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Finance

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.

BlackRock increases stake in SolarEdge to 15.8%

U.S. investment firm BlackRock says it has increased its ownership interest in Israel’s SolarEdge.

Department of Energy to provide $40 million to train energy audit workforce 

The Energy Audit Training program is intended to help states upskill their workforce to ensure that buildings transitioning to renewable methods of energy production meet industry standards.  

Alliant Energy deploys six new solar projects in Wisconsin 

The new batch of projects are among 12 utility-scale solar installations that are part of Alliant Energy’s clean energy blueprint.

First Solar closes $700 million in tax credit transfer sales

The solar panel manufacturer closed the sale of Inflation Reduction Act tax credits.

SunPower breaches credit agreement, warns business may go under

The publicly traded solar company submitted a regulatory filing, raising concerns about its ability to stay in business.

Indiana solar project moves forward with tax equity deal

Lightsource bp closes $85 million tax equity deal for 188 MW Honeysuckle Solar project, scheduled to come online in early 2024.

Texas solar project developer closes $185 million tax equity financing

Advantage Capital committed to invest in Sabanci Renewables’ 272 MW utility-scale solar project in Texas.

Project finance management software for the energy transition

Critical to the growth in renewable energy development, spurred by the passage of the IRA, is seamless documentation and data management while managing complexity, mitigating risk and maximizing returns at scale. 

Renewable energy industry outlook shines a light on solar

Deloitte’s 2024 industry outlook identifies five trends and details the challenges, while predicting a strong future for U.S. solar and storage.

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