SB 100 puts California on a path to 100% zero-carbon electricity. What does that mean for the rest of the nation?
Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline. The move echoes GIP’s acquisition of Equis Energy, which now renamed Vena Energy is developing a GW-scale pipeline in Australia.
The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.
The report found over 3,200 employees working at the factory at the end of 2017, and $3.7 billion in invested in the plant.
While the microinverter maker is still the target of an aggressive short, Roth Capital Partners has reiterated its “buy” at $6.50 per share, describing the IQ8 as a “game changer”.
The U.S.-based company has brought its operating margin to below -1%, as it fends off component shortages, short sellers and potential tariffs.
The U.S. state’s latest report shows that it has beat its 2020 target for emissions reductions four years early, mostly thanks to more renewable energy.
A new poll by Morning Consult found surprisingly strong support for a California-style mandate across the political spectrum, although Liberals were more likely to favor the measure than Conservatives.
The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.
The predicted fall in global PV module prices appears to have already begun, with PVInsights and EnergyTrend reporting average prices in the $0.27-$0.37/W range.
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