Have a patriotic 4th of July holiday and I look forward to writing to you again on Monday!
The IPO Filing. Here is Sunnova Energy’s S-1, IPO filing. Of course if you want the cliff notes, that’s today’s top story.
Policy Breakdowns. Good things are happening and special congratulations to the advocates in Oregon. Almost a decade after one of the most successful starts to the solar industry, the policies are coming back to get solar access back to many.
Cheap Solar and Storage. LADWP has signed a PPA for solar plus storage with 8 Minute Solar. More detail needs to come out on the contract terms to give real insight on the valuation and return of such a project but the headline numbers are impressive.
Coal Insurance Lost. Chub is out on coal owners, the first US insurer to follow the European trend. This is on the heels of another coal company filing bankruptcy in West Virginia. It’s not the responsibility of solar to replace some of those jobs but it surely would be nice to be helpful.
- Greentech Media: Sunnova Files IPO Paperwork as Residential Solar Market Rebounds
- Solar Power World: July solar policy snapshots
- Utility Dive: Los Angeles solicits record solar + storage deal at 1.997/1.3-cents kWh
- Energy News Network: A New Mexico utility charts a future without coal
- PV-Tech: Duke Energy surpasses 1GW of owned PV energy capacity
- Axios: Southern Company CEO Tom Fanning on renewables, cybersecurity and more
- Los Angeles Times: Chubb bans coverage for coal, a first for big U.S. insurance firms
Opinion
Have a great day!
Yann