While it may take more time for solar energy to become an integral part of power generation across the U.S., utility companies can prepare now to capitalize on the opportunities ahead as the DOE initiative moves to transform the grid for generations to come.
The company’s share price fell below $1 as it announced it is halting some operations and ending its lease and power purchase agreement offerings, among other actions.
Also on the rise: North American solar power purchase agreements rise 3% in Q2 Intersect Power closes $837 million in financing for three Tesla battery systems in Texas. And more.
LevelTen Energy released its quarterly PPA Price Index Report, showing an increase in prices following a modest drop in Q1.
High interest rates, an uncertain rate trajectory and timeline, increasing trade barriers, supply chain challenges, concerns about the presidential election’s impact on the sector, and constantly evolving trade policies have created a climate of uncertainty.
Also on the rise: $1B in financing for 400 MW/1600 MWh solar-plus-storage project. Peak Energy secures $55 million Series A funding to manufacture sodium-ion batteries. And more.
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Also on the rise: Aurora adds automated permitting to its toolbox with acquisition of Lyra. Solar electricity “a good idea” for 83% of poll respondents. And more.
Lyra provides permit packaging software that automates permit-ready solar designs.
Also on the rise: Fracsun introduces AI-powered solar soling loss simulator tool, GoodWe unveils double-glass TOPCon bifacial solar modules, and more.
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