People on the move: Aspen Power, Solar Landscape, CubicPV and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Sunrise brief: House to consider repeal of Investment Tax Credit and Production Tax Credit
Also on the rise: Green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte. CubicPV receives $103 million commitment for U.S. wafer manufacturing. And more.
CubicPV receives $103 million commitment for U.S. wafer manufacturing
Driven by incentives in the Inflation Reduction Act, CubicPV plans to establish 10 GW of conventional mono wafer manufacturing capacity in the United States. The wafers produced by the new facility could fill a void in the domestic supply chain as well as create 1,500 new direct jobs.
Spearmint Energy secures $200 million loan to develop storage in Texas
The credit facility with Aiga Capital Partners will enable the development of Spearmint’s BESS portfolio in the Texas ERCOT market.
USDA offers tool to help rural co-ops apply for $9.7 billion renewables program
Rural electric co-operatives seeking support for renewable and clean energy projects under a $9.7 billion USDA program can now access an emissions reduction calculator to begin preparing a preliminary application.
Rooftop community solar projects a key IRA thrust
At the ACORE Finance Forum, investors said a key challenge that statewide community solar programs do not yet address is how to unlock the opportunity of hundreds of thousands of building rooftops for solar development and bringing access to residents who rent their apartment.
People on the move: Aurora, Endurans, EDP Renewables, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Lightsource bp raises financing for 368 MW pollinator and bird-friendly projects
Investment brings economic growth and environmental benefits to Indiana and Louisiana communities, leverages Inflation Reduction Act’s advantages for made-in-America products
Community solar developer Nexamp secures over $400 million in financing
Led by U.S. Bancorp and Mitsubishi, the tax equity and debt commitments are expected to enable the company to support the construction of 49 solar and energy storage projects.
Global investment in clean energy nearly doubles that of fossil fuels
For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.
