Princeton NuEnergy scores $30 million in funding for lithium battery recycling
The low-temperature plasma-assisted separation process, developed at Princeton University and now trademarked as LPAS, produces battery-grade cathode and anode materials suitable for direct reintroduction into cell manufacturing.
New York continues long duration energy storage investments with $5M funding initiative
NYSERDA is allocating $5 million to fund up to 50% of project costs for developing energy storage systems capable of operating for 10 to 100 hours, addressing key integration challenges and promoting viable economic products within New York’s energy grid.
Swift Solar closes $27 million in funding, plans perovskite solar factory
Swift Solar, a specialist in perovskite tandem photovoltaics, plans to build a factory in the U.S. in the next two to three years to manufacture thin-film solar.
Startup Giraffe Financial aims to unravel tax credit complexities for businesses
Giraffe received a $1.5 million pre-seed round of funding and plans to help underserved small- and medium-sized businesses access IRA tax credits.
DOE announces $38 million solar supply chain incubator funding opportunity
The funds support research, development and demonstration projects that de-risk solar hardware, manufacturing, and software products.
Sunrise brief: Battery energy storage tariffs tripled; domestic content rules updated
Also on the rise: Bringing lithium-sulfur batteries closer to commercialization. Largest solar project in Wyoming moves forward. And more.
21 states accept the grid modernization challenge
The Federal-State Modern Grid Deployment initiative aims to shore up the U.S. energy grid to prepare for both challenges and opportunities in the power sector.
J.P. Morgan commits $680 million tax equity financing for solar and storage
The funds support project developer Ørsted’s portfolio in Texas and Arizona.
SunPower now offers Tesla Powerwall 3 to residential solar customers
SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.
Qcells residential solar financing arm closes its first asset backed securities totaling over $250 million
Qcells residential solar finance platform EnFin secured an asset backed securities transaction totaling $252.86 million.
