Elon Musk’s EV and energy company is becoming increasingly irrelevant in the rooftop solar market, but battery sales are booming.
Details are sparse, but today the U.S. House of Representatives’ Committee on Energy and Commerce is holding its first hearing towards coming up with a plan to fully decarbonize the U.S. economy by 2050.
The Anglo-American company is the latest utility to enter the utility-scale solar and wind development space by closing on its acquisition of Geronimo Energy.
The company will list on the NYSE under the symbol NOVA. Sunnova’s prospectus filing reveals information about the company’s finances and operation.
The first debate, featuring the two front-runners for the Democratic nomination, showed clear and growing divisions within the Democratic Party on climate policy as much as everything else.
The German battery manufacturer will make products for electric trucks and buses at the facility, which is expected to employ 200 workers and produce 400 megawatt-hours of batteries annually.
Roth Capital Partners has reported the inverter maker ceased U.S. sales on Friday, laying off all its U.S. citizen staff amid rising tensions between the Trump administration and China.
As contract lengths shorten, U.S. solar developers and investors are relying more and more on sales of power in the spot market as the future.
The 70%-by-2030 renewable energy provision in legislation S6599 is second only to Washington DC’s 100% by 2032 aim, and includes targets of 6 GW of distributed solar by 2025 and 3 GW of energy storage by 2030. It is expected to pass the assembly today.
Scottish consultancy Wood Mackenzie has raised its 2019 forecast with Florida and Texas starting to deliver on their potential as the U.S. solar market returns to growth.
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