Morning Brief: The Trump administration is burying dozens of studies detailing the promise of renewable energy
Also in the brief: Global solar PV installations to hit 115 GWdc in 2020, Trump’s pullback of pollution controls is even more hazardous than you think.
First Solar earnings: strong results, Q4 guidance reinstated and a 445 W module on the way
Increased net sales and income per share are coupled with 1.6 GW DC of bookings, reports of a 445 W module and environmental recognition for the Series-6 line, point to yet another successful quarter for the company.
Morning Brief: Scientists at US automakers have known since the 60s that car emissions caused climate change
Scientists at two of America’s biggest automakers knew as early as the 1960s that car emissions caused climate change, a monthslong investigation by E&E News has found. The discoveries by General Motors and Ford Motor Co. preceded decades of political lobbying by the two car giants that undermined global attempts to reduce emissions while stalling […]
Will clean energy SPACs survive current Wall Street bubble?
The experts say yes. SPACs representing $53 billion in investments accounted for about half of all IPOs this year — providing a pathway to public markets for emerging clean tech companies developing disruptive, pre-revenue technologies.
Tesla CEO Elon Musk: ‘We continue to believe that the energy business will ultimately be as large as our vehicle business’
Tesla’s solar and battery businesses show signs of life in another profitable quarter for the EV maker.
It’s cheaper to build new solar than it is to operate coal plants
New analysis released by Lazard compares the levelized cost of energy for various generation technologies on a $/MWh basis and shows that renewables, specifically utility-scale solar and wind, are the economic frontrunners.
Mosaic launches new loans with the lowest rates the market has ever seen
The two new options, 0.99% APR for a 20-year loan and 1.99% APR for a 25-year loan, come at a time when installers and homeowners are increasingly cost-conscious, especially considering the impending ITC step-down.
Solar PPA prices in the US rise for the second consecutive quarter — after 18 months of decline
LevelTen Energy’s Q3 2020 PPA Price Index report shows that average utility-scale solar PPA prices rose again in Q3, up to $29.3/MWh. And while the ITC step-down and simple economics are to blame, LevelTen shares that the increases are no cause for alarm.
Array Technologies’ share price up 65% on first day as a public company
The IPO priced at $22, above the top of the anticipated range of $19 to $21 — valuing the solar firm at about $2.8 billion.
Morning Brief: Home Depot and Enel signa power contract, National Grid rebrands its renewable arm
Also in the brief: CollectiveSun raises $4 million for San Diego nonprofits to go solar, EDP has closed on a power contract for 100 MW of solar generated by two projects in Ohio and more.
