In a webinar reflecting on the 2020 competition, installers, organizers and judges shared their experiences about what made the event such a hit. There was mention of a ground-mount competition in the future.
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.
Also in the brief: The Trump administration is burying dozens of studies detailing the promise of renewable energy, Kansas utility goes for “grid access” charge, plus sonnen working with Stanford
Also in the brief: The Trump administration is burying dozens of studies detailing the promise of renewable energy, plus battery stewardship and recycling
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?
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.
The IPO priced at $22, above the top of the anticipated range of $19 to $21 — valuing the solar firm at about $2.8 billion.
The reception in the financial community on the eve of the Array Technologies IPO must have been enthusiastic.
Dean Solon of Shoals Technologies Group: “The short version is that it’s been a damned good year.” An interview with Shoals covers the growth of large solar projects in the U.S., high AC/DC ratios and the real costs of using cheap components.
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?
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