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Greentech Media’s Must-Read Solar Stories of 2020

With 2020 righteously drawing to a close, we here at Greentech Media are taking a look back at all the news we covered.

It was a year unlike any other. In the solar industry, large-scale solar is expected to hit annual capacity records. At the same time, home solar companies struggled to keep afloat during some of the worst months of the coronavirus pandemic. And with a new president headed for the White House, clean energy is hoping to get a significant boost, though it weathered years of policy uncertainty under Trump while still installing significant volumes.  

Here are some of the biggest themes and stories we covered in 2020 to give you a head start on 2021.

‘No One is Being Spared’: Coronavirus Shutdowns Sap Demand for Residential Solar

In the early days of the pandemic (remember those?) residential solar companies such as Sunnova described “herky-jerky” demand as the industry struggled to come to terms with the crisis.

A New Response to Coronavirus: Giving Solar Away for Free

After suffering waning demand, solar companies had to come up with innovative ways to boost sales. Many, particularly in the residential sector, turned to cut-rate deals.

Would US Solar Tariffs Disappear Under a Biden Administration? Don’t Count On It

President Trump’s most significant move on solar during his time in office was instituting Section 201 tariffs. President-elect Joe Biden may keep them around.

Solar Tariffs Boosted US-Produced Modules, But Industry Remains Split on Their Future

Tariffs have bifurcated the U.S. market, with U.S. manufacturers largely encouraging them and developers plus the industry’s largest trade group, the Solar Energy Industries Association, opposing them. In February, a midterm review of the tariffs’ impact showed the tariffs had encouraged module manufacturing in the U.S. but did not do the same for solar cells. Biden, who has pledged to boost U.S. manufacturing, faces a formidable task in boosting the domestic clean energy industry.

Sunrun to Acquire Vivint Solar, Creating Home Solar Giant

Amid a devastating pandemic that challenged the residential solar industry, the U.S.’s two largest players announced they were joining. The purchase grows Sunrun’s portfolio to half a million customers, accounting for a near 20 percent market share that significantly outranks any competitor. The acquisition closed in October.

From Backwoods to Bankrupt: the Rise and Fall of Real Goods Solar

In 2020, Real Goods Solar ended a long run in the industry, after evolving from a start with “hippies in the woods” to an IPO in 2008. A not uncommon cautionary tale in the industry, the company was unable to balance growth with profit as it aged from its early years through the solar boom of the mid-2010s.  

This Swiss Asset Firm is Buying Up America’s Largest Solar Projects

Capital Dynamics, an asset manager based in Switzerland, has become one of the most significant owners of large-scale solar projects in the United States. GTM dug into what the company sees in acquiring solar and storage assets as more investors crowd the space.

Read More: Greentech Media’s Must-Read Solar Stories of 2020

2020-12-29 08:50:00

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