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Finance

DSD Renewables closes $140 million IRA tax credit transaction

The solar, energy storage and EV charging developer will transfer Inflation Reduction Act tax credits to corporate buyers.

Adapture Renewables builds solar-plus-storage portfolio with acquisition from Samsung

A solar company affiliated with the Lego toy company is growing, with more than 344 MW in operation and 4 GW under development.

Arevon secures $509 million for two Missouri solar projects

Two projects totaling 430 MW are expected to be supported by the funding.

Supply deal and finance for another 2.2 GWh of US batteries

Canadian Solar will supply its SolBank 3.0 battery systems to Aypa Power’s projects in California and Texas and finance has been secured to complete construction of a further 220 MW/440 MWh battery energy storage system in the Lone Star State.

William J. Berger steps down as CEO of Sunnova

Paul Mathews named as president and CEO of this struggling residential solar energy company, as it repositions to improve cash flow.

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RFI alert: Partners sought for 107 MW of community solar projects

Groundswell seeks project developers, solar installers, O&M providers and others to partner on 200 kW to 500 MW community solar installations through its Southeast Rural Power program.

Tandem PV moves toward perovskite manufacturing with $50 million funding announcement

With a perovskite layer 200 times thinner than silicon and requiring just 10% of the energy needed to produce conventional panels, Tandem PV reports it will be able to reduce energy use during manufacturing.

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.

First Solar shares soar on release of Q4 and full-year 2024 earnings

The thin-film PV manufacturer sold a record 14.1 GW of modules resulting in sales increasing year-on-year, yet the company faces global policy uncertainty going forward.

Solid ground for uncertain times: Financing solutions for solar development 

In an industry built on momentum, developers are finding new ways to unlock capital efficiently to avoid being hamstrung by the new uncertainty. Land can be the key.

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