$300 million in financing will help enable access to zero-up-front-cost, clean energy systems for California homeowners.
Also on the rise: The reshoring of American solar manufacturing has begun. Job moves in clean tech. And more.
Do the lowest-cost modules always deliver the highest project value?
Also on the rise: Tesla on ramping up its Megapack business. Agrivoltaics market valued at $9.3 billion. And more.
The company closed two facilities to execute on its project pipeline of distributed and small utility-scale solar projects.
Silicon Valley Bank, one of the nation’s largest, was closed by the FDIC on Thursday night after $42 billion in withdrawals occurred after a massive stock drop due to ongoing losses in the bond market.
The market awaits the U.S. Treasury guidance on direct sales of federal tax credits, but sales are moving forward without waiting, said Norton Rose Fullbright.
Also on the rise: Silfab Solar raises $125 million for U.S. cell and module manufacturing. Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022. And more.
Speaking at the ACORE 2023 Policy Forum, three renewable energy executives and an industry banker shared their prognostications for how soon we should expect to see tax credit and equity transferability occur, as well as a wishlist of IRA policy items that they hope to hear guidance on this year.
While electricity pricing continues to rise due to natural gas pricing in 2022, some locations are starting to see pricing fall, implying that base electricity pricing and escalators in financial models may be out of touch with reality.
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