Federal government releases $1 billion in rural electric funding
The U.S. Department of Agriculture is offering funding from the Rural Energy for America Program (REAP) to farmers, ranchers and other rural market end users such as tribal organizations to fund $1 million for clean energy projects, and $500,000 for energy efficiency upgrades.
Weekly Solar Earnings Recap: Array, Pineapple Energy and SMA Solar
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported fourth quarter or fiscal year earnings over the last week.
Summit Ridge raises tax equity for 50 MW Maine and Illinois solar portfolio
The $67 million investment utilizes the Inflation Reduction Act’s (IRA) Qualified Advanced Energy Project Credit program. Once guidance for low- and moderate-income community incentives and domestic content requirements program is finalized, the developer expects to expand its partnership with the tax investor to fund additional projects in underserved and traditional energy communities.
Community solar developer adds project debt for 24.8 MW newly completed projects
Oya Renewables secured $27.1 million in loan commitments from City National Bank and Greenprint Capital for the recently completed construction of 24.8 MW of community solar projects in western and northern New York state.
Sunrise brief: LG Energy Solution quadruples investment in U.S. battery manufacturing facility
Also on the rise: Silicon anode lithium-ion battery cell with 500 Wh/kg density. BIPV window coating maker seeks DOE loan guarantee. And more.
BIPV window coating maker seeks DOE loan guarantee
Ubiquitous Energy, the Redwood City, California-based manufacturer, is seeking to raise over $100 million in Dept. of Energy loan funding to support the development a manufacturing facility.
Aurora Solar study spots trends, myths and challenges in residential solar
The study surveyed homeowners as well as solar professionals to learn what incentivized homeowners to go solar, their interest in energy storage, challenges faced by solar professionals and the myths that still hang over the solar industry.
Creating success and energy justice in community solar markets
With risks to developers, challenges for LMI customers, and public utility opposition, community solar is still expected to expand throughout Mid-Atlantic states, noted experts at the SEIA Finance Tax and Buyers Seminar held this week in New York City.
Sunnova files for $3.3 billion Department of Energy loan
The company looks to greatly expand its rollout of solar virtual power plant services.
Bill Gates funds advocacy for siting new transmission along highways
The advocacy group NextGen Highways has found that Minnesota voters favor using highways for transmission. With funding from Breakthrough Energy, an initiative of philanthropist Bill Gates, the group plans to launch state and national advocacy coalitions.
