Solar tracker builder Array Technologies sets its terms in largest solar IPO of 2020
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?
Morning Brief: Role of gas as a bridge fuel in US ‘just got shorter and narrower’
Also in the brief: Trina Solar completed its acquisition of Spanish solar tracker company Nclave, Plus — A Florida county board denies a zoning exemption for a 650-acre solar project in a predominantly Black community after some residents said the proposal constituted environmental racism.
Solar-powered steel production from Lightsource bp’s Bighorn Project in Colorado
The iron and steel sector is the “world’s largest industrial source of climate pollution.” This steel mill in Pueblo, Colorado will be the first in North America to rely on solar power.
Array Technologies IPO to raise $100 million: 6 takeaways from the S-1
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?
Nextracker inks 1 GW supply deal and claims up to 12% bifacial yield gain
The 1 GW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will feature NX Horizon trackers with the deal announced after the manufacturer published new bifacial yield gain claims.
Morning Brief: House Committee on Un-American Activities goes after EPA
Also in the brief: Nextracker to supply Shanghai Electric with more than 1 GW of trackers, plus Enel X, LG Chem and Smart Charge Hawaii.
Sunfolding looks to disrupt the tracker industry with air pneumatics
With $32 million in series B funding and an ever-growing project pipeline, air-based tracker startup, Sunfolding, is hoping to increase its hold in the tracker market with tech that’s simple, light and can be installed on terrain previously thought untouchable.
Terabase Energy raises funding to break the $0.01/kWh utility-scale solar barrier with software
Terabase wins a $6 million Round A led by SJF Ventures, an early funder of Nextracker, for an integrated software platform to make building utility-scale solar more efficient, smarter and cheaper.
Morning Brief: Nextracker CEO Dan Shugar on bifacial PV, plus NextEra’s massive energy storage plans
Also in this morning’s brief: Outback Power partners up for home resiliency, the top 10 global solar developers — plus NextEra is ready to construct Eagle Mountain, a 1,300 MW pumped storage project that is fully permitted and shovel-ready.
Massive 1.1-GW Misae solar complex in Texas moves to Phase II
The 1.1-GWdc Misae comes equipped with Texas brio in the person of Dr. Miguel Alejandro Oneto, a radiologist by training and solar developer by calling. He’s developing the massive project in the Texas panhandle along with LAE American Energy.
