Solar is front and center in the fight for energy justice
Renewable energy in the form of community and rooftop solar can bring relief to people who are disproportionately affected by climate change, pollution, and rising energy prices. Many groups are working hard to open up access to solar and the recently passed U.S. Inflation Reduction Act (IRA) has a plan, backed by generous funding.
Sunrise brief: North Carolina carbon plan favors gas over solar-plus-storage
Also on the rise: New electrolyzer to split saltwater into hydrogen. Solar Alliance completes 687 kW distributed generation projects in New York. And more.
Luminia closes out 2022 with $2.5 billion in solar financing requests
With a 600 MW+ project pipeline, active development includes community solar and other projects primarily across the Northeast.
Federal agency inaction may hamper residential solar loan access
The National Credit Union Administration can extend an exemption to allow federal credit unions to provide 25-year solar loans.
Ascent Solar nets $50 million investment to manufacture flexible thin-film PV
The US manufacturer secured an equity-based financing facility to support R&D of its CIGS thin-film solar solutions.
Greenbacker grows operational renewable energy capacity 61% year-over-year
The independent power producer and climate-focused investment manager reported this growth in its Q3 2022 report.
Tigo Energy to go public via Roth Capital, Craig-Hallum SPAC platform
The 15-year old solar inverter and electronics company will have a $600 million pre-money equity valuation when it goes public by Q2, 2023.
Solar apprenticeship program to train and employ 10,000+ Illinois residents
The Sustainability Hub, a partnership between Summit Ridge Energy, 548 Enterprise, Ecademy and the Power52 Foundation, plans to train veterans and other Illinois residents for solar careers.
ReneSola posts 86% increased Q3 revenue, reflecting near-term addition of European IPP assets
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
KORE Power raises capital from Siemens and Quanta for 6 GWh Arizona gigafactory
With initial output anticipated in late 2024, production at the KOREPlex gigafactory in Arizona is expected to double to 12 GWh of lithium-ion battery cells produced to meet expected market demand in energy storage and electric mobility applications.
