Manchin and the BBB, Intel+Microsoft and ESG, and SEIA in NYC
There was a lot of optimism about the BBB Act, ITC, solar potential in NY and more at the Solar Finance, Tax, & Buyers Seminar in New York — lawyers, CPAs, developers, and solar politics.
DOE names 22 communities to receive energy assistance through the Communities LEAP program
Communities LEAP Program aims to provide supportive services valued at up to $16M for community-driven clean energy transitions.
Tesla drops from top three residential solar installer ranking
In Wood Mackenzie’s solar installer Leaderboard, Freedom Forever overtakes Tesla in the top three spot for the first time.
Four Northeast states form consortium to develop regional clean hydrogen hub
New York, Connecticut, Massachusetts, and New Jersey to join dozens of corporations and universities in demonstrating shared vision for clean energy.
Federal budget includes $500 million for promoting energy storage
The funding is is available for energy storage activities authorized under the Better Energy Storage Technology Act and is intended to increase the affordability of energy storage and related technologies.
SolarEdge $590 million capital raise “expands the war chest,” said ROTH
A recent offering of 2 million shares at $295 arms the company with capital for “acquisitions and general corporate purposes.” Philip Shen, managing director, ROTH Capital Partners said in an industry note the offering was “well timed,” reiterating a buy rating.
Non-profits partner to help homeowners go solar in Brooklyn
Barrio Solar wants Brooklyn homeowners to go solar in order to lower Con Edison bills, property taxes, and greenhouse gas emissions.
Sunrise brief: CHARGE Act lays groundwork for making critical changes to energy transmission planning and operations
Also on the rise: DOE introduces five-year plan for reducing environmental impacts of solar. Three Wisconsin utilities to buy stake in $433 million Paris solar-plus-storage project. A group of 22 bi-partisan California legislators call on regulators to maintain net metering. Maxeon to provide 400MW of solar modules to Origis Energy. Source Renewables, Sol-REIT partner to develop 100MW of low-income solar.
Global tracker provider FTC Solar posts 44% growth in 2021
The company announced the launch of a turnkey operation for sub 20MW projects and reported revenues of $101.7 million in the fourth quarter.
Sunrise brief: California’s solar market is now a battery market
Also on the rise: Indiana ruling paves the way for HOAs to allow solar. Shoals opens manufacturing facility in Tennessee. NASA announces advances in space solar and thin films. Majority of homeowners want solar but need help with upfront financing. Rocket Lab unveils space solar cell with 33.3% efficiency.
