Solar Landscape has secured $847 million in new funding in 2024, paving the way for more than 200 commercial rooftop solar installations.
Kicking the deadline further down the road may put the state in peril of losing the funds, as the EPA, which runs the Solar For All program, requires all awards to begin to be deployed within the first year of grant being effective.
The loan intends to finance Project IceBrick, a virtual power plant consisting of up to 193 cold thermal energy storage installations at commercial buildings across California.
The solar panel manufacturer and energy storage provider posted revenues of $1.51 billion and a net loss of $14 million.
The Singapore-headquartered company has faced product detainment by U.S. Customs and has announced plans to focus solely on the U.S. market.
The latest list sees India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy maintain the top three positions and Kyocera entering the top ten, up from thirteenths spot.
Catalina Energy Capital reports it has three significant solar and battery energy storage infrastructure deals complete and is on track to advise on over 4 GW of solar and storage assets by the end of this year.
Also on the rise: Energy Department announces $289.7 million loan guarantee for widespread VPPs. Fifteen states shine with 50%+ solar growth in a year. And more.
The conditional loan guarantee will help deploy up to 1,000 solar and battery energy storage systems in a virtual power plant that spans as many as 27 states.
Funding for solar manufacturing, project development, and more continues to roll in, as evidenced by three hundred-million-plus deals struck this week.
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