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 Canary Media:
24/7 carbon-free energy is about to become a reality in California
2 Atlanta Journal Constitution:
The Jolt - Ossoff and Kemp allies battle over credit for new Qcells plants
3 Utility Dive:
California greenlights more than 800 MW of storage and solar to bolster power grid reliability
4 Axios:
"Solyndra" search impacts GOP districts
5 Solar Builder:
Is it feasible? Is it legal? Sunnova micro utility plan explained as CPUC mulls decision
6 PV-Tech:
Cubico acquires 1GW solar PV project in Brazil
7 Energy Storage News:
CATL to start conducting UL9540A tests through UL Solutions partnership
8 PV-Magazine:
Crafting a California community solar market
Opinions:
9 Bloomberg:
A Tighter Oil Market Is Coming After an Unsteady Start
Have a great day!
Yann
Nextracker Goes Public. This isn’t a surprise to readers of SolarWakeup, I called this shot almost two years ago when the mad rush for tracker IPOs was hitting the market. With the S-1 we have some additional information including the 3.1billion dollar valuation that TPG invested in last year. Having written thousands of columns over the past 10 years, it’s nice to have my predictions on the record especially when they’re right. You can see the full filing on the first link and I send my congratulations to my friends Shug and Howard Wenger leading another solar success story. This also marks a victory for TPG’s Rise Fund who should see at least a 2x on their investment depending on valuation but analysts expect at least $6.5billion based on comparable public peers.
Batteries At Gas Plants. Yesterday, FlexGen announced that we will be providing our services to Middle River Power as they build 4 stand alone batteries at existing natural gas plants. These batteries will add to MRP’s capabilities in CAISO using the FlexGen operating system that ensures the batteries turn on and stay on. The interesting aspect of this is about where these batteries will go and where they’ll go on a global market basis. Basically every point of connection on the grid will have or could use some version of energy storage. Power plants, substations, homes and businesses are points in the grid that need some elasticity. The key is to have durable batteries matched with the digital controls and operating system that make it work the way you want and that’s what FlexGen does.
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 SEC:
Nextracker S-1 Filing
2 Energy Storage News:
California gas peaker plants to get battery storage upgrades from FlexGen
3 PV-Magazine:
2022 energy storage financing, M&A activity increases
4 Politico:
Climate law fuels solar vs. wind battle
5 Utility Dive:
Solar companies attracted a record $7B in venture capital, and 2023 could be even bigger
6 Bloomberg:
Biden’s Green Energy Bank Races to Leverage $394 Billion to Scale Cleantech
7 Reuters:
Davos 2023 - EU to counter U.S. climate game changer with own green deal
8 Canary Media:
Ports need electric trucks. Forum Mobility has $400M to make it happen
Opinions:
9 PV-Tech:
US solar asset owners at risk of revenue loss amid supply chain, extreme weather challenges
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 Bloomberg:
Solar Energy Firm Nextracker Files for IPO as Market Warms
2 Utility Dive:
2023 Outlook - US power sector trends to watch
3 Axios:
California faces weeks of cleanup as "one last" major storm lashes state
4 Reuters:
France to push for 'Made in Europe' strategy at Feb EU summit
5 PV-Tech:
Trina’s 6.5GW Vietnamese wafer factory to be online this year, targeting US market
6 Energy Storage News:
LG Energy Solution, Hanwha in US energy storage battery partnership
7 Canary Media:
Nevada lithium mine project gets $700M conditional loan offer from DOE
8 PV-Magazine:
Tigo Energy raises $50 million from L1 Energy
Opinions:
9 New York Times:
A Deal to Help South Africa Is a Breakthrough for the World
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 Utility Dive:
DOE launches updated mapping tool to optimize renewable energy siting decisions
2 Bloomberg:
Renewable Power Is Thriving in Europe Amid Looming Energy Crisis
3 Axios:
Exxon's climate research accurately projected global warming, study finds
4 Reuters:
North America aims to make 25% of what it imports from Asia, Mexico says
5 PV-Tech:
PV Price Watch - Polysilicon price slump expected to stabilise at US$10-15/kg in 2023
6 Solar Power World:
JA Solar plans to open 2-GW solar panel factory in Phoenix
7 Energy Storage News:
Dominion Energy South Carolina signs PPA for 108MWdc/198MWh solar-plus-storage project
8 PV-Magazine:
Trina Solar’s new 6.5 GW Vietnam wafer plant to exclusively supply U.S. market
Opinions:
9 Canary Media:
Can clean-energy advocates stop new gas plants in North Carolina?
Have a great day!
Yann