Finance

Combined with the sale of its utility-scale renewables business, Duke Energy has divested $3.16 billion worth of utility and distributed generation solar assets this year as the utility shifts its business to focus on its core regulated holdings.

The demand-side initiative will help advance clean hydrogen hubs and support President Biden’s Investing in America agenda for building a clean energy economy with 100,000 jobs.

Complete Solaria, an integrated provider of solar installation solutions using Solaria’s own solar modules, plans to list on the Nasdaq Stock Market under the ticker “CSLR” by the end of July 2023.

As Part of the Investing in America Agenda, the funding will benefit about 74,000 students in 97 school buildings.

Also on the rise: Scaling green hydrogen. EV sales to make up nearly one-third of passenger vehicle sales in U.S. by 2026. And more.

Two transactions with developer Energix will lead to the construction and operation of six utility-scale solar projects in the United States.

Job moves in solar, storage, cleantech, utilities and energy transition finance.

The U.S. grid could require 225 GW to 460 GW of LDES capacity resources for a net-zero economy by 2050, representing $330 billion in capital requirements.

Also on the rise: Top risks for solar assets–Financial modeling. Rutgers University to add 15 MW of solar carports. And more.

Production modeling, asset availability, capital costs, tariff risks, and degradation uncertainty are reviewed in a report from kWh Analytics.