First half 2023 total solar corporate funding increased 54% year-over-year
According to Mercom’s Solar Funding report almost 25.5 GW of solar projects were acquired in the first half of the year, totaling $18.5 billion.
Duke Energy sells commercial DG business to ArcLight Capital
Combined with the sale of its utility-scale renewables business, Duke Energy has divested $3.16 billion worth of utility and distributed generation solar assets this year as the utility shifts its business to focus on its core regulated holdings.
Complete Solaria to go public via SPAC merger
Complete Solaria, an integrated provider of solar installation solutions using Solaria’s own solar modules, plans to list on the Nasdaq Stock Market under the ticker “CSLR” by the end of July 2023.
New solar development company launches in Phoenix, Arizona
Hawthorne Renewables is slated to receive $250 million in investments over the next three to four years from European equity firm Omnes Capital.
Standard Solar acquires 2.61 MW solar project at Lehigh University
Lehigh University’s solar installation is expected to fully power its campus athletics facility, allowing the school to meet 100% of its electricity demands while offsetting 8% of its local grid power consumption needs.
Rooftop solar installed on California new construction mutlifamily housing
The Michaels Organization is expected to cover 20% of its electricity needs with the rooftop solar arrays.
Residential solar developer Suntuity to go public
Suntuity Renewables announced plans to go public this week through a merger with special purpose acquisition company (SPAC), Beard Energy Transition Acquisition Corp.
Canadian Solar ships 6.1 GW of modules in Q1 2023
This record volume of shipments was a 68% increase over the same quarter last year.
Sunrise brief: House votes to resume solar tariffs
Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA
True Green Capital acquires majority stake in CleanChoice Energy
CleanChoice has a solar development portfolio of over 300 MW.
