If you think the oil and gas industry is going to allow itself to be made obsolete by renewables and the energy transition, think again. Smart people are innovating in every industry in order to be able to thrive in a low-carbon world.
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?
Born from an Oxford research group, the startup is looking to make its name by developing all-perovskite tandems, something no other company has done.
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.
As the world accelerates towards decreasing carbon emissions, so too should the solar industry’s supply chain. This was the idea that has led to the founding of the Ultra Low-Carbon Solar Alliance, which officially launched today.
Also in the brief: Macquarie Group and Siemens AG are forming Calibrant Energy, a venture that will invest in the energy-as-a-service sector in the U.S.
SEIA’s Solar Means Business report finds that low prices and climate change commitments continue to drive strong corporate interest in solar and storage. Apple, Amazon and Walmart lead the list of top players.
Over the course of this strange year, American residential solar companies such as Sunrun, Vivint, SunPower and Tesla claimed they could weather the Covid storm with remote selling and new online strategies. It turns out they were right. BloombergNEF forecasts that Americans will install 3 gigawatts of solar on residential rooftops in 2020.
The utility is looking to move forward with a new rebate structure worth half the value of net metering, despite regulators’ orders to keep the rate in place until questions about the calculations Ameren is using to justify the new rate can be answered.
Solar advocates appeal to the courts as the state’s utilities and Public Utilities Commission move to cut bill credits to community solar subscribers — and potentially open the door to further reductions.
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