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Finance

Sunrise brief: Groundbreaking ruling in California simplifies grid connection process for distributed solar and storage

Also on the rise: Single axis trackers on a commercial rooftop increase generation 37%. Tesla Powerwall owners called to take part in the emergency load reduction program pilot. And more.

Infiniti Energy raises $117 million for commercial solar development

The financing will be used to support the development of 34 MW of commercial and industrial solar located across New Jersey.

$500 million invested in Pine Gate Renewables to support utility-scale solar buildout

Generate Capital provided the developer strategic growth capital and asset financing to expand its business.

Construction complete on largest solar farm in Nebraska

The 8.5 MW community solar installation offers battery storage, a pollinator habitat, and an educational component for students at a local community college.

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Sunrise brief: Consortium commits to spending $6 billion on US-made solar modules 

Also on the rise: Utility Dominion Energy Virginia enters rooftop solar space. New “on demand” rooftop solar investing platform. And more.

New “on demand” rooftop solar investing platform

Ranging from as little as one panel to a whole rooftop’s worth, Legends Rooftop is an online tool that enables investors to purchase off-site rooftop solar panels as a financial investment.

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Forefront Power, Hannon Armstrong partner on 131 MW distributed solar portfolio

The portfolio includes a number of projects already in operation and brings Forefront’s total capacity of owned and developed solar projects to more than 800 MW of capacity across more than 1,000 projects.

Clean hydrogen and energy storage project in Utah receives $504 million loan guarantee from DOE

The largest clean storage facility in the world will create jobs, deploy clean energy, and replace a retiring coal-fired power plant.

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Distributed solar and storage developer, owner, operator Agilitas Energy nets $350 million

The investment is expected to support the national build-out of the company’s 500 MW+ pipeline of renewables and energy storage projects.

Enphase has shipped 43.4 TWh of solar microinverters to date

The company highlighted its accomplishments in its 2021 environmental, social, and governance report. Plus, financial analysis from ROTH Capital Partners.

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