U.S. corporate funding for solar energy falls 24% in 2024
Solar venture capital, mergers and acquisitions, and debt financing funding totaled $26.3 billion in 2024, according to report from Mercom Capital.
Wholesale electricity prices lower and more stable in 2024
Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage expands, and lower natural gas prices stabilize major markets in the U.S.
ABB recent acquisitions expand reach into renewables
As a global company that specializes in electrification and automation, ABB’s acquisition of Lumin and Gamesa Electric’s inverter and converter segment, expands its repertoire serving the buildout of clean energy technologies.
Texas, the ‘Wild West’ of grid services, lands a new VPA
A new virtual power plant power purchase agreement program offered by Solrite and Sonnen may reinforce the Texas power grid and provide back-up renewable power at no additional cost to enrolled homeowners.
People on the move: One Power, Spearmint, NeoVolta and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
People on the move: Nevados, SOLV Energy, SETO and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Despite wind and solar’s low costs, PPAs remain vital
A new ACORE report says corporate use of power purchase agreements remain integral to getting large solar projects off the ground.
IRA returns 4X on taxpayer investment
A recent report by American Clean Power finds that the Inflation Reduction Act of 2022 will create millions of jobs, boost economic growth and have lasting impact on the U.S. economy.
Sunrise brief: SolarEdge stock jumps as the company announces more layoffs
Also on the rise: Ohio’s largest solar project goes online. Tesla smashes its own records with big increase in energy storage deployments in 2024. And more.
Qcells acquiring community solar projects in New York
The $49.5 million sale will include four community solar projects that total 25.58 MW.
