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Finance

Morning Brief: Planners reject $40M, 140-MW battery storage project for fire risk, New York adopts net metering alternative

Also in the brief: Minnesota solar installers say they’re waiting too long for Xcel Energy grid connections, lower solar costs lead to new installations in metro Atlanta and financing for two large projects in Texas.

Longroad just completed financing and sale of the 294-MW Muscle Shoals solar project to Ørsted

Longroad CEO: “There is definitely not an oversupply of tax equity.”
Project Suppliers: First Solar modules, Nextracker trackers and inverters from Power Electronics

Morning Brief: The long, sad story of Stion has ended, RMI launches climate-aligned finance group

Also in the brief: Florida Power & Light quietly reduces solar commitment, and new MWT BIPV from Sunport Power.

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Biden-Sanders task force calls for installing 500 million solar modules in next five years

The wide-ranging joint report includes a section: “Undoing the Harms of the Trump Administration and Righting the Wrongs.”

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Morning Brief: Maxeon raising money, SunPower and Nautilus expanding community solar

Also in the brief: Energy Toolbase integrates Delta.

New retail climate bonds category, patterned after WW2 bonds and designed to aid rooftop solar uptake, to debut

All of the proceeds from the $16.1 million issuance will support rooftop solar deployment in Connecticut.

Natron Energy, developer of sodium-ion batteries, raises $35M as investment in storage surges

The startup is building a battery using Prussian blue analogue electrodes and a sodium-ion electrolyte. Investors include ABB Technology Ventures, NanoDimension Capital, Volta Energy Technologies, Chevron, Khosla Ventures, and Prelude Ventures.

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How to replace 187 GW of coal with renewables, and save customers money

Several financing options could ease the replacement of uneconomic coal plants with renewables and storage, with some of the savings used to help coal workers transition to new jobs, says a report from climate advocates.

Morning Brief: CEI acquires 353 MW Coronal Energy portfolio, Inovateus Solar wins equity investment

Also in the brief: Clean Energy Virginia and U.S. Energy Secretary Dan Brouillette credits activists for a pair of high-profile pipeline setbacks.

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Solar and storage venture capital and finance roundup

Plus a bunch of investments in carbon capture.

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