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Sunverge and LG partner on residential virtual power plant project

The project is expected to evaluate time of use and real-time pricing signals, load shaping and shifting, and event-based demand response.

NextEra Energy sells a stake in a renewable energy portfolio for $849 million

The deal includes long-term O&M agreements for the solar, storage, and wind assets.

Sunrise brief: Canadian Solar funds growth plans via stock sale

Also on the rise: UK scientists probe perovskite cell structures to better understand how they work, and the International Trade Commission says that Section 201 tariffs should be extended.

CIT Group arranges finance for Texas solar project

The 260 MWdc Brazoria West Solar Project is under construction, with commercial operation planned for 2022.

U.S. decarbonization goals hinge on scaling up heterojunction cell tech

HJT technology could fill an innovation gap in the residential and commercial rooftop PV market, and boost U.S. solar leadership through domestic manufacturing of cells and modules.


Canadian Solar raises $150 million to fund possible acquisitions

The company said it will use the proceeds for its long-term strategic growth plans, including investing in its battery storage business and growing its storage pipeline.

ITC says that Section 201 tariffs should be extended

The issue now moves to President Joe Biden who will decide whether or not to extend the tariffs beyond their February 2022 expiration.


People on the Move: Delta Solar, Convergent Energy, Volt Energy Utility, and more

Job moves in solar, storage, cleantech, utilities, and energy transition finance.

Sunrise brief: Investors are targeting renewables–and hydrogen–like never before

Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.

Energy storage firm Broad Reach gets a $400 million equity infusion

The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.

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