Solar project and finance updates: Texas, New Mexico and eastern U.S.
OCI Energy closes a utility-scale solar project sale, National Renewable Solutions activates a project in New Mexico, and SolAmerica Energy closes on a revolving credit facility for distributed solar in the eastern U.S.
SolMicrogrid to buy near-complete C&I solar, microgrid projects
The company’s energy-as-a-service partner program will provide discounted renewable energy rates to the customer while offering developers a quick cash sale for their projects nearing completion.
People on the move: FERC, Northern Sun Energy, Streetleaf
Job moves in solar, storage, cleantech, utilities and energy transition finance.
How one Texas solar company cut engineering and permitting time from 40 days to four
New tools in the residential solar space help reduce the time it takes for engineering and permitting, providing streamlined processes and lowering costs as the industry faces the end of the solar tax credit.
Vertical integration in solar? Harder than it looks
While owning customer relationships and generating assets is enticing, it’s not as straightforward as it might seem, according to Zoë Gamble of CleanChoice Energy.
People on the move: Georgia Power, RFF, Arclight Capital Partners
Job moves in solar, storage, cleantech, utilities and energy transition finance. And the job of the week.
Revised solar stock investment risks
The Invesco Solar ETF (TAN) underperformed the S&P 500 and Dow Jones Industrial Average (DJIA) in April 2025. Jesse Pichel of Roth Capital Partners attributes this to concern over proposals included in the U.S. administration’s budget reconciliation bill that could be detrimental to the solar industry.
Tesla taps LG Energy for $4.3 billion energy storage deal
Tesla has selected LG Energy Solution (LGES) to supply lithium iron phosphate (LFP) batteries for its US energy storage products in a deal reportedly worth $4.3 billion, according to South Korean media.
Tesla Energy has quietly become the company’s most profitable division
After years of negative margins, Tesla’s energy division is now a key driver of profitability. So far in 2025, the division has contributed 23% of Tesla’s total profit while accounting for just 13% of revenue, boosting the company’s overall profitability by nearly 2 percentage points.
People on the move: Fullmark, IREC and the job of the week
Job moves in solar, storage, cleantech, utilities and energy transition finance.
