Finance

Aries Grid is a lithium iron phosphate battery designed for long-duration energy storage systems.

Also on the rise: The State of South Dakota looks to pencil in a few hundred megawatts of solar in the coming years. In a saturated market, energy storage emerges as a silver bullet. And more.

Kresge and Schmidt Family foundations funded the investment, which builds off the momentum off a U.S. Department of Energy contract to help BIPOC-led houses of worship go solar.

Also on the rise: The IRA will unleash community solar markets. Saltwater flow battery added to solar-on-canal project. And more.

Series B funding comes soon after $10 million contract from the U.S. Government to develop the first large-volume silicon oxide anode manufacturing facility in the Midwest.

The strategic relationship with Lumio will amplify the impact and distribution of Enphase Energy Systems, providing homeowners more access to sustainable and grid-independent power sources.

The new battery materials gigafactory in Nevada will produce materials to support the manufacture of 1 million electric vehicles annually.

Duke’s five-year capital plan of $65 billion is focused on energy transition investments, which it says is a considerable increase over previous budgets, while its current budget removes almost $3 billion of capital it would have invested into the utility solar and distributed generation business.

Nextracker begins trading today on the Nasdaq Global Select market under the ticker symbol NXT.

Zeitview issues real-time ratings from A to D for operational solar projects of 1 MW and larger.