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Finance

Mosaic passes milestone for solar funding; Welcomes new board member

Mosaic surpasses $6 billion in loans for residential solar installations and sustainable home improvements

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.

CIT Group lines up refinancing for 130 MW solar portfolio

The deal follows an earlier $210 million financing package for a 260 MW Texas solar project.

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.

Wells Fargo provides tax equity financing for solar+storage project

The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.

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.

Sunrise brief: Canadian Solar funds growth plans via stock sale

Also on the rise: UK scientists probe perovskite cell structures to better understand how they work, and the International Trade Commission says that Section 201 tariffs should be extended.

CIT Group arranges finance for Texas solar project

The 260 MWdc Brazoria West Solar Project is under construction, with commercial operation planned for 2022.

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.

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