Finance

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.

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.

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.

Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC. Plus, a few select job openings.

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.

For corporates with a global footprint, there is now a single place to view and compare the risk and value of each PPA available in North America and Europe.

Texas is perfect for big solar and is one of the fastest growing solar energy markets in the country. Although the state has no renewable portfolio standard, it has Texas sun, lots of land and a competitive energy-only marketplace. Here’s our evolving list of the big Texas solar projects.

Also in this morning’s brief: Outback Power partners up for home resiliency, the top 10 global solar developers — plus NextEra is ready to construct Eagle Mountain, a 1,300 MW pumped storage project that is fully permitted and shovel-ready.

Investors continue to invest and clean energy entrepreneurs continue to innovate — despite global setbacks. Here are five companies that have raised more than $60 million in funding in recent days — ranging across the cleantech spectrum from batteries to fusion to solar software for O&M.

Also in the brief: More financing news on Longroad’s 331-MW Prospero 2 solar project in Andrews County, Texas, Duke Energy storage projects abound, and solar on military housing.