Shoals, solar balance-of-system player, had a strong 2020 and sees an even stronger 2021
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.
New energy transition exit: the Array Technologies IPO
John Tough of Energize Ventures shares an investor’s view of the biggest solar IPO of 2020. It’s the first and largest solar tracking company available to U.S. public markets.
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.
