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Finance

What drives solar adoption not equal across income levels

Lawrence Berkeley researchers studied how solar buying decisions are influenced across varying income levels and offer rationale for policy changes and incentives to spur adoption among low- to middle-income households.

New Hampshire seeks $70 million to expand low-income community solar

The state’s Department of Energy requested a federal grant under the EPA’s Solar for All program.

Fluence Energy achieves profitability, posts 85% revenue growth

The energy storage provider beat fiscal year guidance for both revenue and adjusted gross profit.

Utility-scale solar projects secure billions in financing

Developers secured $1.3 billion in financing for a project in Utah and over $300 million each for project portfolios in Arkansas and the Dominican Republic.

Renewables developer Longroad Energy secures $600 million in debt financing

The funding adds to a $500 million equity investment made in Longroad Energy in 2022.

Canadian Solar reports Q3 earnings miss, eyes strong 2024 growth

The company’s revenues for Q3 pulled back 71% when compared with Q3 2022.

DSD Renewables secures $250 million strategic investment

The renewable energy developer received funds from Cox Enterprises to accelerate its project portfolio.

Commercial scale solar provider Altus Power reports Q3 financials

The company posted revenues of $45.1 million, a 48% increase over the third quarter 2022.

DOE seeks state-backed clean energy projects for up to 80% loans

A U.S. Department of Energy official explained how clean energy projects in many states, if they win a state grant or equity investment, can also access federal loan support. Either states or project developers can take the first step toward securing loan support.

Shoals posts 48% year-over-year growth in record quarter

The electrical balance of systems company’s gross margins shrank, leading to a net loss of $9.8 million. It has an ongoing legal case in which it is seeking damages from a wire insulation provider.

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