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Will bidirectional EV charging kill generators? Generac downgraded by stock analysts

Charged

Analysts at investment bank Jefferies recently downgraded Generac Holdings (NYSE: GNRC), one of the best-known providers of backup generators, to an Underperform rating, citing a variety of risks including competition from bidirectional charging technology. Some investors are beginning to make that connection.

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Vestas Acquires Full Control Of Offshore Turbine Business

GreenTechMedia

The all-stock deal is valued at around €709 million ($832 million). “We won’t achieve market leadership with the current turbine,” said Henrik Andersen, group president and CEO of Vestas, during an analyst call. MHI Vestas’ largest turbine is currently rated at 10 MW. MHI will take a 2.5

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Tesla reports fourth consecutive quarter of profit, is now eligible to join S&P 500

Charged

Tesla can’t seem to take a wrong turn these days—the company announced a second-quarter profit that sent the stock price soaring, and cleared the way for the California carmaker to be added to the S&P 500 stock index. Was this a better-than-expected result, or as stock analysts call it, a “beat?”

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Sunnova Logs Another Quarterly Loss, but Picks up Solar Dealers Amid Coronavirus

GreenTechMedia

The company's stock dipped about 4 percent in response. Prior to the coronavirus and related shutdowns, analysts at Wood Mackenzie expected residential solar to log another record year after a big 2019. Sunnova affirmed that guidance on Thursday, despite posting a net loss of about $73.3

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Design considerations for interconnect technology used in EV powertrains

Charged

Market analysts now expect them to exceed sales for all new internal combustion engine (ICE) vehicles within the 2025 timeframe – far earlier than their previous projections had outlined (where this was not forecast to happen before 2030). These contacts are embedded into robust plastic housings that have UL94V-0 anti-flammability ratings.

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California Clears PG&E Bankruptcy Plan as Critics Call for Public Takeover

GreenTechMedia

But whether it can successfully rebuild its finances and make its power grid safer without drastically raising rates on millions of customers is far from clear. billion in PG&E stock to fund it. billion in PG&E stock to fund it. Sperduto, principal energy research analyst at S&P Global Market Intelligence.

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This California Utility Is Now Measuring Building Electrification in “Avoided Carbon”

GreenTechMedia

SMUD is the first utility in the country to count avoided carbon emissions from the existing building stock as part of its progress on energy efficiency. The switch to "avoided carbon" is part of SMUD’s ambitious effort to accelerate decarbonization of its existing building stock. New buildings, new policy battles.

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