Finance

Despite the coronavirus pandemic, the photovoltaic inverter maker grew its revenue compared to the previous year.

Oxford PV is currently building a manufacturing facility for its silicon perovskite tandem solar cells in Brandenburg an der Havel.

“We’ve averaged 2.4 cents a kilowatt hour for the last six months for PPAs. That’s actually too low. I think we would be fine at 3.4 cents… I don’t think that solar and wind industries would skip a beat [without their tax incentives], and they have other policy mechanisms.”

Yotta Energy just won seed funding to install batteries under solar modules — in an architecture analogous to microinverters and optimizers.

Also in the brief: The Solar Foundation and the Interstate Renewable Energy Council are merging, Trump administration removes scientist in charge of assessing climate change, Cypress Creek closed a seven-year, $200 million debt financing, and solar-powered butter.

Executive jobs and job moves in solar, storage, cleantech, utilities and energy transition finance.

The Clean Energy Accelerator, as envisioned in legislation introduced earlier this year and late last year, pairs each public dollar with multiple private dollars to expand clean energy’s reach in the US.

The solar industry may have to certify that there is no forced labor in its value chain.

“Order volumes have increased significantly” and Sunrun expects to grow megawatts deployed by over 20% sequentially in the third quarter.

1366 Technologies CEO Frank van Mierlo is a betting man and he’s betting your humble narrator that high-efficiency tandem solar cells are the near-term commercial future of solar.