High interest rates are challenging the global transition to renewable energy
A report from Wood Mackenzie examines how the global shift to heightened interest rates to combat inflation is squeezing the energy transition.
Earth Day celebrated with $7 billion solar funding announcement
The Solar for All funding will bring clean solar energy to low-income and disadvantaged communities in every U.S. state and territory.
Arcadia raises $50 million to bring AI to community solar
The company reports that it manages the nation’s largest community solar portfolio with more than 2 GW of solar under management.
Community solar provider secures over half-billion-dollar investment
Nexamp secured a $520 million capital raise. It serves nearly 80,000 customers nationally and has a $2 billion investment strategy in Illinois.
Sister Margaret seeking solar, a GoFundMe opportunity
Fundraising opportunity will support a 1.2 kWdc solar power project that will offset 100% of the electricity for home for retired nuns on El Salvador.
Sunrise brief: California pivots to propose $24 average fixed fee to electric bills
Also on the rise: Solar module prices remain steady amid unchanged market fundamentals. U.S. solar industry week in review. And more.
Sunrise brief: West Virginia Governor vetoes bill that would double allowable solar project size
Also on the rise: Half of homeowners see solar as a good investment, but 75% said cost is a problem. Solar and storage to replace last coal plants in New England.
Rural electric co-ops lend money to customers to improve energy efficiency
Some rural electric cooperative utilities allow customers to pay off energy efficiency improvement loans through their utility bills. That contributes to energy efficiency’s role in the renewables transition.
IRA clean energy projects to create 30,000 North Carolina jobs, $10 billion to GDP
Over $7.6 billion in wages are expected to be generated from already-announced Inflation Reduction Act supported projects, said a report from E2.
Sunrise brief: California cuts interconnection costs for distributed solar developers that agree to export limits
Also on the rise: NABCEP conference 2024 shining bright in Raleigh. KKR and EIG invest more than $1 billion in equity and debt financing in Avantus. And more.
