Sunrise brief: Solar wins big as new transmission projects advance
Also on the rise: Community solar developers merge, Summit Ridge completes a big rooftop community solar project, and CIT Group refinances a 20-project solar portfolio.
Sunrise brief: EPC contractor buy expands Koch’s solar reach
Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.
Ingeteam supplied battery inverters to California energy storage project
The 20 MW/80 MWh grid-connected project is owned and operated by Hecate Energy and was built by Mitsubishi Power.
Sunrise brief: ACORE report finds room for improvement in how renewables are valued
Also on the rise: NextEra Energy sells a 50% stake in a renewables portfolio for almost $850 million, and a discovery may lead to a big jump in perovskite solar cell efficiency.
NextEra Energy sells a stake in a renewable energy portfolio for $849 million
The deal includes long-term O&M agreements for the solar, storage, and wind assets.
iSun invests in Encore Renewable Energy
The solar developer said the investment will increase iSun’s involvement brownfield redevelopment, dual-use projects, and emergent storage technologies.
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.
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.
