Finance

Also on the rise: National Grid, Convergent Energy + Power partner on solar and storage for no-wire resiliency. Bank of America banks on Electrify America EV charging. Nextracker, Silicon Ranch reach 1.5 GW supply agreement. And more.

The solar loans, available to Florida customers, come with no dealer fees. The company seeks partnerships with residential and commercial installers in the state.

With the emerging energy justice agenda, US policymakers could use incentives to help low- to moderate-income households adopt solar, according to a recent Lawrence Berkeley National Lab report.

Massachusetts and Rhode Island low-income families that do not qualify for traditional loans will have an option made available through a partnership by the Capital Good Fund and installers Cotuit Solar and Got Sun Go Solar.

Ambient Photonics will build a fully automated manufacturing facility to produce solar cells for powering consumer electronics.

The fintech company will now focus exclusively on its solar business, which has quickly become its best-performing product since launching in 2021.

Also on the rise: Hanwha Solutions to expand solar cell and module manufacturing in the United States and Korea. The pv magazine tour of solar incentives stops in Vermont, home to aggressive renewable energy mandates and a one of the nation’s most forward-thinking utilities. IKEA to offer SunPower residential solar and energy storage. Electric vehicles are cheaper than gas-powered, depending on the state and incentives.

Owning an electric vehicle can save drivers thousands of dollars per year, with $6,000 average savings over the vehicle’s lifetime, but the savings is dependent on rebates, state fees, and the cost of gas and electricity.

Also on the rise: Common Energy raises $16.5 million to expand community solar access nationwide. Scientists, industry players reveal plans for new LETID testing standard. OMCO Solar shores up manufacturing with $5 million investment. First Resilient Service Station microgrid project completed in Massachusetts. olar Alliance to design and build 500 kW solar project in Kentucky. Emissions-free battery recycling facility will use electricity rather than smelting.

The investment will allow OMCO to manufacture its Origin Tracker Torque Tubes at OMCO’s Indiana and Arizona locations.