Sunrise brief: Direct pay process, tax credit transfer recapture risk, and more
Also on the rise: Major U.S. bank signs $140 million tax equity deal for Louisiana solar project. Florida-based rooftop solar and storage company goes public. And more.
A “Swiss Army Knife” for home energy management
FranklinWH chief commercial officer Vincent Ambrose met with pv magazine USA to share his view of the evolving home energy storage industry.
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.
247Solar closer to commercializing modular concentrating solar plant
Taking a page from the solar PV and wind industries, the 247Solar Plant is modular and the majority of its components are mass produced and can be assembled at the site.
Colorado startup develops air-source steam heat pump for industrial use
Colorado-based AtmosZero has closed a Series A funding round that will help it accelerate the commercialization of its Boiler 2.0 technology. The air-sourced heat pump generates steam for industrial use and can be combined with PV generation and storage.
After-sale support key to boosting off-grid solar
A new survey from US-based impact measurement company 60 Decibels shows off-grid energy customers are currently facing a series of challenges such as product affordability, gender inequality, customer support, further investment in minigrids, and over-indebtedness. The report, however, reveals that most users say the quality of their lives “very much improved” thanks to off-grid PV.
U.S. scientists build hybrid energy system integrating PV, radiative cooling
The hybrid system has a cooling power of 63.8 W/m2 and a photovoltaic power output of 159.9 W/m2. According to its creators, the cooling capacity provided by the system can be used in buildings or refrigerators.
Sunrise brief: Solar asset underperformance estimated to cause $4.6 billion in annual losses
Also on the rise: California ruling requires assessment of public health and environment in renewable portfolio standards, New Mexico upholds community solar, and more.
