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.
“Solar loans have proven to be a resilient asset class through these turbulent times.”
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
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.
Since financing and developing a commercial solar project wasn’t enough of a challenge, SunExchange adds crowdfunding and cryptocurrency to the mix.
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.
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.
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.
Recently approved solar PPAs could spell trouble for proponents of retrofitting the state’s San Juan Generating Station to capture the coal-fired plant’s carbon dioxide emissions.
Also in the brief: Green hydrogen in Denmark, North Dakota solar on tribal lands, Lime Rock New Energy raises $600 million in growth equity focused on renewable energy tech.
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