solar. “Given the significant evolution of developing utility-scale PV projects in the United States, we believe now is an appropriate time to evaluate our options with respect to our U.S. project development business line.”
Solar electronics leaders Enphase and SolarEdge post strong Q4 and massive 2019
The leaders in solar module-level power electronics are profitable and making enormous jumps in revenue. All signs point to a strong 2020 for residential solar — which could keep the momentum going.
Morning Brief: South Dakota’s largest project has a buyer, largest solar-plus-storage project in the Caribbean
Also in the brief: Safari Energy completes 60th commercial solar development, a 28 MW installation in New Jersey, Nautilus Solar acquires 3.5 MW Rhode Island project, solar aircraft designed to stay aloft for a year makes maiden flight.
New entrants Sunnova and Loanpal are key to record residential solar loan ABS issuance
Interest in in residential solar loan ABS is rising, particularly among institutional investors as they incorporate environmental, social and governance (ESG) factors into their investment decision-making processes.
Takeaways from a strong Q4 for ‘the new SunPower’
A rare profitable quarter has anchored an even rarer profitable year for SunPower, as confidence in the decision to split off the company’s module manufacturing business into Maxeon Solar Technologies rises.
Oil and gas giants Shell and Total get serious about solar
Total acquired 50% of India’s Adani Group’s solar portfolio for $510m and Shell is building its first large-scale solar farm, a 120-MW effort in Australia.
Morning Brief: Rhode Island utilities collaborate on solar contract, Utah battery incentive program proposed
Today in the brief: True Green Capital Management closes financing for 70 MW New York community solar portfolio, Connecticut regulators decide to be honest, Brightcore Energy names chief strategy officer and more.
Generate lands more than $1 billion for renewable infrastructure
Jigar Shah, renewable energy legend, strikes again. Generate added Sunrun CEO Lynn Jurich and NYSERDA’s Richard Kauffman to its board.
Morning Brief: Glidepath to construct a massive battery portfolio in New York, NEXTracker Releases NX Navigator control system
Today in the brief: Soltage buys a 40 MW Oregon solar portfolio, Warburg Pincus to make a $300M investment in startup Scale Microgrid, a study questionin the emissions related to solar as a resource and more.
