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HVAC, lighting and solar integrator raises Series E round

The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.

BayWa r.e. procures credit facility for 2024-26 portfolio

Funding will support BayWa r.e.’s efforts to advance its pipeline of solar, solar-plus-storage (1.1 GW) and storage projects (188 MWh) across five states.

Permitting, grid resiliency and fusion energy are top of mind at BNEF Summit

The 2023 BloombergNEF Summit focused on grid innovations, climate change and renewable energy technology and saw in excess of 800 attendees turn out in person and on a live webcast, with about 26 corporate sponsors.

Sunrise brief: House votes to resume solar tariffs

Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA

First Solar Q1 2023 revenue down, with investments in U.S. facilities taking precedent

Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.

Sunnova doubles customer count in Q1 2023

The solar and energy-as-a-service company recorded more than 5,000 of new customers in Puerto Rico, representing its second highest market after California, where it added 5,512 new customers.

Nonprofit receives renewed commitment from Bank of America for solar fellowship

To date, Bank of America has provided $2.2 million in total funding to Grid Alternatives and has supported 200 fellows in their career advancement.

Yotta and Sunstone partner to offer commercial storage solutions

Partnership will expand business’ access to Yotta Energy’s energy storage solutions with solar loan financing backed by Sunstone Credit.

Google partners for 500 MW environmental justice-focused distributed solar portfolio

The largest corporate backing of distributed solar in the United States, in partnership with EDP Renewables, will be funded in part through Google’s purchase of renewable energy credits called the ImpactREC.

Sunrise brief: Republican debt ceiling bill guts clean energy in Inflation Reduction Act 

Also on the rise: Driven by solar, California’s net demand hit zero on Sunday. Tracking the sun on uneven terrain. And more.

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