Doral Renewables secures $114 million for Ohio solar project
The utility-scale solar project will supply power to the PJM regional transmission operator.
KKR and EIG invest more than $1 billion in equity and debt financing in Avantus
With this climate strategy investment, KKR and EIG become sole equity investors in Avantus, a company assembling one of the largest solar-plus-storage portfolios in the United States.
Direct pay process, tax credit transfer recapture risk and more
At the Solar Energy Industry Association’s annual event in Times Square, experts delved into the complexities of the Inflation Reduction Act and its impact on solar financing.
Major U.S. bank signs $140 million tax equity deal for Louisiana solar project
Barclays and Lightsource bp agree to finance deal to construct 180 MW Prairie Ronde solar farm in St. Landry Parish.
Florida-based rooftop solar and storage company goes public
Regional solar, storage, and energy efficiency provider Sunergy: By Zeo Energy joined the NASDAQ exchange following an acquisition by ESGEN Acquistion Corp.
DOE Loan Programs Office announces $72.8 million for microgrid on Tribal lands
The 15 MW / 38 MWh Viejas Microgrid is the first project to be offered a conditional commitment through the Tribal Energy Financing Program.
Longroad Energy installing U.S.-made First Solar modules in Arizona solar-plus-storage plant
The 220 MWdc solar and 214 MWac / 855 MWh Serrano solar-plus-storage project will also feature Powin’s BESS, Sungrow inverters, and Nextracker trackers.
Decarbonized aviation attracts venture capital
Since 2016, some $2.4 billion worth of venture capital flowed to companies developing electric aviation and other air travel decarbonization technologies with a strong start in investment volume in 2024, according to Dealroom.co, a Dutch data and intelligence firm.
Solar profits drying up
The Invesco Solar exchange-traded fund (ETF) under-performed the S&P 500 and Dow Jones Industrial Average (DJIA) stock indexes in January 2024. Jesse Pichel, a managing director at Roth Capital Partners, attributes this to logistics and apparent cashflow problems for some solar companies.
Renewable energy merger and acquisition opportunities for 2024
FTI Consulting said incentives in the Inflation Reduction Act could cause a “seismic shift” on the U.S. economy as a whole over the next 12 to 24 months.
