CSI Solar announces initial public offering pricing on Shanghai Stock Exchange
Canadian Solar’s global module, battery and inverter solutions business is issuing 541 million shares, or 15% of 3.6 billion outstanding shares, at $1.17 per share (11.10 RMB) raising the equivalent of $848 million in proceeds.
Sunrise brief: Polar Racking adds two U.S. solar mount manufacturing facilities
Also on the rise: Automated solar permitting speeds approval process. PJM’s pace of interconnection will not meet demand through 2028, says NRDC. And more.
Residential solar developer Suntuity to go public
Suntuity Renewables announced plans to go public this week through a merger with special purpose acquisition company (SPAC), Beard Energy Transition Acquisition Corp.
Texas utility solar developer emerges after $30 million investment
Accelergen, a greenfield utility-scale solar developer, will launch following the Leyline Capital financing.
Maxeon raises $199.4 million in equity for IBC module manufacturing expansion
The producer of Maxeon and SunPower brand solar modules is raising capital from a $157.4 million underwriting of shares and a separate $42 million private placement with TCL Zhonghuan.
No loan, no lease: Going solar via home equity agreement
Home equity agreements offer a way to purchase solar and EV charging stations without taking on debt or monthly payments. A new partnership between QuantmRE and evNation provides this option.
Canadian Solar ships 6.1 GW of modules in Q1 2023
This record volume of shipments was a 68% increase over the same quarter last year.
PosiGen procures $250 million debt facility to fund energy communities projects
The new funding commitment will provide expansion into additional markets nationwide for PosiGen, with a direct focus on serving households with high energy burdens who stand to benefit the most from transitioning to clean energy.
Solar earnings recap: Tigo Energy, Nextracker and FTC Solar
pv magazine USA’s recap of notable upstream solar, integrated solar, hardware, finance and rooftop installers that reported quarterly or fiscal year earnings over the last week.
Above: Orbital and Ascent Solar receive federal grant for orbital thin-film panels
The companies received a Small Business Innovation Research (SBIR) program Phase I award from the Air Force to develop a solar-heated crucible.
