First Solar misses on Q3 revenue, lowers 2025 guidance
The U.S. thin-film solar manufacturer posted revenues roughly 18% short of Wall Street consensus expectations.
Tribal fund will support predevelopment costs for 2 GW to 6 GW of solar on tribal lands
A tribal clean energy fund has raised $30 million to fund predevelopment costs for solar projects on tribal lands. Meeting predevelopment milestones will enable tribal communities to apply for federal loan support to complete the projects.
J.P. Morgan and Capital One provide $260 million tax equity financing for solar project
BrightNight secured funds for a 300 MW solar project in Arizona jointly owned with Cordelio Power.
What to expect in a residential solar loan
A report from Energysage reviews common terms for residential solar loans.
Kimberly-Clark Corp. signs $230 million+ tax credit transfer deal with Schneider Electric
The U.S. manufacturer of personal care products will fund four new battery energy storage projects, supporting its decarbonization goals as well as grid resiliency.
Sunrise brief: Residential solar installer Lumio files for bankruptcy
Also on the rise: Trinasolar US displays 2000 V module, trackers, energy storage and more. U.S. DOE announces $125 million to fund two Energy Innovation Hubs. And more.
U.S. DOE announces $125 million to fund two Energy Innovation Hubs
The U.S. Department of Energy will provide $125 million in funding for two Energy Innovation Hub teams to accelerate energy storage technologies. The research focus will be energy storage for both transport and stationary storage applications.
Clearway closes $550 million financing for solar-plus-storage project in Kern County
The 140 MW solar and 472 MWh storage project is expected to generate enough electricity to power 63,000 homes.
Canadian Solar drops 15% post Q2 earnings report
The solar company logged $1.64 billion in revenue, down from $2.36 billion in the previous year’s Q2.
Sunrise brief: California advances flexible demand that can absorb renewable power
Also on the rise: Google invests in 800 MW solar project in Illinois. PV systems can now support grid as fossil fuels decline. And more.
