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Finance

Sunrise brief: Funding rounds fuel international firms’ U.S. expansion plans

Also on the rise: DOE back a Shell-led group in a liquid hydrogen test project, and registration is open for our 2021 Roundtables USA event.

RatedPower closes funding round and eyes U.S. expansion

The investment will be used to drive the Spain-based project design software company’s growth with a focus on the United States.

Grasshopper closes $48m financing deal for U.S. solar expansion

The Canada-based renewable energy developer will use the funds to support four solar-plus-storage projects in Massachusetts.

Sunrise brief: SEIA program aims to broaden solar’s workforce diversity

Also on the rise: PVEL adds hail stress test for modules, Wolverine signs PPA for 150 MW of capacity, and smart inverters are starting to strut their stuff.

PVEL adds hail test to its module certification program

The hail stress sequence aims to address concerns from insurers and asset owners about the ability of PV modules to withstand severe hail impacts.

Sunrise brief: DOE aims to expand community solar by 700% in four years

Also on the rise: Under new ownership, a Norwegian module maker could add 1 GW of U.S. capacity; Sunrun add $1 billion to a finance facility; and a natural gas-friendly renewable energy bill passes in North Carolina.

Sunrun boosts its financing pot by $1 billion

The non-recourse lending facility serves as a warehouse facility to temporarily finance solar assets prior to arranging long term financings.

PVcase raises $23 million, plans US expansion

The Lithuanian software provider now eyes the US market, with aims to be a one-stop shop for solar software solutions.

Sunrise brief: Westbridge Energy enters the U.S. market with a Texas solar acquisition

Also on the rise: Energy shortages in China could disrupt or halt deliveries, a Tier 1 manufacturer warns; Arevon acquires a solar+storage peaker project; and researchers explain how large-scale solar can cool nearby areas.

BrightVolt closes Series B fundraising for its lithium-ion battery development

Funds will be used to develop larger form factor products targeting industrial electrification and e-mobility markets.

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