Major global brands can’t stake their future on a business supply chain that is not sustainable.
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?
Also in the brief: China claims world’s largest solar ‘rooftop’ at 200 MW. And Midwest energy companies pledge to build nation’s largest interstate electric vehicle charging network.
Solar industry participants have produced a new Australian-manufactured rail for PV modules that has been engineered to ensure safety and longevity, while catering to the needs of installers who work on residential and commercial rooftop projects.
Solar financing and mergers are booming in the C&I sector, while tax equity draws new players into the market, and a 50 GW utility-scale pipeline drives innovation across the industry.
As the state looks to achieve its its 70% by 2030 renewable electricity goal, community solar is taking center stage, with the announcement of New York’s first community solar-plus-storage project and a municipal opt-out community solar pilot.
Contending with congress, video zombie noises and chemistry with Ranking Member Paul Gosar, Nextracker CEO Dan Shugar testified, “The rules are broken — it takes far too long to get solar projects approved — over three years.”
The two energy giants have announced their intent to pivot away from fossil fuel generating assets and expand their renewable footprints.
Even four years of the most pro-coal president in recent memory has done little to change coal’s misfortunes.
Carbon monitoring, accounting and sequestration startups are in vogue — as is raising late-stage capital via a SPAC. Plus $30M for small-scale utility and community solar.
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