Sunrise brief: Massachusetts has 52 GW of “top rated” solar potential
Also on the rise: Using existing fences as near-zero-cost racking solution for PV deployment. A solar-powered tool shed. And more.
RFP alert: EPA launches $7 billion low-income rooftop and community solar program
Up to 60 grants will be awarded to states and other eligible entities, ranging from $25 million to as much as $400 million.
First Solar to support 12 GW growth trajectory with $1 billion revolving credit
On June 30, the Arizona-based producer of U.S.-made solar panels arranged a new $1 billion credit facility that includes a sub-limit of $250 million of available letters of credit from eleven financial institutions.
Duke Energy sells commercial DG business to ArcLight Capital
Combined with the sale of its utility-scale renewables business, Duke Energy has divested $3.16 billion worth of utility and distributed generation solar assets this year as the utility shifts its business to focus on its core regulated holdings.
DOE advances $1 billion of $7 billion clean hydrogen strategy
The demand-side initiative will help advance clean hydrogen hubs and support President Biden’s Investing in America agenda for building a clean energy economy with 100,000 jobs.
Complete Solaria to go public via SPAC merger
Complete Solaria, an integrated provider of solar installation solutions using Solaria’s own solar modules, plans to list on the Nasdaq Stock Market under the ticker “CSLR” by the end of July 2023.
DOE provides $178 million to schools to lower energy costs and emissions
As Part of the Investing in America Agenda, the funding will benefit about 74,000 students in 97 school buildings.
Sunrise brief: Morgan Stanley and Santander invest $520 million in solar projects
Also on the rise: Scaling green hydrogen. EV sales to make up nearly one-third of passenger vehicle sales in U.S. by 2026. And more.
Morgan Stanley and Santander invest $520 million in solar projects
Two transactions with developer Energix will lead to the construction and operation of six utility-scale solar projects in the United States.
People on the move: DC Green Bank, Nova Clean Energy, Hydrostor and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
