HVAC, lighting and solar integrator raises Series E round
The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.
Ikea bets on Meyer Burger’s heterojunction solar modules
Between 2025 and 2029, the investment company of the Swedish furniture group will purchase solar modules produced in the U.S. by the Swiss photovoltaic manufacturer. The agreement is the basis for Meyer Burger to increase annual production capacity at its Arizona site to around 2 GW.
People on the move: Morningstar, SolarEdge, RWE Clean Energy and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Virtual power plants could save utilities up to $35 billion by 2033
The Brattle Group compares the net cost of providing 400 MW of resource adequacy from three resource types: a natural gas peaker, a grid-interconnected battery system, and a VPP composed of residential demand flexibility technologies.
Sunrise brief: Solar testing group warns of degradation risk for TOPCon
Also on the rise: Big PV plants may have positive climate impact in deserts, say researchers. California bill to mandate bidirectional chargers for all EVs sold after 2026. And more.
Delta-Q reaches full-scale production of electric vehicle charger with DC-DC converter
The Vancouver-based company introduced a 3.3 kW charger with a converter compatible with the vehicle’s auxiliary DC loads.
Solar testing group warns of degradation risk for TOPCon
The Renewable Energy Test Center (RETC) raised the issue of ultraviolet-induced degradation of the trending technology in its PV Module Index 2022.
Big PV plants may have positive climate impact in deserts, say researchers
Chinese researchers have discovered that solar plants might reduce evaporation and wind speeds in the Gobi Desert, while also increasing soil relative humidity, according to a series of simulations with different emission scenarios.
BayWa r.e. procures credit facility for 2024-26 portfolio
Funding will support BayWa r.e.’s efforts to advance its pipeline of solar, solar-plus-storage (1.1 GW) and storage projects (188 MWh) across five states.
Oregon utility’s IRP calls for 400 MW energy storage development
The 400 MW nameplate capacity projects can provide enough clean power for 260,000 homes at four-hour intervals during peak power usage times such as weeknights from 5 p.m. to 9 p.m.
