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Finance

Utility-scale solar and storage developer Silicon Ranch secures $500 million from AIP

The investment in the developer, owner and operator of solar and storage assets s AIP’s second renewables investment and its first in North America.

Greenbacker renewable energy posts $242 million net loss in 2024

The company is evaluating strategic alternatives as inflationary pressures, supply chain imbalances and increasing insurance costs have lowered net asset values, said the renewable energy infrastructure investor in its 2024 financial report.

Enlight receives $773 million in construction loans for California solar-plus-storage project

Sacramento Municipal Utility District signed a busbar power purchase agreement (PPA), a special type of PPA that shifts where responsibility begins and ends between the buyer and seller.

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.

Nine solar-plus-storage community microgrids planned for California

PG&E will award up to $43 million through the Microgrid Incentive Program to develop clean energy projects in northern and central California.

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Louisiana solar project goes online with U.S.-made components

With McDonald’s as the offtaker for the 180MWdc of solar energy from the Prairie Ronde project, St. Landry Parish community resources will receive funding for education and community development initiatives.

SolarBank awarded $1 million in state incentives for New York landfill solar project

The community solar project near Syracuse received NY-SUN incentives for the construction-ready solar project.

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.

Instability, uncertainty put U.S. energy dominance at risk

Many of the largest clean energy developers and investors in the U.S. would likely increase their activity in the U.S. clean energy sector as long as no changes were made to energy tax credits, according to study by American Council on Renewable Energy.

Ruling: EPA barred from seizing Green Bank funds

Nonprofit recipients of $14 billion in federal grants and loans will keep up court fight in hopes of winning release of approved grants for solar and other clean-energy projects nationwide.

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