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Finance

Solar drone inspection software company secures $35 million in funding

Raptor Maps secured the Series C funding, and plans to use it to accelerate product development, including enhancements in solar automation, work management, and machine-learning insights.

Commercial and industrial rooftop solar business secures $847 million

Solar Landscape has secured $847 million in new funding in 2024, paving the way for more than 200 commercial rooftop solar installations.

California Public Utilities Commission kicks community solar deadline to 2026

Kicking the deadline further down the road may put the state in peril of losing the funds, as the EPA, which runs the Solar For All program, requires all awards to begin to be deployed within the first year of grant being effective. 

DOE loan guarantee of $305 million for VPP project with novel ice storage

The loan intends to finance Project IceBrick, a virtual power plant consisting of up to 193 cold thermal energy storage installations at commercial buildings across California.

Canadian Solar posts Q3 net loss, falls short on revenue

The solar panel manufacturer and energy storage provider posted revenues of $1.51 billion and a net loss of $14 million.

Maxeon Solar reports $179 million Q3 loss

The Singapore-headquartered company has faced product detainment by U.S. Customs and has announced plans to focus solely on the U.S. market.

RFP alert: Funding opportunity for microgrids in remote areas of U.S.

The National Renewable Energy’s Lab’s Community Microgrid Assistance Partnership is focused on microgrid energy systems serving the needs of underserved and Indigenous communities.

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Sinovoltaics updates PV module manufacturer financial stability ranking

The latest list sees India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy maintain the top three positions and Kyocera entering the top ten, up from thirteenths spot.

The launch of a new renewable energy investment bank

Catalina Energy Capital reports it has three significant solar and battery energy storage infrastructure deals complete and is on track to advise on over 4 GW of solar and storage assets by the end of this year.

Sunrise brief: Maxeon Solar pivots business to focus exclusively on U.S. market

Also on the rise: Energy Department announces $289.7 million loan guarantee for widespread VPPs. Fifteen states shine with 50%+ solar growth in a year. And more.

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