The company reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. And while the company has remained strong throughout the Covid-19 pandemic, additional sales decreases loom in Q2.
Customized Energy Solutions and the U.S. Energy Storage Association have released a new report analyzing the regulatory, legislative and market developments relating to energy storage across the nation’s RTOs and ISOs in the first quarter of 2020.
Enphase Energy’s Q1 revenue exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location. Enphase stock is up 15%
Also in the brief: DOE to invest more than $5 million in tribal energy infrastructure
Permitting and Google search data show substantially more resi solar installs in Q1 2020, compared with the same period in 2019. Data suggests that major national installers, leveraging online sales, are better positioned than most to weather the COVID-19 pandemic.
Despite the pandemic, capital is still pouring into solar.
Also in the brief: Elon Musk on cusp of a $730 million award, the 16 Camilla Solar Plant has reached commercial operation, a project approved in Maine and more.
Given Hawaii’s audacious renewable energy goals it seems logical that industries such as solar can help be a big part of that recovery.
Lennie Moreno, the CEO of Sofdesk, navigates the new world of selling solar remotely — in our free webinar today.
Under the utility’s latest IRP, Dominion plans to procure 16 GW of solar, 2.7 GW of storage and 5.1 GW of offshore wind in the next 15 years. Kicking off these new plans comes a request for proposals of 1 GW of solar or wind and 250 MW of energy storage.
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