Also in the brief: Peabody to write down value of largest U.S. coal mine by $1.42 billion, First Solar joins RE100
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.
Also in the brief: Evergy launches a ‘Sustainability Transformation Plan,’ SOMAH celebrates its first birthday and more.
The web-based app is designed to automate local government processing of solar permit applications, and has earned praise from local government officials in California who have tested it.
While supply chain and manufacturing disruptions will lead to shipping decreases in Q3, the measures that SunPower took prior to Covid’s disruption allowed for a strong quarter, with the company experiencing increases in installations and demand.
The winners of the first American-Made Solar Prize are wasting no time bringing their revolutionary product to market, one which promises to reduce silver, increase module power and save manufacturers up to $1 million annually.
Also in the brief: Connecticut’s cautious and failed first step on shared solar, and which states are making the most progress on emissions? Not the ones you think.
Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, and Falkon Ventures invested in the software and fulfillment platform that helps salespeople sell solar.
Coming off of a strong, profitable first quarter, Enphase is seeing the Q2 results of Covid-19 in compressed revenue and a swing to a quarterly loss. Gross margin remains strong.
Also in the brief: San José Clean Energy and Peninsula Clean Energy have launched a joint request for offers for the purchase of 1 million MWh annually of new, long-term renewable energy.
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