The deal includes long-term O&M agreements for the solar, storage, and wind assets.
The PVKONCEAL module skirt protects all of a module’s electrical components while maintaining sleek aesthetics for the lifetime of the installation.
The solar developer said the investment will increase iSun’s involvement brownfield redevelopment, dual-use projects, and emergent storage technologies.
FTC Solar’s Chief Technology Officer outlines how large-format, high-wattage modules and autonomous systems can drive down the levelized cost of energy of utility-scale solar power.
The company said it will use the proceeds for its long-term strategic growth plans, including investing in its battery storage business and growing its storage pipeline.
The issue now moves to President Joe Biden who will decide whether or not to extend the tariffs beyond their February 2022 expiration.
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
CSI’s parent Canadian Solar said it has a global battery storage pipeline of 21 GWh, including 2.9 GWh under construction.
A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.
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