Finance

California Public Utilities Commission approves 6,396MWh of new and incremental utility-scale battery energy storage systems.

Within the new venture, the company hopes to be able to lowers costs for both installers and homeowners, and promises increased sales velocity for installers.

Verdagy announced it secured a $25 million investment for its new electrolyzer technology.

Startup Rondo Energy closed a $22 million Series A funding round to decarbonize industrial processes with equipment that converts solar and wind energy into thermal energy.

The company is projected to do $1 billion in residential solar project originations this year.

Organic Valley, the largest farmer-owned organic cooperative in the US, is teaming up with SunCommon to help Vermont farmers go solar with zero up-front costs.

Solas Energy Consulting acted as key technical advisor to GIP. The investment includes preferred equity and a letter of credit facility.

Novonix will acquire an approximately 5% stake in KORE Power and will become the exclusive supplier of graphite anode materials to Kore Power’s large-scale battery cell manufacturing facility in the US.

The investment marks Greenbacker’s entry into the world of floatovoltaics and will allow Noria Energy to expand its project pipeline

The company announced it served as lead arranger in $50.5 million in financing for Amp Energy’s construction of 34 MW of solar in the state.