Solar Generation To Rise To 20% From 3% of U.S. electricity By 2050 EIA Forecasts

The EIA nade a series of forecasts for the likely share of solar power for US electricity over the next thirty years. In 2020 solar power accounted for 3% of U.S. electricity generation from all sources. The agency forecasts that solar will account for 20% of U.S. electricity generation in 2050. EIA US Solar Power Projections Solar power accounted for 3% Solar will account for 4% in 2021 5% in 2022. 14% in 2035 20% in 2050 via EIA Electric Power … Continue reading “Solar Generation To Rise To 20% From 3% of U.S. electricity By 2050 EIA Forecasts”

German Solar Electric Vehicle Disruptor Sono Group IPO Debut

Germany-based Sono Group NV $SEV raised $150 million at a $1.1 billion market cap. The company is developing what it believes is disruptive solar technology, as well as a solar and battery powered vehicle. Sono Motors is developing the solar electric vehicle (SEV) for the masses, the Sion. It has reached more than 16,000 reservations with advance payments for the Sion, the solar electric vehicle (SEV) for the masses, German disruptive solar technology company Sono Group (SEV) Sono Group N.V. (parent company to … Continue reading “German Solar Electric Vehicle Disruptor Sono Group IPO Debut”

US Weekly IPO and SPAC Monitor : KinderCare & Braze

Heading into Thanksgiving another busy week ahead in the IPO market with 7 IPOs scheduled to bring in $1.9 billion. Childcare provider KinderCare Learning Companies $KLC and customer engagement platform Braze $BRZE Childcare provider KinderCare Learning Companies (KLC) Plans to raise $503 million at a $2.7 billion market cap. The company serves children from 6 weeks to 12 years of age through 1,480 early childhood education centers and 650 before- and after-school sites across 40 states and Washington DC. While KinderCare is a leader in … Continue reading “US Weekly IPO and SPAC Monitor : KinderCare & Braze”

Tesla Delivers Record Earnings Despite Global Supply Chain Headwinds

Tesla reported record  Q3 earnings after the market close Wednesday. $TSLA made $1.62bn in the third quarter, beating its old record $1.14bn last quarter. Tesla said it expects sales to grow an average of 50% annually.Gross automotive margins were 30.5%,up from 28.4% over the previous quarter.

Tesla Record Q3 Deliveries Surging 70% yr/yr Despite Chip Shortages

Tesla reported record Q3 deliveries Monday. $TSLA rose +19.58 to 794.80 on the news. Tesla has been able circumnavigate the chip shortages that are plaguing the auto industry and appears to be one step ahead compared to OEMs regarding chips

Tesla Profit Soars to Record $1.1 Billion Crushing Estimates

Tesla reported better than expected Q2 earnings after the market close Monday. $TSLA covered what the analysts focus was on, from Bitcoin, battery, supply chain shortages to CEO Elon Musk’s strategy. To be prepared we go into depth in the key areas to watch for.

Solar Power Systems Provider Sunworks Project Bookings Surge

Cutting edge solar power solutions provider Sunworks announced $10 Million in project wins for the third quarter. $SUNW is seeing an acceleration in activity and Improving Market Conditions for agriculture, commercial and industrial, public works and residential markets. The stock soared 45% on today’s market.

Tesla Larger Than Expected Loss But Cuts Cap Ex, Reaffirms Delivery Guidance

Electric vehicle and storage company Tesla reported worse than expected earnings Wednesday with a larger loss and lower revenue. $TSLA fell over 10% on the news, however the company reaffirmed full-year delivery guidance, mostly Model 3s.

Jinko Solar Beats Earnings Forecasts Higher Solar Panel Production

Jinko Solar, the world’s largest solar panel manufacturer, reported better than expected earnings before the open Monday. $JKS, headquartered in Shanghai, China sees for the full year 2018 total solar module shipments to be in the range of 11.5 GW to 11.8 GW.