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Finance

SunPower breaches credit agreement, warns business may go under

The publicly traded solar company submitted a regulatory filing, raising concerns about its ability to stay in business.

Indiana solar project moves forward with tax equity deal

Lightsource bp closes $85 million tax equity deal for 188 MW Honeysuckle Solar project, scheduled to come online in early 2024.

Texas solar project developer closes $185 million tax equity financing

Advantage Capital committed to invest in Sabanci Renewables’ 272 MW utility-scale solar project in Texas.

Project finance management software for the energy transition

Critical to the growth in renewable energy development, spurred by the passage of the IRA, is seamless documentation and data management while managing complexity, mitigating risk and maximizing returns at scale. 

Renewable energy industry outlook shines a light on solar

Deloitte’s 2024 industry outlook identifies five trends and details the challenges, while predicting a strong future for U.S. solar and storage.

What drives solar adoption not equal across income levels

Lawrence Berkeley researchers studied how solar buying decisions are influenced across varying income levels and offer rationale for policy changes and incentives to spur adoption among low- to middle-income households.

New Hampshire seeks $70 million to expand low-income community solar

The state’s Department of Energy requested a federal grant under the EPA’s Solar for All program.

Fluence Energy achieves profitability, posts 85% revenue growth

The energy storage provider beat fiscal year guidance for both revenue and adjusted gross profit.

Utility-scale solar projects secure billions in financing

Developers secured $1.3 billion in financing for a project in Utah and over $300 million each for project portfolios in Arkansas and the Dominican Republic.

Renewables developer Longroad Energy secures $600 million in debt financing

The funding adds to a $500 million equity investment made in Longroad Energy in 2022.

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