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Finance

Sunnova nets $158 million in IPO

The fourth-largest third-party solar company is now a public entity and while the results of its offering are only half of what it predicted, the stock bounced back on Friday.

The next two weeks will determine PG&E’s future

A federal judge has given California officials until August 7 to review third-party proposals for the revival, reconstruction and potential takeover of Pacific Gas And Electric. The maligned utility filed for Chapter 11 bankruptcy in January, facing roughly $30 billion in wildfire-related insurance claims.

7

5-year ITC extension introduced in U.S. House, Senate

The twin bills would extend the 30% Investment Tax Credit (ITC) for another five years, with an identical step-down schedule.

9

The billion-dollar battery boom

Corporations are buying up batteries and investing in their companies like it’s going out of style.

The people vs. HB 6, Con Edison reaches 250 MW installed: pvMB 7/25/19

Two things are absolutley certain right now. It’s Thursday and you’re reading the pvMB. Today we’ll be looking at Independent developers dominating the NC solar auction, Sunnova announcing share prices, the very cool LightSail 2 spacecraft and more!

1

NextEra reaches record development in Q2

The power company’s project backlog has never been bigger and this is just one piece in an expectedly strong finish to the first half of the year.

Ohio vs. the future

While the rest of the nation moves towards clean energy, both houses of the Ohio legislature have passed HB6, which will gut the state’s renewable portfolio standard and bail out coal and nuclear power plants.

3

De Blasio threatens to municipalize NYC, ratings watches remain for Solar Star: pvMB 7/23/19

Welcome to the Tuesday MB, everybody. Today we’ll also be looking at 20 MW coming to Long Island, Solar Energy Technologies Office’s stakeholder webinars and more!

Duke buys a 200 MW merchant solar project in Texas

The 200 MW Holstein project holds a 12-year hedge agreement with a subsidiary of Goldman Sachs. As one of the first U.S. merchant projects seen by pv magazine, it points to larger moves in the solar market.

1

TerraForm Power snatches up 320 MW of DG solar + fuel cells

The acquisition will bring TerraForm’s distributed generation portfolio to around 750 MW, making it one of the largest owners of behind-the-meter solar in the nation.

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