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Finance

Primergy closes $225 million in financing for solar-plus-storage portfolio

The financing includes a $125 million tax credit sale for Gemini, one of the largest solar-plus-storage facilities operating in the U.S.

Solar tracker manufacturer Nextracker reports 29% year-on-year growth

The U.S. manufacturer of sun-tracking solar mounts posted $1.35 billion in revenue for the first half of fiscal year 2025.

First Solar misses on Q3 revenue, lowers 2025 guidance

The U.S. thin-film solar manufacturer posted revenues roughly 18% short of Wall Street consensus expectations.

Tribal fund will support predevelopment costs for 2 GW to 6 GW of solar on tribal lands

A tribal clean energy fund has raised $30 million to fund predevelopment costs for solar projects on tribal lands. Meeting predevelopment milestones will enable tribal communities to apply for federal loan support to complete the projects.

J.P. Morgan and Capital One provide $260 million tax equity financing for solar project

BrightNight secured funds for a 300 MW solar project in Arizona jointly owned with Cordelio Power.

What to expect in a residential solar loan

A report from Energysage reviews common terms for residential solar loans.

Kimberly-Clark Corp. signs $230 million+ tax credit transfer deal with Schneider Electric

The U.S. manufacturer of personal care products will fund four new battery energy storage projects, supporting its decarbonization goals as well as grid resiliency.

Sunrise brief: Residential solar installer Lumio files for bankruptcy

Also on the rise: Trinasolar US displays 2000 V module, trackers, energy storage and more. U.S. DOE announces $125 million to fund two Energy Innovation Hubs. And more.

U.S. DOE announces $125 million to fund two Energy Innovation Hubs

The U.S. Department of Energy will provide $125 million in funding for two Energy Innovation Hub teams to accelerate energy storage technologies. The research focus will be energy storage for both transport and stationary storage applications.

Clearway closes $550 million financing for solar-plus-storage project in Kern County

The 140 MW solar and 472 MWh storage project is expected to generate enough electricity to power 63,000 homes.

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