Sunlight Financial files bankruptcy, acquired by industry consortium
Sunlight Financial, whose stock price has plummeted amid accumulating more than $500 million in underwater loans, has been acquired by a consortium led by Greenbacker Capital Management, Sunstone Credit, IGS Ventures.
Solar sales don’t need to be quick or accurate – they need to be both
A compelling proposal is crucial to grabbing the homeowner’s interest before they close the door and head back inside.
Sunrise brief: Advancing iron and salt batteries with $8 million in seed funding
Also on the rise: Enphase stock slides on weakened demand, significantly lowered Q4 guidance. DOE requests input on draft roadmap to fix utility-scale interconnection. And more.
Enphase stock slides on weakened demand, significantly lowered Q4 guidance
U.S. revenues dropped 16% from the previous quarter while European sales fell 34%.
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.
People on the move: Northland Power, Alberta Innovates, Jenner & Block, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
People on the move: Green Lantern Solar, Calibrant Energy, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Sunrise brief: Suniva announces IRA-driven manufacturing, undermining the value of solar tariffs
Also on the rise: DOE announces $7 billion to kick off seven regional clean hydrogen hubs. Historic agreement accelerates large-scale solar development while minimizing land use impact. And more.
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: Perch Energy raises $30M to expand community solar
Also on the rise: Swedish battery manufacturer to open factory in Canada. Growth of solar, wind cuts emissions in global electricity sector. And more.
