In case you missed it: Six big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Instability, uncertainty put U.S. energy dominance at risk
Many of the largest clean energy developers and investors in the U.S. would likely increase their activity in the U.S. clean energy sector as long as no changes were made to energy tax credits, according to study by American Council on Renewable Energy.
Ruling: EPA barred from seizing Green Bank funds
Nonprofit recipients of $14 billion in federal grants and loans will keep up court fight in hopes of winning release of approved grants for solar and other clean-energy projects nationwide.
Texas storage project secures $183 million in financing and tax equity
The 200 MWh Fort Duncan energy storage project currently under construction is expected to be operational by summer 2025 in ERCOT territory.
Community solar developer’s credit facility doubled to $300 million
Deutsche Bank and Nuveen Energy Infrastructure Credit partnered on upsizing the credit facility to support a 3.5 GW community solar pipeline in thirteen states.
In case you missed it: Six big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Amid financial turmoil, Sunnova awards $2.12 million in bonuses to top executives
The bonuses fall on the cusp of the company’s recent layoffs, resignation of its CEO and bankruptcy rumors.
GS Power Partners secures $22 million to finance five New York community solar projects
Partnering with Amalgamated Bank, the independent power producer plans to develop a total of 25.5 MW in three counties in northwest New York state.
Terabase surpasses $200 million in funding with Series C round
The funding in large part will support the manufacturing scale-up of Terabase’s robotics-assisted assembly line, Terafab,
Clearway Energy begins construction on $605 million energy storage portfolio in Utah
Each project will use 4-hour Tesla Megapack lithium ion batteries located adjacent to four operating solar power plants.
