Array Tech Prices Above. ARRY is pricing at $22, a bit above the range listed in the filing. Congrats to the New Mexico based team for what starts a great future as a public company. Note that most of the capital is going to shareholders selling shares.
CALSSA All-Member Meeting. Join us this Thursday for the largest membership meeting ever held by a solar trade association. If you’re not a member of CALSSA, it’s easy to join and I’m happy to help you do just that. Register here for the all-member meeting.
Get The Power. Later this year, the residential solar market is going to get some major savings with most of their balance of systems when the shift to higher power solar modules really gets going. With power density going up more than 10%, those savings will trickle down to mounts, rails, inverters, labor and wire and hopefully into installers’ wallets. Make sure you are getting the best modules and pricing possible by joining the SolarWakeup Buyer’s Group. You can see the pricing on our price discovery page.
- Bloomberg: Oaktree-Backed Solar Firm Array Technologies’ IPO Raises $1.05 Billion
- Solar Builder: Half of residential home battery buyers cite the financial savings, reports EnergySage
- Solar Power World: Illinois legislators call for passing Path to 100 legislation and increasing diversity in renewables
- Greentech Media: 5 Would-Be European Giga-Scale Solar Manufacturers
- GreenBiz: Green steel is a multi-billion dollar opportunity
- Utility Dive: Exelon, DTE deny reports of non-utility asset sales, but such deals may be increasingly likely
- Axios: BlackRock invests $118 million in U.K. electric vehicle startup Arrival
- Vox: The 2 best ways to hold companies to their climate commitments
Opinion
Best, Yann