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Finance

IRA clean energy projects to create 30,000 North Carolina jobs, $10 billion to GDP

Over $7.6 billion in wages are expected to be generated from already-announced Inflation Reduction Act supported projects, said a report from E2.

Sunrise brief: California cuts interconnection costs for distributed solar developers that agree to export limits

Also on the rise: NABCEP conference 2024 shining bright in Raleigh. KKR and EIG invest more than $1 billion in equity and debt financing in Avantus. And more.

Doral Renewables secures $114 million for Ohio solar project

The utility-scale solar project will supply power to the PJM regional transmission operator.

KKR and EIG invest more than $1 billion in equity and debt financing in Avantus

With this climate strategy investment, KKR and EIG become sole equity investors in Avantus, a company assembling one of the largest solar-plus-storage portfolios in the United States.

Direct pay process, tax credit transfer recapture risk and more

At the Solar Energy Industry Association’s annual event in Times Square, experts delved into the complexities of the Inflation Reduction Act and its impact on solar financing.

Major U.S. bank signs $140 million tax equity deal for Louisiana solar project

Barclays and Lightsource bp agree to finance deal to construct 180 MW Prairie Ronde solar farm in St. Landry Parish.

Florida-based rooftop solar and storage company goes public

Regional solar, storage, and energy efficiency provider Sunergy: By Zeo Energy joined the NASDAQ exchange following an acquisition by ESGEN Acquistion Corp.

DOE Loan Programs Office announces $72.8 million for microgrid on Tribal lands

The 15 MW / 38 MWh Viejas Microgrid is the first project to be offered a conditional commitment through the Tribal Energy Financing Program.

Longroad Energy installing U.S.-made First Solar modules in Arizona solar-plus-storage plant

The 220 MWdc solar and 214 MWac / 855 MWh Serrano solar-plus-storage project will also feature Powin’s BESS, Sungrow inverters, and Nextracker trackers.

Decarbonized aviation attracts venture capital

Since 2016, some $2.4 billion worth of venture capital flowed to companies developing electric aviation and other air travel decarbonization technologies with a strong start in investment volume in 2024, according to Dealroom.co, a Dutch data and intelligence firm.

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