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Finance

DC Green Bank funds solar projects that benefit LMI communities 

The 125 kW portfolio consists of nine residential solar installations and adds to Copernican Energy’s existing 208 kW portfolio in Wards 7 and 8. 

Solar corporate funding hits decade-long high in 2023

PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.

Startup developing perovskite-silicon tandem panels with 26% efficiency

Tandem PV has secured capital to advance its four-terminal perovskite-silicon tandem module technology and move closer to first manufacturing. The company claims its products maintain 80% of the initial performance after 25 years.

Sunrise brief: U.S. government identifies 22 million acres for solar in western states

Also on the rise: Bloomberg signs 15-year PPA for Texas solar. ‘Flexibility is key’ as energy sector moves to net-zero future. And more.

MAKE IT Prize accelerates clean tech manufacturing

The $30 million fund incentivizes collaboration between developers looking to build green energy manufacturing plants and communities seeking a more comprehensive socio-economic benefit from developing these facilities in their region.

NYC area energy storage developer nets $225 million investment

Following the investment round from Manulife Investment Management, NineDot Energy has now secured a capital base of $400 million.

BlackRock increases stake in SolarEdge to 15.8%

U.S. investment firm BlackRock says it has increased its ownership interest in Israel’s SolarEdge.

Department of Energy to provide $40 million to train energy audit workforce 

The Energy Audit Training program is intended to help states upskill their workforce to ensure that buildings transitioning to renewable methods of energy production meet industry standards.  

Alliant Energy deploys six new solar projects in Wisconsin 

The new batch of projects are among 12 utility-scale solar installations that are part of Alliant Energy’s clean energy blueprint.

First Solar closes $700 million in tax credit transfer sales

The solar panel manufacturer closed the sale of Inflation Reduction Act tax credits.

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