Sunrun goes public and SolarCity goes South of the border. Solar IPOs have been following a trend. From SolarCity’s last minute save by lowering the pricing to $8 per share (now trades over $50) to today’s IPO pricing in the middle of the range and then an early drop. What seems to be happening is that solar savvy investors understand solar while the retail market is still struggling with it. Remember that almost all solar companies show a loss per share due to increased investments in assets to put on balance sheet. Over time this will even out when companies are able to rephrase what is actually happening. It’s all about marketing at the end of the day.
- New York Times: Solar Deals Are Hot, but Investors Fret – Sunrun IPO Fizzles
- Fortune: SolarCity eyes global expansion with acquisition of Mexican solar company
- NRDC: 10 Ways the Clean Power Plan Protects Electric Grid Reliability
- EDF: Lights will Stay on with New Power Plant Pollution Rules. Find out Why.
- Renew Economy: Networks propose compulsory fees for all – to stop grid defections
- Energy Digital: Step-by-step guide to understanding Obama’s Clean Power Plan
- Utility Dive: Rushing to bring solar online, Hawaii approves 4 utility scale projects
- Texas Tribune: New Law Will Help More Texans Go Solar
Opinions
Have a great day!
Yann