Another stalwart of the solar industry was able to take the necessary precautions in order to maintain some sense of normalcy during the pandemic, leading to a quarter of increased sales, net cash and a positive outlook to finish off the year.
Deeming that “the strategic thesis behind O&M has changed,” First Solar has sold off its O&M business to the same private equity firm that SunPower did earlier this year.
Customers are willing to pay a premium for a brand name with a strong warranty.
The acquisition is Q Cells’ first energy storage acquisition and marks its move into the U.S. commercial and industrial (C&I) solar-plus-storage market.
Also in the brief: Evergy launches a ‘Sustainability Transformation Plan,’ SOMAH celebrates its first birthday and more.
The high-profile electric car maker is conducting a survey of German customers to gauge their interest in a Tesla electricity tariff.
The web-based app is designed to automate local government processing of solar permit applications, and has earned praise from local government officials in California who have tested it.
While supply chain and manufacturing disruptions will lead to shipping decreases in Q3, the measures that SunPower took prior to Covid’s disruption allowed for a strong quarter, with the company experiencing increases in installations and demand.
The winners of the first American-Made Solar Prize are wasting no time bringing their revolutionary product to market, one which promises to reduce silver, increase module power and save manufacturers up to $1 million annually.
Also in the brief: Connecticut’s cautious and failed first step on shared solar, and which states are making the most progress on emissions? Not the ones you think.
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