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Finance

Revkor, H2 Gemini to manufacture HJT solar cells and modules in Salt Lake City

Joining the wave of solar manufacturers setting up operations in the U.S. is a new partnership between Revkor Energy Holdings and H2 Gemini, planning a 5GW to 20 GW HJT/perovskite manufacturing facility and a research center in the state of Utah.

New York Green Bank provides $25 million credit debt facility for energy storage

The credit facility will help fund NineDot Energy’s pipeline of battery storage projects in New York State, and is the first pure play energy storage transaction completed by NY Green Bank.

Leap raises $12 million to expand virtual power plant business

The funding round was led by Standard Investments with several other investors participating.

Sunrise brief: Bifacial perovskites show 93% backside efficiency

Also on the rise: First Solar inks 5 GW supply deal with Energix. EPA announces two grant opportunities for clean tech projects. And more.

EPA announces two grant opportunities for clean tech projects

Two Notices of Funding Opportunities total $20 billion and aim to mobilize private capital into clean tech projects to create jobs and lower energy costs.

First half 2023 total solar corporate funding increased 54% year-over-year

According to Mercom’s Solar Funding report almost 25.5 GW of solar projects were acquired in the first half of the year, totaling $18.5 billion.

Insurer to cover up to $20 million in damage limits for solar projects

Retail clients can access quote and bind to insure U.S. C&I solar projects with limits on replacement cost of $2 million to $20 million per project site location, according to NARDAC Insurance Services.

Sunrise brief: Massachusetts has 52 GW of “top rated” solar potential

Also on the rise: Using existing fences as near-zero-cost racking solution for PV deployment. A solar-powered tool shed. And more.

RFP alert: EPA launches $7 billion low-income rooftop and community solar program

Up to 60 grants will be awarded to states and other eligible entities, ranging from $25 million to as much as $400 million.

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First Solar to support 12 GW growth trajectory with $1 billion revolving credit

On June 30, the Arizona-based producer of U.S.-made solar panels arranged a new $1 billion credit facility that includes a sub-limit of $250 million of available letters of credit from eleven financial institutions.

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