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.
Morning Brief: Solar ETF soars as Biden leads in polls, Tesla Megapacks in Alberta’s first large-scale battery storage
Also in the brief: juwi Shizen Energy constructs 54-MW-solarpark, Boston Solar teams with Generac, Capital Power, Palladium Energy & Renewable Energy Services sign 160MW of PPAs with Duke Energy.
Vietnam opens 450 MW solar plant
Ho Chi Minh City-based construction company Trungnam Group said its army of laborers took just 45 days to perform site clearance for a project which took shape within 102 days.
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.
Tesla Solar Roof installation time lapse: 40 squares in 4 days by Weddle and Sons Roofing
A solar installer in Kansas does a great job of documenting and displaying the installation process of an attractive integrated Tesla solar roof.
Morning Brief: First long-duration energy storage procurement, EDFR and Geenex close on 4.5 GW PV pipeline
Also in the brief: Scatec Solar to buy state-owned hydropower firm SN Power in a $1.17 billion deal, Panasonic Solar and Service Finance Company rolled out a new home energy storage financing program.
Solar racking companies are getting acquired in a consolidating market: Who’s next?
The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A. Who’s next?
Corrected — California’s lucrative energy storage incentive gets fiscally misused once again
What is it about California’s SGIP subsidy that brings out the worst in people and corporations? Usually it’s companies gaming the ratepayer-funded incentive, this time it’s installers helping individuals with second homes siphon off funds intended for the disadvantaged.
Blackstone enters the electric bus and van race, plus the return of seed-stage solar investing
A weekly round up of investments and exits in solar and energy transition technologies.
Swinerton was the lead solar EPC contractor in the US last year
IHS Markit: At 10% market share, Swinerton Renewable Energy maintained its position as the preferred EPC contractor in the U.S. First Solar and Cypress Creek intend on exiting the EPC segment, creating opportunities for established local EPCs and the emerging group of international firms eyeing the growing U.S. utility-scale market.
