Brookfield Renewable nearly doubles development business to 110 GW from 62 GW
Post-IRA, the global renewable energy developer is moving forward development projects in the U.S., which increases the growth prospects of its renewable development businesses.
DC:DC hybrid solar to EV optimizer distributor raises $7 million in funding
Enteligent’s time-of-generation EV charging technology allows real-time charging from solar, resulting in what the company says is up to 25% in energy savings, versus traditional DC to AC configurations.
People on the Move: NextEra, Avangrid, Cypress Creek, David Energy and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Assistance for solar on low-income housing in Massachusetts
Resonant Energy’s Solar Technical Assistance Retrofit (STAR) program offers financial and technical assistance to affordable housing organizations.
Hecate Energy arranges landmark $550 million debt facility
The financing with ten commercial banks is funding a vast multi-year pipeline of 35 GW solar and storage assets.
Enlight Renewable Energy to go public on Nasdaq exchange
Enlight is a renewable energy developer based in Israel that has an active operational portfolio and development pipeline of 17 GW solar and wind farms plus 15.3 GWh of storage in nine countries, including 17 U.S. states.
Sunrise brief: SolarEdge ships battery cells to stationary energy storage market
Also on the rise: U.S. startup unveils portable solid-state lithium-ion battery for residential use. Inside the $455 billion U.S. investment in electric vehicles. And more.
2022 energy storage financing, M&A activity increases
Mercom reports that equity financing and M&A transactions were both up more than 55% in 2022, as the energy transition draws new levels of investment.
Tigo Energy raises $50 million from L1 Energy
Tigo’s new capital is from L1 Energy, an investment fund of LetterOne (L1), which manages $6 billion in energy investments worldwide.
2022 saw a drop in solar funding, strong rise in acquisitions
Mercom reports that it was the second highest year for solar mergers and acquisitions, with an estimated 66 GW of solar projects sold to new buyers in 2022.
