The moment of truth is coming for the consolidation of Elon Musk’s clean energy empire.
Mercom Capital’s Q3 report shows a significant increase in investment levels from last quarter, but funding is still down across the board compared to a year ago.
It’s a complicated time in the U.S. solar industry, with a booming market for utility-scale solar and increasing public interest, but also collapsed PV module prices and shifts in production.
Goldman Sachs, Global Atlantic Financial Group and Blackstone subsidiary bet heavily on Altus’ future as a solar developer.
This combination of tax equity and debt financing will support 339 MW of solar capacity in Southern California, for a total of $2.32 per watt.
Scatec Solar’s Red Hills solar project is MREH’s eight solar facility.
This week we saw policy wins in California and New York City, as well as some good signs from Nevada and a promising policy in Massachusetts – not to mention documentation of a big fall in solar costs.
Tanguy Serra will be stepping down from his post as president as well at the end of the year.
In a filing in the U.S. Bankruptcy Court in the Southern District of New York, the president of SoCore Energy discussed the nearly $80 million deal.
U.S. microinverter specialist announces restructuring and cost savings initiative that will see the firm reduce its global workforce by around 11% and cut annual operating expenses by $20 million.
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