For marginalized communities in Chicago, partnership brings solar opportunity
The pre-apprenticeship program targets residents in areas that have historically been excluded from economic opportunities or have been subject to disproportionate burdens of pollution.
U.S. corporate funding for solar energy falls 24% in 2024
Solar venture capital, mergers and acquisitions, and debt financing funding totaled $26.3 billion in 2024, according to report from Mercom Capital.
Exus secures $312 million for solar-plus-storage project in New Mexico
Energy from the project will be purchased by Public Service Company of New Mexico to support a Meta data center in New Mexico.
Section 179D energy efficiency tax deduction tools updated
The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% savings in lighting, HVAC, water heating, and building envelopes (but not solar).
Palmetto secures $1.2 billion for residential solar financing
The capital is expected to support 2024 and 2025 Palmetto LightReach residential solar contracts.
Energy Department closes $1.2 billion in loans to Puerto Rico power producers
Loan guarantees by Loan Programs Office intend to finance grid enhancement to build resilience and expand access to affordable electricity for the people of Puerto Rico.
Utility-scale solar developer Origis Energy secures $1 billion investment
Brookfield Asset Management and Antin Infrastructure partners made commitments that could exceed $1 billion in aggregate.
Hemlock Semiconductor receives $325 million U.S. government funding for polysilicon production
The Michigan-based manufacturer supplies solar-grade polysilicon used in the manufacturing of mono-crystalline ingots and wafers used in solar cells.
DOE loans $1.8 billion to Arizona utility for solar, storage, transmission
The Department of Energy Loans Programs Office has approved a loan to Arizona Public Service (APS) to construct new electricity generation, storage and transmission assets.
Despite wind and solar’s low costs, PPAs remain vital
A new ACORE report says corporate use of power purchase agreements remain integral to getting large solar projects off the ground.
