Ryan Kennedy
DEPCOM Power is constructing Puerto Rico’s largest hybrid solar project
The company is developing a 90 MW solar / 51.5 MW energy storage project with an agrivoltaic pilot program.
California rooftop solar installations drop 80% following NEM 3.0
Over 17,000 layoffs have occurred, representing 22% of the industry. More job losses are expected.
New Hampshire seeks $70 million to expand low-income community solar
The state’s Department of Energy requested a federal grant under the EPA’s Solar for All program.
SB Energy secures $2.4 billion for incentive-rich utility-scale solar projects
The 1.3 GW portfolio of projects are among the first to take advantage of the domestic content adder from the Inflation Reduction Act and are also qualified for the energy community credit adder.
Fluence Energy achieves profitability, posts 85% revenue growth
The energy storage provider beat fiscal year guidance for both revenue and adjusted gross profit.
Michigan passes 100% clean energy mandate
The Clean Energy and Jobs Act includes several bills that include a mandate that utilities sell 100% of electricity generation from emissions-free sources, though environmentalists argue it has opened the door for non-clean sources to participate.
Utility-scale solar projects secure billions in financing
Developers secured $1.3 billion in financing for a project in Utah and over $300 million each for project portfolios in Arkansas and the Dominican Republic.
Renewables developer Longroad Energy secures $600 million in debt financing
The funding adds to a $500 million equity investment made in Longroad Energy in 2022.
D.C. area targets 250,000 solar rooftops by 2030
There are currently about 72,000 solar rooftops in the target region that includes Washington D.C., Northern Virginia and parts of Maryland.
Solar wafer prices marginally rise, supported by currency exchange rate
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
