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?
Morning Brief: Trump admin disappears NREL ‘seams’ study and a 250-ton Chinese transformer
Also in the brief: China claims world’s largest solar ‘rooftop’ at 200 MW. And Midwest energy companies pledge to build nation’s largest interstate electric vehicle charging network.
Two key community solar advancements made in New York
As the state looks to achieve its its 70% by 2030 renewable electricity goal, community solar is taking center stage, with the announcement of New York’s first community solar-plus-storage project and a municipal opt-out community solar pilot.
Nextracker CEO Dan Shugar makes the case for big solar on public lands before congress
Contending with congress, video zombie noises and chemistry with Ranking Member Paul Gosar, Nextracker CEO Dan Shugar testified, “The rules are broken — it takes far too long to get solar projects approved — over three years.”
Morning Brief: Wyoming coal, Texas sun, Dems’ clean energy package, EV batteries made from deep-sea rocks
Even four years of the most pro-coal president in recent memory has done little to change coal’s misfortunes.
Cleantech investing: Carbon tracking and sequestration startup wave, SPACs for late-stage energy transition capital
Carbon monitoring, accounting and sequestration startups are in vogue — as is raising late-stage capital via a SPAC. Plus $30M for small-scale utility and community solar.
In which states does solar matter most?
Not all solar projects are created equal — a new report from Clearloop, Downstream Strategies and WattTime outlines the areas in the country where development would make the biggest difference in reducing emissions and cleaning the grid.
Hemlock Semiconductor becomes vertically integrated polysilicon maker
The U.S. polysilicon manufacturer has acquired DuPont’s trichlorosilane business, in a move that will help it cut production costs and control supply.
Funding energy innovation should be a national priority — how about $25 billion a year?
Two new reports see federal R&D dollars for energy innovation as critical for driving the economy’s post-Covid recovery and keeping the U.S. competitive and on the leading edge of the global energy transition.
US solar racking industry is innovating and consolidating
With installers and developers needing to squeeze every kilowatt-hour out of every roof and project, racking and trackers are the unsung heroes that secure and tilt panels while maximizing output and protecting wiring and other gear.
