Sunrise brief: DOE requests input on how to allocate $1 billion Puerto Rico Energy Resilience Fund
Also on the rise: The State of South Dakota looks to pencil in a few hundred megawatts of solar in the coming years. In a saturated market, energy storage emerges as a silver bullet. And more.
Luminia acquires New Hampshire community solar developer
Through the deal, Luminia picks up a solar portfolio totaling more than 218 MW, as well as 140 MW of solar development assets in Puerto Rico.
Brookfield Renewable nearly doubles development business to 110 GW from 62 GW
Post-IRA, the global renewable energy developer is moving forward development projects in the U.S., which increases the growth prospects of its renewable development businesses.
Enlight Renewable Energy to go public on Nasdaq exchange
Enlight is a renewable energy developer based in Israel that has an active operational portfolio and development pipeline of 17 GW solar and wind farms plus 15.3 GWh of storage in nine countries, including 17 U.S. states.
Duke acquires 175 MW Colorado municipal utility solar project
Under the agreement, Juwi will continue to develop, and provide O&M support to Duke for the municipal project
2022 energy storage financing, M&A activity increases
Mercom reports that equity financing and M&A transactions were both up more than 55% in 2022, as the energy transition draws new levels of investment.
Tigo Energy raises $50 million from L1 Energy
Tigo’s new capital is from L1 Energy, an investment fund of LetterOne (L1), which manages $6 billion in energy investments worldwide.
2022 saw a drop in solar funding, strong rise in acquisitions
Mercom reports that it was the second highest year for solar mergers and acquisitions, with an estimated 66 GW of solar projects sold to new buyers in 2022.
Nautilus acquires 54 MW New York community solar portfolio
The transaction represents the largest pre-operational portfolio Nautilus has made to date.
Sunrise brief: Testing prairie and pollinator agrivoltaics at a former nuclear power site
Also on the rise: DOE announces $750 million in funding to advance clean hydrogen technologies. Tigo Energy acquires predictive data analytics company FSIGHT. And more.
