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Finance

PetersenDean, a regional solar installer and roofer, seeks chapter 11 bankruptcy protection

PetersenDean came to solar from the roofing world and has long been a top-ten U.S. solar installer with a multi-state regional practice.

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Analyst expects ‘unprecedented’ consolidation of Chinese solar industry

Private PV manufacturers and project developers alike are set to be squeezed out by the state in the world’s biggest solar market, according to Frank Haugwitz, who has compiled a wide-ranging report as preparations for the next five-year plan gather pace.

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Updated: A roundup of venture capital funding in clean energy

Batteries have won the lion’s share of recent cleantech venture capital — but here are some recent funding rounds for fusion, graphene, electrical panels, circuit breakers, geothermal drilling and direct-air capture of CO2.

Loanpal solar loan securitization tests the water, signals a post-Covid market reopening

“Solar loans have proven to be a resilient asset class through these turbulent times.”

Job Moves at ABB, Energy Impact Partners, SolarEdge, Enel X, Solaria, Engie, Nexamp, Eos, EEI

Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.

The best way to RFP a solar project: don’t

Your company has decided that it’s time to go solar. A solar RFP might seem like the most logical way to go, but there are drawbacks that can lead to slower kick-off, lower quality work and financial underperformance. Here are some questions you should ask yourself to avoid these pitfalls.

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South African startup raises $3M for crowd-funding solar project finance with a crypto bitcoin twist

Since financing and developing a commercial solar project wasn’t enough of a challenge, SunExchange adds crowdfunding and cryptocurrency to the mix.

8minute Solar Energy raises $225 million for 18 GW pipeline of solar and storage

Building on what has been a successful 2020 in terms of fundraising, the company has closed on a $225 million letter of credit with partners KeyBank, HSBC, Rabobank and Nomura Holdings.

PV plants lasting longer, with lower operational costs

Solar plants are now expected to last 32.5 years and have operational costs of $17 per kW/year, as shown by a Berkeley Lab survey of industry participants.

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Canadian Solar sees turnover and profits surge

The Chinese-Canadian solar manufacturer reported a 41% year-over-year increase in total module shipments to 2.2 GW in the first quarter. Revenue grew by 70% to $826 million, while net profit improved significantly from $17.2 million to $110.6 million.

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