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Top related persons:
Dan Shugar - 6 Shugar - 3 Jim Cramer - 3 Goldman Sachs - 2 Nextracker - 2 Christoph Dernbach - 1 Lawrence - 1 Goldman - 1
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CNBC - 4 Department of Energy - 2 Getty - 1 Big Tech - 1 Wall Street - 1 Lawrence Berkeley National Laboratory - 1 U.S - 1 DOE - 1

Search resuls for: "Dan Shugar"


8 mentions found


☆ Renewable energy will be the predominant power source for data centers, Nextracker CEO says
  + stars: | 2024-06-07 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +4 min
The solar panels are part of the renewable energy sources that power Apple's European data center in Viborg. "There'll be some gas, but we believe based especially on the data published by the DOE, the predominant energy source for these data centers is going to be renewable energy," Shugar told CNBC in an interview Thursday. Whereas older data centers may have been 100 to 200 megawatts in size, some of the "monster data centers" today may be as big as 1,000 megawatts, Shugar said. Microsoft, for example, recently signed a massive renewable energy deal with Brookfield Asset Management. The companies described the agreement as the largest renewable energy deal signed between two corporate partners to date.
Persons: Christoph Dernbach, Dan Shugar, Lawrence, Shugar, Goldman Sachs, Goldman Organizations: Getty, Big Tech, Wall Street, Lawrence Berkeley National Laboratory, Department of Energy, U.S, DOE, CNBC, Goldman, Microsoft, Brookfield Asset Management Locations: Hanstholm, Denmark, Viborg, Nextracker, California
☆ The U.S. is our strongest market, says Nextracker CEO Dan Shugar
  + stars: | 2024-05-14 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
The U.S. is our strongest market, says Nextracker CEO Dan ShugarNextracker Founder and CEO Dan Shugar joins 'Mad Money' host Jim Cramer to talk quarterly results, where its seeing growth, the impact of weather on its business and more.
Persons: Dan Shugar Nextracker, Dan Shugar, Jim Cramer
☆ Jim Cramer adds three Bullpen stocks, including one that's a traffic cop for the internet
  + stars: | 2024-04-02 | by ( Jeff Marks | ) www.cnbc.com   time to read: +5 min
During our Investing Club Monthly Meeting last Wednesday, Jim Cramer announced three new additions to the Bullpen: Cloudflare , ServiceNow , and Nextracker . NET YTD mountain Cloudflare YTD The primary goal is reliability — making sure the website is managing traffic smoothly and, above all else, stays accessible. NOW YTD mountain ServiceNow YTD "They have become the great facilitator of much of the non-client facing AI at the enterprise and the government. NXT YTD mountain Nextracker YTD Previously this technology was considered too expensive, but Nextracker has been able to lower its costs to the point where it's now much more competitive. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, You've, Cloudflare, Matt Prince, Jim, he's, Cramer, ServiceNow, Nextracker, Goldman Sachs, Dan Shugar, Jim Cramer's Organizations: Nvidia, Accenture, NXT, Technologies, Barclays, Jim Cramer's Charitable, CNBC Locations: U.S, Nextracker
☆ Solar CEOs bet that Red State investments will protect them from threat of Trump repealing IRA
  + stars: | 2024-03-15 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +9 min
First Solar , the largest panel manufacturer in the U.S., expects to receive about $1 billion in tax credits this year for making its products domestically. Eight of the top 10 congressional districts in terms of solar investments are represented by Republicans, according to the think tank. Enphase CEO Badri Kothandaraman is blunt that repealing the IRA tax provisions would hurt domestic manufacturing. Enphase makes inverters, a crucial component that converts solar energy harvested by panels into electricity that's usable in homes and in the power grid. Republicans appear less opposed to the wind and solar tax credits, Marcus said.
Persons: Biden, Trump's, Mark Widmar, Widmar, we've, who's, Badri Kothandaraman, Kothandaraman, Trump, Enphase, Tobin Marcus, Marcus, Wolfe, Dan Shugar, Shugar, John Berger, Berger Organizations: Republican, Financial Times, Republicans, House, First, CNBC, GOP, Center, American Progress, Wolfe Research, Senate, Trump, Investors, Detroit autoworkers, Department of Energy Locations: U.S, Arizona, Ohio, Louisiana, Alabama, Puerto Rico, Columbia , South Carolina, Arlington , Texas, Houston
☆ Nextracker CEO Dan Shugar: Solar panel efficiency has gone way up while costs have come down
  + stars: | 2024-03-04 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Nextracker CEO Dan Shugar: Solar panel efficiency has gone way up while costs have come downNextracker Founder and CEO Dan Shugar joins 'Mad Money' host Jim Cramer to talk the solar industry, competition in the space, political headwinds and more.
Persons: Dan Shugar, Jim Cramer
☆ Nextracker CEO says 'solar is unstoppable' as market sees 'unprecedented demand growth'
  + stars: | 2024-02-02 | by ( Spencer Kimball | ) www.cnbc.com   time to read: +3 min
Solar power is on a path to double every two to three years amid an "unprecedented period of demand growth" for new electricity generation, the CEO of Nextracker told CNBC. "Solar is unstoppable," Nextracker founder and CEO Dan Shugar said in an interview after the company's latest quarterly report. Nextracker manufactures systems for solar panels to track the direction of the sun. While the solar industry is fighting to emerge from the doldrums, Nextracker is significantly outperforming the sector. The company also raised its net income guidance for the year to $374 million to $429 million, compared to $237 million to $266 million previously.
Persons: Nextracker, Dan Shugar, Shugar Organizations: CNBC, Lazard Locations: U.S
☆ Solar firm Nextracker's shares soar in U.S. debut as IPO market 'thaws'
  + stars: | 2023-02-09 | by ( Jaiveersingh Shekhawat Mehnaz Yasmin | Jaiveersingh Shekhawat | Mehnaz Yasmin | ) www.reuters.com   time to read: +2 min
Feb 8 (Reuters) - Shares of solar-tracking business Nextracker Inc soared 26% in their U.S. market debut on Thursday, suggesting that the IPO market was showing signs of emerging from a prolonged freeze. "It's yet another sign that the 2023 IPO market is thawing. So it's a breath of fresh air," said Matthew Kennedy, senior IPO market strategist at Renaissance Capital. Nextracker raised $638 million from 26.6 million shares in its IPO on Wednesday, higher than its original plan of $534.9 million. Founded in 2013 by Chief Executive Officer Dan Shugar, Nextracker provides solar tracker and software solutions for solar power plants.
☆ Tackling the threat of mudslides in soaked California
  + stars: | 2023-01-16 | by ( The Associated Press | ) www.nbcnews.com   time to read: +7 min
Matt Udkow / Santa Barbara County Fire Department via AP fileWhy is California prone to mudslides? Since New Year’s Eve, the California Department of Conservation’s landslide mapping team has documented more than 300 landslides. Lancaster said California has dramatically increased its efforts to identify hotspots since the Montecito mudslides. After the 2018 mudslides hit Montecito, the Los Angeles Times reported that debris basins above the community were undersized and hadn’t been sufficiently emptied. The organization hired an engineering company to map the canyons and installed debris nets.
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