In earnings calls, Tesla sharpens its focus on solar and NextEra eyes historic growth
Elon Musk said “it will not be long before Tesla is, by far, the market leader in solar.”
Sunrise brief: 400 MWh BESS from AES enters service
Also on the rise: Republic says ‘I do’ to Romeo on electric trash trucks, Lux names top 20 startups for 2020, ReneSola raises $250 million, and New Jersey regulators approve an EV infrastructure plan.
UX Solar eyes 250 MW of distributed solar as it builds its portfolio
Competition was fierce in Xcel Energy’s Colorado community solar RFP, and UX Solar is now building 8 MW of capacity to serve commercial and residential subscribers.
Distributed Solar Development closes on $300 million debt facility
The debt will be used to finance commercial and industrial projects and distributed generation assets, and will accommodate multiple tax equity partnerships and structures.
Intersect Power fuels growth with $600 million in equity and debt
The company has a pipeline of 3.2 GW of late-stage solar and storage projects that will enter service by 2023. Its 425 MW Juno solar project is set to come online this fall.
First Solar sells 10 GW solar pipeline for $261 million
The deal includes the Rabbitbrush, Madison, Oak Trail, Horizon, and Ridgely projects, which are expected to start construction in the next two years, and the 30 MW Barilla Solar project, which is operational.
Sunrise brief: Solar project growth to rise 30% after ‘volatile’ 2020, IHS Markit says
Also on the rise: Sunrun to issue $350 million in notes, announces preliminary Q4 results; Borrego implements org changes and aims for 25% workforce growth this year.
Product roundup: Enphase, Panasonic, Con Edison, startups, and more
Check out this week’s list of some of the newest announcements related to clean energy products.
Solar BOS provider Shoals Technologies announces IPO
The Tennessee-based company’s balance-of-systems solutions are deployed on over 20 GW of solar energy systems globally.
Sunrise brief: Money flows as multiple investments are announced
Also on the rise: Power Sustainable aims $790 million at North American renewables, Macquarie unit invests in energy storage provider esVolta, EDPR buys its way into downstream C&I projects, Pattern Energy funds its Japanese expansion, and KBR signs on to support a hydrogen venture.
