ReVision Energy to acquire Sunbug Solar, expanding Massachusetts footprint
Once the acquisition is complete, Sunbug will operate under the ReVision brand, serving New England customers with all electric technology including solar, heat pumps, EV chargers, heat pump water heaters and battery storage.
Nextracker announces split from majority holder, raises 2024 earnings outlook
Majority holder Flex plans to spin off its remaining interests in Nextracker. Plus, the company raised its earnings guidance for 2024.
Sunrise brief: American Battery Factory breaks ground on $1.2 billion Arizona gigafactory
Also on the rise: TotalEnergies adds a 280 MW Texas solar facility to its portfolio. Sunnova misses on Q3 earnings, posts sunny forecast for 2024. And more.
Duke completes sale of renewables business, renamed to Deriva Energy
As part of Brookfield, Deriva has 5.9 GW of clean energy assets operating and under construction.
Global solar industry corporate funding grows 55% year-over-year
Through the first nine months of 2023, $28.9 billion of venture capital, public market, and debt financing was injected into solar, said a report from Mercom Capital Group.
Sunrise brief: IRA one year later and the future of community solar
Also on the rise: Ohio community solar pilot would unlock 1.75 GW market. On the Floor at RE+: $12/module recycling, Tesla Powerwall III specs, EV vegetation management, and more.
Maxeon to acquire shingled cell solar patents from Complete Solaria
In addition to the solar panel patent portfolio, Maxeon will gain complete Solaria’s dealer channel operations and contracts.
Sunrise brief: Arizona approves cut to solar compensation rates
Also on the rise: “Make it burn” and other lithium-ion first responder guidance. Coalition urges Biden Administration to scrap hydrogen hub plans. And more.
Engie acquires Broad Reach Power
Engie has acquired 350 MW of operating storage assets and 880 MW of assets under construction from U.S. battery specialist Broad Reach Power, with commissioning of the latter assets expected by the end of 2024.
Nautilus acquires 23 MW of community solar assets in Maryland
Nautilus is no stranger to community solar in Maryland, having been an early participant in the community solar pilot program. The company owns and manages nearly 90 MW of operational and late-stage development projects in the state.
