Finance

Funds are expected to support commercialization of company’s closed loop battery material production.

Denver-based SunShare said the investment will allow it to expand into new states.

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Also on the rise: Tesla is supply batteries for energy storage projects in Arizona and New Mexico, and our series “how long does it last” looks at residential inverter technology.

The first phase of the project is expected to enter service in June with full commercial operation anticipated for fall 2022.

Also on the rise: JinkoSolar’s “very challenging” Q2, Silfab secures an investment, and megawatt-scale solar e-truck charging rolls into California.

The module manufacturer reported a gross profit of $210.5 million, up 0.1% from the first quarter but down 10.2% from the second quarter of 2020.

The investment is expected to provide growth capital for increased domestic production and sourcing, and to enable new generations of modules.

Also on the rise: Price increases and trade uncertainty weigh on solar, TVA prices a green bond offering, and we look at factors that affect rooftop solar longevity.

Proceeds will fund investments in renewable energy generation, energy storage, transmission system upgrades, and development of advanced clean energy technologies.