Palmetto lands $29 million for residential solar sales software and home energy spend
Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, and Falkon Ventures invested in the software and fulfillment platform that helps salespeople sell solar.
Enphase Q2 microinverter revenue down but notes a ‘rebound in customer demand’
Coming off of a strong, profitable first quarter, Enphase is seeing the Q2 results of Covid-19 in compressed revenue and a swing to a quarterly loss. Gross margin remains strong.
A residential vanadium flow battery
Flow battery firms have typically pursued utility-scale storage projects rather than the small-scale residential applications targeted by VoltStorage.
Morning Brief: Avoiding coal-fired carbon capture projects and the costs of small modular nuclear reactors
Also in the brief: San José Clean Energy and Peninsula Clean Energy have launched a joint request for offers for the purchase of 1 million MWh annually of new, long-term renewable energy.
Solar installation spotlight: Boulder’s Calcaire House proves not all residential projects are created equal
As if a 60 kW residential system wasn’t novel enough, city energy mandates, environmental extremes and specific construction needs all combined to form a unique set of circumstances for one Colorado developer to overcome.
Advocates challenge Florida utilities’ gas-heavy 10-year plans
“Considering how off-track current plans are from where the science tells us we need to be to address the climate crisis, these plans are not in the best interest of Floridians,” says the Southern Alliance for Clean Energy. Stranded gas assets could raise customer bills, the group notes.
SolarEdge stock jumps on Q2 revenue beat and solid earnings — despite Covid-19
SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”
Post bankruptcy, Crescent Dunes CSP plant owner wants project back online by year’s end
This bankruptcy comes with a political edge — because the startup received $737 million in a U.S. federal loan guarantee as part of the 2009 stimulus package — during the Obama administration.
Morning Brief: Israel has released a plan to spend $23 billion on solar by 2030, one of the largest battery projects in the world gets approval
Also in the brief: As much as $600 billion could be invested in new solar generation between 2021 and 2025 worldwide, Duke Energy is set to construct the company’s first-ever solar facility on a retired landfill site and more.
Electric co-ops lead growing wave of early coal plant retirements with ‘solar-for-coal swaps’
A new white paper from Energy Innovation found that 179 GW of U.S. coal plants were more expensive to run than solar, but only 10 GW per year were being retired. Swaps could accelerate the process.
