A concise three-sentence letter sent by the U.S. Treasury Department on Thursday suggests relief is on the way for a renewables industry concerned about meeting quickly approaching tax credit deadlines. The letter came in response to a late April appeal from a bipartisan group of senators,...
Read MoreDistributed solar and storage company SunPower ended the first coronavirus-influenced quarter with a loss, but some optimism for a rebound as it reported Q1 earnings on Thursday. After a rough April, SunPower said demand appears to be slowly growing back to pre-coronavirus levels. With shutdown orders...
Read MoreFirst Solar withdrew most of its 2020 guidance on Thursday despite saying it has not yet felt any major business impact from the global coronavirus pandemic, highlighting the uncertainty facing the global solar market. First Solar executives said that plans to potentially sell the company’s solar-project...
Read MoreAre progressive ideas on how to tackle climate change a poison pill for U.S. politicians? The results of recent opinion polling challenge this commonly held assumption. On this week's episode of Political Climate, we discuss how data is helping decode where the American public stands on progressive...
Read MoreForm Energy, the stealthy, Bill Gates-backed startup, has secured its first utility deal for a novel super-long duration energy storage technology. And its stated capability blows away anything else on the market. A cadre of storage industry veterans and MIT scientists started Form Energy in late 2017 to...
Read MoreDestruction. Dislocation. Collapse. A permanent reset. Read any news about oil markets, and these are the vivid descriptions you’ll encounter. We are now deep into an historic pause for oil demand across the globe — shutting down oil fields, causing negative pricing, overwhelming our storage abilities, and forcing...
Read MoreSolar Edge and Enphase, which together dominate the U.S. market for residential solar inverters, managed to achieve major growth in the first quarter of 2020, but warned of reduced demand in the months ahead due to the global pandemic. Enphase delayed the launch of its long-awaited residential...
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The market for drones in the power and utility industry will grow 23.6% annually, reaching $515 million by 2030—according to a Frost & Sullivan report. The report, Drones in the Global Power and Utilities Industry, Forecast to 2030, cites ongoing digital transformation, remote monitoring, and the...
Read MorekWh Analytics announced it has structured a Solar Revenue Put as part of the refinancing of the 173-MWDC Cal Flats 130 solar facility located in Monterey County, California. The Solar Revenue Put is structured as an insurance policy on solar production and revenues, which serves...
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Scientists in Egypt have investigated the effectiveness of using water and a mixture of aluminum oxide and calcium chloride hexahydrate to cool PV modules. Optimal performance was observed with a solution of 75% water, according to the research findings.From pv magazine International Scientists from Egypt’s Benha University have...
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