J.P. Morgan commits $680 million tax equity financing for solar and storage
The funds support project developer Ørsted’s portfolio in Texas and Arizona.
SunPower now offers Tesla Powerwall 3 to residential solar customers
SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.
Qcells residential solar financing arm closes its first asset backed securities totaling over $250 million
Qcells residential solar finance platform EnFin secured an asset backed securities transaction totaling $252.86 million.
Plug Power’s $1.6 billion loan guarantee for clean hydrogen facilities
The Department of Energy’s Loan Programs Office announced a conditional commitment for loan guarantee to help finance construction of up to six facilities across several U.S. states to produce clean hydrogen using Plug Power’s own electrolyzer technology.
Catalyze secures $100 million to support 79 MW New York solar portfolio
The funding comes from NY Green Bank, which is requiring that a significant percentage of solar project subscribers benefit disadvantaged communities.
Sunrise brief: Opposition stymies solar – sometimes
Also on the rise: Solar and wind powered boat’s final voyage across the sea. Active Surfaces raises $5.6 million to develop ‘solar 2.0’. And more.
Active Surfaces raises $5.6 million to develop ‘solar 2.0’
Active Surfaces is developing lightweight, flexible solar panels that can be integrated into virtually any surface and manufactured using a printed, roll-to-roll process.
Sunnova earnings dip, unrestricted cash grows as it mends balance sheet
Sunnova Energy International, a residential solar, storage, and adaptive services company, announced declining revenues and an increased focus on cash generation in its Q1 2024 earnings report.
Stem dips on Q1 earnings, announces new solar and storage asset software
Stem Inc, an AI-driven software provider for clean energy solutions, posted a 62% slide in revenues year-over-year while net losses grew.
First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge
The U.S.-headquartered solar panel manufacturer delivered revenues of $794 million, beating consensus estimates by about 10%.
