Recurrent Energy secures $500 million equity investment to further solar development
The BlackRock investment will help Recurrent transition from a pure developer to a developer plus long-term owner and operator in select markets in the U.S. and Europe.
Solar and storage accounts for one-third of transferable tax credit market in 2023
Crux, a marketplace for transferable tax credits, released a survey of 150 tax credit participants, estimating that $7 billion to $9 billion in total transferable tax credit transactions occurred in 2023, with the market expected to about triple in 2024.
IRA creates 100,000 clean energy jobs and attracts $110 billion in private investments
The Inflation Reduction Act of 2022 is ushering in a new decade of U.S. clean energy manufacturing and installation.
DC Green Bank funds solar projects that benefit LMI communities
The 125 kW portfolio consists of nine residential solar installations and adds to Copernican Energy’s existing 208 kW portfolio in Wards 7 and 8.
Solar corporate funding hits decade-long high in 2023
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to Mercom Capital Group.
Startup developing perovskite-silicon tandem panels with 26% efficiency
Tandem PV has secured capital to advance its four-terminal perovskite-silicon tandem module technology and move closer to first manufacturing. The company claims its products maintain 80% of the initial performance after 25 years.
Sunrise brief: U.S. government identifies 22 million acres for solar in western states
Also on the rise: Bloomberg signs 15-year PPA for Texas solar. ‘Flexibility is key’ as energy sector moves to net-zero future. And more.
MAKE IT Prize accelerates clean tech manufacturing
The $30 million fund incentivizes collaboration between developers looking to build green energy manufacturing plants and communities seeking a more comprehensive socio-economic benefit from developing these facilities in their region.
RFP alert: Deadline for microgrid funding opportunity extended
The National Renewable Energy’s Lab’s Community Microgrid Assistance Partnership is focused on microgrid energy systems serving the needs of underserved and Indigenous communities.
NYC area energy storage developer nets $225 million investment
Following the investment round from Manulife Investment Management, NineDot Energy has now secured a capital base of $400 million.
