Cleantech investing: Carbon tracking and sequestration startup wave, SPACs for late-stage energy transition capital
Carbon monitoring, accounting and sequestration startups are in vogue — as is raising late-stage capital via a SPAC. Plus $30M for small-scale utility and community solar.
Funding energy innovation should be a national priority — how about $25 billion a year?
Two new reports see federal R&D dollars for energy innovation as critical for driving the economy’s post-Covid recovery and keeping the U.S. competitive and on the leading edge of the global energy transition.
How does the US retire 236 GW of coal and 1,000 gas peaker plants?
Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.
Chargepoint joins growing list of clean energy firms going public via SPAC
EV charging company ChargePoint is “nearing a deal to go public through a reverse merger” that could value the company at more than $2 billion.
The net metering successor tariff ‘NEM-3’ proceeding in California has officially kicked off
This is a highly anticipated, high-stakes proceeding that will effectively modify the rules for the NEM tariff in California, arguably the single most important policy mechanism for customer-sited solar over the last decade.
Morning Brief: Financing markets for renewable energy rebound, tax equity could top 2019
Also in the brief: NextEra developing a 500-MW solar/500 MW battery project in Kansas, PV system output during California smoke is near zero, solar in Wyoming and Sunrun is cleared to acquire Vivint by US DOJ.
WoodMac responds: investment in residential solar still strong, asset performance is healthy
Wood Mackenzie has responded to a criticized report, clarifying that Covid-19 impacts on residential solar finance are much less significant than initially expected — and that faster-than-expected recovery for investments in the industry have kept investor confidence high.
Yann Brandt: WoodMac’s residential solar finance forecast is ‘worst forecast of 2020’
A recent report by Wood Mackenzie has asserted that U.S. residential solar finance will “falter” in 2020 has been dubbed the “worst forecast of 2020” by a prominent industry figure. And while the market seems to be sustaining financial health, decreasing installation figures could be cause for concern.
Energy Jobs: Recurrent Energy, Sunnova, Generate, Tesla, Sun Light & Power, McCarthy Building Companies
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC. Plus, a few select job openings.
Combating climate change with time series data
After raising $6 million in funding, the team at Myst AI is bringing to market advanced electricity forecasting models that can help electricity companies forecast electricity demand, renewable production and market prices more accurately than ever before.
