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Finance

Tesla breaks storage records in Q3

The most dramatic company in energy installed 477 megawatts-hours of battery storage in Q3, more than ever before, as well as seeing the first improvements in its residential solar deployment in years.

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PG&E backup batteries, new community solar in New York: pvMB 10/24/19

Happy Thursday everybody and welcome to the pvMB! Today we’ve got for you a TerraForm notes update, the first ever LA area Contractor Day, a California SOMAH public forum announcement and more!

After betting on fossils & losing big, GE & BlackRock turn to solar

Distributed Solar Development has closed on a $250 million fund to deploy more solar for businesses over the next 15 months.

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MIT/NASA robot engineer raises $32 million for air-powered single axis trackers

Single axis solar tracking manufacturer Sunfolding, led by the mind of CTO Leila Madrone, has raised $32 million to expand operations surrounding the deployment of its three-component T29 system.

Wells Fargo signs a huge renewable deal, Newlight Partners invests $150 million in solar developer: pvMB 10/23/19

Hello one and all and guess what? You’re reading a Hump Day MB. Today we’ll be looking at a solar advocacy group doing its job, PacifiCorp’s final IRP, the UC Irvine Engineers for a sustainable future event and more!

Ford makes major EV charging investment, Florida regulators approve Tampa Electric Co. solar cost recovery: pvMB 10/22/19

Hello everybody, happy Tuesday and welcome to the pvMB. Today we’ve got for you MnSEIA’s conference kicking off, Greenbacker Renewable Energy signing three solar deals, Philipstown, NY approving community solar and more!

Virginia is for lovers (of solar power)

The State of Virginia has announced a procurement of 345 MWac of solar power from three solar projects under developing, and one pending, with 20-year power purchase agreements starting at 3.4¢/kWh.

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Another hedged solar project moves forward in Texas

Cubico has closed on financing for the 162 MW Wagyu project on Texas’ Gulf Coast, which holds both a hedge and a PPA, the latest such project to move forward.

The ITC creates local American jobs. Why end it now?

In this op-ed for pv magazine GAF Energy President Martin DeBono calls for an extension of the solar Investment Tax Credit due to its role as an economic incentive for innovation and job and value creation. 

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Solar stocks soar in 2019

The Invesco Solar ETF is up 50% year to date, driven by the successes of Solaredge, Enphase, Sunrun, First Solar and SunPower. These strong performances may look to increase the financial confidence of the industry as a whole.

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