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Finance

Energy Freedom bill moves forward, Spruce raises $208 million, stable solar pricing: pvMB 05/03/19

Happy Friday and welcome to the pvMB. Today we also bring you the Texas Senate passing a bill to prevent municipalities from interfering with citizens going solar, solar for schools in Minnesota, and more!

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Tesla to get a $2+ billion cash injection through stock, bond offerings

The EV, energy storage and solar company is raising additional cash as it struggles to ramp Model 3 production and slashes prices on its solar offerings.

Texas collective is getting wind+solar+whatever you have for 3¢/kWh – or less

As part of the Texas’ State Energy Conservation Office procurement process, a group of public companies have received bids for wind and solar power for less than 3¢/kWh for 150 MW+ of load in 12-year power contracts.

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Panasonic leaves U.S. solar development with Coronal sale

Danish offshore wind giant Ørsted has acquired Coronal Energy’s solar development business, in a move that strengthens one company’s presence in the U.S. utility-scale solar and storage market, and all but eliminates the other’s.

Enphase can’t keep up with demand

The microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.

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Quality and profit are not mutually exclusive

In this op-ed for pv magazine, Vivint Solar CEO David Bywater discusses the commitment needed by solar installers to think of quality and profits in an ‘and’ relationship, rather than an ‘or’ one.

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Ball Corp. goes 100% renewable in the blink of an eye

Ball Corporation signed power contracts for 161 MW of wind and 227 MW of solar, which will effectively offset the company’s entire North American electricity demand by 2021.

A big day for Massachusetts community solar, Generac acquires PIKA Energy: pvMB 4/29/19

Hello and thank you for starting your week with the pvMB. Today we’ll be checking out a PacifiCorp report that retiring 4 coal plants could save customers hundreds of millions, Renewable Envoy’s solar art installation, Yaskawa Solectria Solar achieving rapid shutdown and more, so buckle up!

Infrastructure fund snatches up Clean Energy Collective

One of the largest community solar companies in the industry has been bought up by North American Infrastructure Partners, as patient capital continues its solar buying spree.

Tennessee’s largest project goes online, $1.4 billion coming to renewables in N.Y.: pvMB 4/24/19

Hello and welcome one and all to the pvMB. Today we’ll be taking a look at Duke buying big to the tune of a 150 MW solar project, Excelsior Energy also buying, with a 25 MW acquisition and Alta Device’s flexible solar cell for unmanned aircraft.

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