Rooftop community solar projects a key IRA thrust
At the ACORE Finance Forum, investors said a key challenge that statewide community solar programs do not yet address is how to unlock the opportunity of hundreds of thousands of building rooftops for solar development and bringing access to residents who rent their apartment.
People on the move: Aurora, Endurans, EDP Renewables, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Lightsource bp raises financing for 368 MW pollinator and bird-friendly projects
Investment brings economic growth and environmental benefits to Indiana and Louisiana communities, leverages Inflation Reduction Act’s advantages for made-in-America products
Community solar developer Nexamp secures over $400 million in financing
Led by U.S. Bancorp and Mitsubishi, the tax equity and debt commitments are expected to enable the company to support the construction of 49 solar and energy storage projects.
Global investment in clean energy nearly doubles that of fossil fuels
For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.
CSI Solar announces initial public offering pricing on Shanghai Stock Exchange
Canadian Solar’s global module, battery and inverter solutions business is issuing 541 million shares, or 15% of 3.6 billion outstanding shares, at $1.17 per share (11.10 RMB) raising the equivalent of $848 million in proceeds.
Sunrise brief: Polar Racking adds two U.S. solar mount manufacturing facilities
Also on the rise: Automated solar permitting speeds approval process. PJM’s pace of interconnection will not meet demand through 2028, says NRDC. And more.
Residential solar developer Suntuity to go public
Suntuity Renewables announced plans to go public this week through a merger with special purpose acquisition company (SPAC), Beard Energy Transition Acquisition Corp.
Texas utility solar developer emerges after $30 million investment
Accelergen, a greenfield utility-scale solar developer, will launch following the Leyline Capital financing.
Maxeon raises $199.4 million in equity for IBC module manufacturing expansion
The producer of Maxeon and SunPower brand solar modules is raising capital from a $157.4 million underwriting of shares and a separate $42 million private placement with TCL Zhonghuan.
