IPO update: Solar tracker builder Array Technologies increases number of shares in largest PV IPO of 2020
The reception in the financial community on the eve of the Array Technologies IPO must have been enthusiastic.
Morning Brief: Solar power will be ‘the new king’ by 2030, fuel cell SPAC, advanced reactors get $160M
Even the profitless fuel cell industry can launch a SPAC, cheered on by the current mania for hydrogen technology. Lots more in today’s brief.
Energy Funding: IPOs, M&A, VC and grants for flow batteries, fuel cells, PV trackers and equitable access to solar
Another busy funding week with solar IPOs on deck and venture capital investments — but no cleantech SPACs in the last few day, at least.
Utility-scale solar roundup: PV-powered steel from Lightsource, Savion in Ohio and Michigan
Dean Solon, CEO of Shoals: “A lot of people thought that the 100 MW fields were all dead, but those suckers are coming back with a vengeance.”
New energy transition exit: the Array Technologies IPO
John Tough of Energize Ventures shares an investor’s view of the biggest solar IPO of 2020. It’s the first and largest solar tracking company available to U.S. public markets.
Safe harboring in 2020’s rough waters: three crucial considerations
As it stands today, 2021 will likely be one of the strongest markets for solar equipment manufacturers selling into the U.S. market. A perfect storm of a recovering market post-pandemic, access to cheap capital, and the impending ITC drop-off will create strong, near-term market demand, as well as intense safe harboring activities.
Morning Brief: First-of-a-kind utility plan could transform Southeast grid, energy storage news
Also in the brief: Zinc batteries from Eos, flow batteries from Invinity, residential storage programs from Arizona Public Service and Green Mountain Power.
The oil and gas industry is ‘not simply going to roll over’
If you think the oil and gas industry is going to allow itself to be made obsolete by renewables and the energy transition, think again. Smart people are innovating in every industry in order to be able to thrive in a low-carbon world.
Solar tracker builder Array Technologies sets its terms in largest solar IPO of 2020
Profitable solar tracker company Array Technologies is going public the old-fashioned way and eschewing the SPAC method being employed by other renewable companies such as QuantumScape and ChargePoint. Did we mention the company was profitable?
Clean energy funding roundup: minigrids, nanogrids, microreactors and batteries
Investors continue to invest and clean energy entrepreneurs continue to innovate — despite, or because of, global setbacks.
