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.
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.
