PowerBank secures funding, clears environmental hurdles for its 7 MW New York community solar project
The Jordan Rd 1 project, which will operate as a community solar facility following construction, has already secured nearly $2 million in funding from the NY-Sun program and is expected to earn another nearly $1.6 million for serving income-qualified subscribers.
Origis Energy secures $545 million for Texas solar and storage portfolio
The financing, which includes construction, term debt and tax equity, will support three projects totaling 450 MW of solar and 150 MW of energy storage.
Prepaid rooftop solar model targets 40% tax credits
The 30% residential solar tax credit expired in 2025, but a new prepaid third-party owned product from SolSource and TriBeam unlocks up to 40% tax credits for home solar projects.
Sabanci Renewables taps Empact to de-risk 286 MW Texas solar portfolio
The long-term partnership secures IRA tax credit compliance for the 156 MW Pepper Solar and 130 MW Lucky 7 projects as Sabanci targets a 3 GW U.S. pipeline.
OCI Energy, Arava Power secure financing for 347 MW Texas solar project
Backed by a 20-year PPA with a Fortune 100 company, the $394 million “Project SunRoper” near Houston marks a strategic expansion for Israel-based Arava Power into the U.S. market.
Shoals reports record $148 million Q4 revenue, full-year growth of 19%
The company ended 2025 with a record $748 million backlog as expansion into BESS and international markets offset tariff-related margin pressure.
Octopus Energy invests $1 billion in California clean technology
Octopus Energy will acquire a solar and storage project in California that is expected to be operational by July as part of its investment. The UK-based company, active across major markets in Europe, Australia, China and the United States, says California’s clean technology sector will “bring innovation, growth and returns to the UK.”
PowerBank revenue climbs to $22.3 million, announces solar-powered space-based AI computing
PowerBank Corporation, a North American developer and operator of solar and battery energy storage projects, reported $22.3 million in revenue for the first half of its fiscal year and secured new credit facilities to expand its project pipeline.
U.S. energy storage developers secure over $2 billion in latest capital infusion
Led by a massive $1.5 billion facility for Aypa Power, a series of new deals for Jupiter Power and PowerBank show that lenders are doubling down on battery energy storage system assets.
Department of Energy cuts $83 billion in loans, reversing energy transition funding
The Department of Energy moved to de-obligate or revise billions in financing for clean energy projects while prioritizing natural gas and nuclear power.
