People on the move: ABC Supply, Kelsun, Luminia, Marathon Capital, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Yotta and Sunstone partner to offer commercial storage solutions
Partnership will expand business’ access to Yotta Energy’s energy storage solutions with solar loan financing backed by Sunstone Credit.
Google partners for 500 MW environmental justice-focused distributed solar portfolio
The largest corporate backing of distributed solar in the United States, in partnership with EDP Renewables, will be funded in part through Google’s purchase of renewable energy credits called the ImpactREC.
Con Edison sustainability report highlights 3 GW of renewables deployments
The utility’s 2022 report highlights milestones the New York company is making to procure distributed solar, storage, energy storage resources, EV charging and heat pumps in the coming decade, as it strives to become fully net zero by 2040.
Sunrise brief: Republican debt ceiling bill guts clean energy in Inflation Reduction Act
Also on the rise: Driven by solar, California’s net demand hit zero on Sunday. Tracking the sun on uneven terrain. And more.
Sunnova secures $3 billion for virtual power plant loan program
A $3 billion Department of Energy conditional loan is expected to support Sunnova’s loan program for disadvantaged communities.
Tesla energy storage deployments increase by 360%
In its Q1 2023 report, Tesla noted that volatile weather slowed solar power deployments to 67 MW. The company was silent on solar otherwise.
Department of Energy announces new investments to accelerate community solar in the U.S.
Over $8 billion is available through prizes, private capital and a conditional loan commitment to expand access to cheaper, cleaner energy and to deploy solar power in underrepresented communities.
Ascent boosts production with acquisition of 15 MW Swiss thin-film producer
With the closing of this deal, Ascent will triple its production capacity from its 5 MW of existing nameplate capacity production.
Lazard LCOE report sees “zero cost” solar and wind due to IRA
The analyst group’s annual levelized cost of energy comparison shows increasing prices due in part to increased interest rates – with utility-scale solar power’s midpoint pricing up by 66%.
