Public Solar. Many of you are solar people, I think you know what I mean by that, and SOLV’s CEO, George Hershman is at the very top of that list. Yesterday, SOLV went public on the NASDAQ, raising $513mm before the stock rose another 20% in its first day of trading. SOLV, which is trading under the ticker MWH, has grown out of Swinerton before scaling to what it is today as one of the biggest EPCs in the market. I’m happy to call George a friend and very excited for his team including other solar lifers for getting to this point. Now George joins the public company CEO club in solar that is ever expanding, which is a great thing to have in our market.
- CNBC: SOLV Energy CEO on IPO debut: We’re the largest provider of energy services to solar and storage
- Utility Dive: CAISO shifts transmission focus to reliability to meet peak demand growth
- New York Times: Trump Orders the Pentagon to Buy More Coal-Fired Electricity
- Reuters: Norway wealth fund seeks battery storage investment as market matures
- PV-Tech: National Laboratory of the Rockies lays off 130 employees
- Canary Media: NineDot Energy raises big money for small batteries in New York City
- PV-Magazine: High-voltage DC solar architecture solves the AI datacenter bottleneck
Opinion
Best, Yann