The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Axios:
Nextracker raises $638 million in year's largest IPO
2 PV-Tech:
How the US can take full control of PV manufacturing and technology out to 2050
3 PV-Magazine:
IRA spurs 101k clean energy jobs in first six months
4 Bloomberg:
Duke Takes $1.3 Billion Charge on Renewable Unit for Sale
5 Reuters:
EU leaders agree targeted, temporary support for green industry
6 Solar Power World:
Ampliform deploying Nevados trackers in 2-GW solar project pipeline
7 GreenBiz:
Wind and solar power generated more electricity in the EU last year than gas. Here’s how
Opinions:
8 Utility Dive:
Renewables would provide cheaper energy than 99% of US coal plants, and catalyze a just energy transition
Have a great day!
Yann
Trading NXT. Yesterday, Nextracker priced an enlarged IPO at $24 per share. At some point early this morning, you can see the legacy single axis tracker start trading on the public markets. Compared to the peers, Nextracker is going public at a lower valuation multiple but it is by all accounts a major event for cleantech as the first IPO in a bit.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Bloomberg:
Nextracker Tops Goal to Get $638 Million in Biggest 2023 US IPO
2 PV-Tech:
Enlight Renewable Energy to raise US$293 million in IPO
3 Reuters:
Renewable spurt pushes power towards emissions 'tipping point'
4 Energy Storage News:
EIA
5 Utility Dive:
Value of new transmission jumps in 2022 on high power prices, extreme weather - Berkeley Lab report
6 CNBC:
Inflation Reduction Act has spurred 100,000 new green jobs so far
7 PV-Magazine:
Desert Quartzite solar-plus-storage plant gets greenlight from BLM
Opinions:
8 Axios:
Cities race to add EV charging stations — pronto
Have a great day!
Yann
The Oil Major Headline (Miss). So many of you emailed me about the headlines on commentary coming from oil majors amidst record earnings. Here’s my answer and it may come across as short, but the headlines are missing the point. Oil majors are used to having a monopoly based on the land rights they have because their profits are coming from below the ground, furthering access opportunity because it takes billions in cash to get started. Whereas solar energy is equal from one piece of land to the next. (even balloons run on solar energy these days) Oil majors also know that the energy transition isn’t about fossil to renewable energy generation, it’s about the shift from molecules to electrons in consumption of energy. They will invest tens of billions in the delivery, transportation, trading and servicing of the electrification sector while there are ten dollars available for every dollar needed to build a solar and wind project.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Axios:
Big oil stirs up a battle over leading the clean tech arms race
2 Bloomberg:
Solar Panels Are the Midwest’s New Cash Crop as Green Energy Booms
3 Energy Storage News:
Manchin urges investment in non-lithium energy storage, Jigar Shah predicts 1GWh orders in 2023
4 Reuters:
Bigger utilities to benefit most from Biden's clean-energy funds
5 Utility Dive:
FirstEnergy’s $3.5B deal with Brookfield highlights value of FERC-regulated transmission - analysts
6 PV-Tech:
Cell manufacturer Aiko Solar plans Swiss listing
7 PV-Magazine:
Enel adds 2 GW of North America renewable capacity in 2022
Opinions:
8 Solar Power World:
What is bidirectional EV charging?
Have a great day!
Yann
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
Opinion
News
1 Reuters:
Solar to dominate new U.S. electric-generating capacity in 2023, EIA says
2 PV-Magazine:
ERCOT advanced 15 GW of solar in 2022, moving 5x faster than other RTOs/ISOs
3 Canary Media:
Minnesota’s new climate bill is ambitious - 100% clean energy by 2040
4 Utility Dive:
Connecticut drafts a performance-based regulation system following utilities’ storm response
5 Bloomberg:
100,000 Green Jobs Announced Since US Adopted Climate Law, Study Finds
6 Axios:
Oil giants slow down their energy transition talk
7 PV-Tech:
Plenitude begins production at 263MW solar project in Texas
8 Energy Storage News:
Westbridge adds another solar-plus-storage project to 1GWh pipeline in Alberta, Canada
Opinions:
9 Solar Builder:
Artificial Intelligence can expand solar energy. Here are 7 great examples
Have a great day!
Yann
