The Department of Energy moved to de-obligate or revise billions in financing for clean energy projects while prioritizing natural gas and nuclear power.
While global solar corporate funding in 2025 fell to the lowest level recorded since 2020, deal count rose to its highest level since 2017. Mercom Capital Group says investors favored smaller, lower-risk, execution-ready projects last year amid policy uncertainty, trade pressures and higher financing costs.
The investment supports the development of a 1.2 GW AI data center campus in Milam County, Texas, and integrated solar and energy storage infrastructure projects.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Additional funds of $40 million from AB CarVal will support pipeline expansion into new markets and technologies.
The capital will fund development expenditures for solar, wind, and battery storage projects across North America.
The transaction involves Section 45X credits generated from solar module manufacturing through December 2025.
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Capital continues to move in the solar industry, as three independent power producers closed deals combining for nearly $500 million.
GoodLeap, which provides financing for home solar, energy storage, and more, announced a securitization sponsored by Bank of America.
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