Hail risk may bring financial instability to solar projects
To ensure sustainability and financial viability, the solar industry needs a critical reevaluation and enhancement of both technical protective measures and financial risk management practices for solar installations in hail-prone regions.
Acquisition of Avantus complete
KKR, a leading global investment firm, acquired the utility-scale solar and storage developer and closed a $522 million development facility to advance Avantus’ pipeline.
People on the move: Origis Energy, EVPassport, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
GADS reporting required for far more solar facilities in 2025
With the North American Reliability Corporation’s Generating Availability Data System’s requirement dropping for 100 MW to 20 MW solar installations, many more solar installers will need to comply.
DOE’s Liftoff Plan: Three actions utilities can implement
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.
Residential solar company SunPower stock crashes 70%
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.
Sunrise brief: First Solar commissions 1.3 million square-foot R&D facility
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.
North American solar power purchase agreements rise 3% in Q2
LevelTen Energy released its quarterly PPA Price Index Report, showing an increase in prices following a modest drop in Q1.
Solar corporate funding drops to $16.6 billion in H1
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.
Sunrise brief: U.S. residential solar down 20% in 2024
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.
