Canadian Solar raises $150 million to fund possible acquisitions
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.
ITC says that Section 201 tariffs should be extended
The issue now moves to President Joe Biden who will decide whether or not to extend the tariffs beyond their February 2022 expiration.
Sunrise brief: Investors are targeting renewables–and hydrogen–like never before
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.
Energy storage firm Broad Reach gets a $400 million equity infusion
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
CSI Solar to cooperate with CATL on battery energy storage
CSI’s parent Canadian Solar said it has a global battery storage pipeline of 21 GWh, including 2.9 GWh under construction.
Utilities and financial investors are investing in renewables, especially hydrogen, like never before
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.
First Solar signs multi-year deals for 5.4 GW of modules
Lightsource bp and bp placed orders for around 4.4 GWdc of modules, with options for an additional 1 GWdc.
Startup Sunday: Haliburton backs flywheel energy storage
Also starting up: Haliburton funds a company capturing and using waste heat from solar panels, and nonprofit Native Renewables connects Navajo and Hopi families with solar power.
White Pine Renewables to develop Michigan’s first floating solar project
Once completed, 1 MW project will sell power to the township via a power purchase agreement.
American Battery approved to build battery recycling facility in Nevada
The facility will include a battery recycling building, an office building with laboratories, and a finished goods warehouse.
