People on the Move: Sunnova Energy, ComEd, Connecticut Green Bank, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Polysilicon’s upward price ride is not over, analyst says
Polysilicon prices could top $41/kg through 2021 and stabilize in the second quarter as springtime temperatures ease power demand constraints across China.
Sunrise brief: Energy storage provider Fluence eyes a $4b IPO valuation
Also on the rise: D.E. Shaw lines up financing for a 149 MW solar project, Sunnova prices its latest securitization, and DOE awards $40 million for solar innovation projects.
Fluence eyes $4 billion valuation in planned IPO
The energy storage provider is a joint venture between Siemens AG and AES Corp., and said it aims to offer 31 million shares priced at between $21 and $24 each.
Sunnova prices latest solar securitization round
The notes are backed by more than 3,700 solar rooftop systems across more than 21 states and territories.
D.E. Shaw lines up financing for 149 MW Michigan solar project
The River Fork solar project has a 20-year PPA for 100 MW with Consumers Energy and a 25-year PPA for 49 MW with DTE Energy.
New York to sell solar equipment it bought for Tesla, Panasonic
More than $200 million in equipment will be sold as Tesla plans to ramp up and expand operations at a Buffalo manufacturing facility.
$40 million for 40 projects as DOE steps up push to decarbonize
The Energy Department announced nearly $40 million in funding for projects aimed at increasing the lifespan, reliability, and industrial use of solar.
Leeward Renewable signs PPA for 72 MW solar, 144 MWh storage
The project is Leeward’s fourth PPA serving customers of community choice aggregators in the Kern County area north of Los Angeles.
Sunrise brief: Solar PPA prices to continue to rise as headwinds persist
Also on the rise: Mindful action is needed to increase Hispanic participation in solar, and a Hy Stor venture is the latest to join the growing list of hydrogen projects in the Gulf States.
