Clean energy VC funding roundup: Residential flow batteries, solar sales software and financing, EV charging and more
Investors continue to invest and clean energy entrepreneurs continue to innovate — despite global setbacks. Here are six companies that won a total of $170 million in funding in recent days, ranging across the cleantech spectrum.
Morning Brief: AES expects Fluence to generate $500 million this year, Distributed Solar Development acquires Massachusetts community portfolio
Also in the brief: solar coming to coal country in Pennsylvania, Stellar Solar brings in NBA legend Bill Walton as an advocate for the company and more.
Energy Jobs: First Solar has 2 CTOs, Tesla loses ultracap boss, CAISO’s new CEO, MJ at NRTC, plus Prologis, Ecoplexus
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC — plus some select job openings.
Neighborhood solar equity: community solar project splits benefits three ways
A 497-kW project on five roofs at George Washington University in Washington, D.C. uses SREC sales to provide $1.50 in community benefits for every dollar of power generated. Call it community solar-plus.
SolarEdge violated Huawei inverter patent, rules Chinese court
Huawei said the Guangzhou Intellectual Property Court in China has ruled in its favor in a patent dispute with its Israeli rival.
A virtual trade show in your home starring residential storage vendors
The U.S. solar and storage industry is figuring out how to exchange information without exchanging Covid-19.
Morning Brief: Mississippi approves two 78.5-MW PV projects, U of I solar construction starts
Also in the brief: Peabody to write down value of largest U.S. coal mine by $1.42 billion, First Solar joins RE100
First Solar posts a strong Q2, global operations to be 100% renewably powered by 2028
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.
First Solar sells off its O&M business to NovaSource
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.
Residential solar customers don’t want the cheapest system in a $20K investment – they want the best one
Customers are willing to pay a premium for a brand name with a strong warranty.
