Finance

The producer of Maxeon and SunPower brand solar modules is raising capital from a $157.4 million underwriting of shares and a separate $42 million private placement with TCL Zhonghuan.

Home equity agreements offer a way to purchase solar and EV charging stations without taking on debt or monthly payments. A new partnership between QuantmRE and evNation provides this option.

This record volume of shipments was a 68% increase over the same quarter last year.

The new funding commitment will provide expansion into additional markets nationwide for PosiGen, with a direct focus on serving households with high energy burdens who stand to benefit the most from transitioning to clean energy.

pv magazine USA’s recap of notable upstream solar, integrated solar, hardware, finance and rooftop installers that reported quarterly or fiscal year earnings over the last week.

The companies received a Small Business Innovation Research (SBIR) program Phase I award from the Air Force to develop a solar-heated crucible.

Also on the rise: Silicon Valley Bank begins lending again for solar projects. California gold rush supporting 2023 residential solar market. And more.

Ohm Analytics reports an uptick in third-party ownership in several states and believes NEM 2.0 projects will support California installers for many months, while other regional market outlooks vary by energy costs and local incentives.

Subscribers in the portfolio include municipalities, healthcare, food service, and retail companies, as well as 8,000 low-to-moderate income (LMI) households.

Longi shipped 46.8 GW of silicon modules, representing three years of sequential growth from 24.5 GW shipped in 2020.