Sunrise brief: Solar developers react to Texas permitting proposal
Also on the rise: Silicon Valley Bank begins lending again for solar projects. California gold rush supporting 2023 residential solar market. And more.
California gold rush supporting 2023 residential solar market
Ohm Analytics reports an uptick in third-party ownership in several states and believes NEM 2.0 projects will support California installers for many months, while other regional market outlooks vary by energy costs and local incentives.
Silicon Valley Bank reemerges as a lender, extends credit to Pivot Energy community solar portfolio
Subscribers in the portfolio include municipalities, healthcare, food service, and retail companies, as well as 8,000 low-to-moderate income (LMI) households.
Longi posts 60% annual revenue increase despite polysilicon pricing sensitivity
Longi shipped 46.8 GW of silicon modules, representing three years of sequential growth from 24.5 GW shipped in 2020.
Florida resort owner deploys 1.51 MW of solar arrays
Optimus Energy installed four solar arrays at resorts located in Kissimmee (760 kW), Lake Buena Vista (147 kW), Clearwater (205 kW) and Palm Coast, Fla. (402 kW).
Solar Earnings Recap: SunPower, Sunrun and SolarEdge
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported quarterly or fiscal year earnings over the last week.
SunPower secures $550 million loan purchase commitment
Private equity firm KKR committed to purchasing loans made to SunPower customers.
HVAC, lighting and solar integrator raises Series E round
The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.
BayWa r.e. procures credit facility for 2024-26 portfolio
Funding will support BayWa r.e.’s efforts to advance its pipeline of solar, solar-plus-storage (1.1 GW) and storage projects (188 MWh) across five states.
Permitting, grid resiliency and fusion energy are top of mind at BNEF Summit
The 2023 BloombergNEF Summit focused on grid innovations, climate change and renewable energy technology and saw in excess of 800 attendees turn out in person and on a live webcast, with about 26 corporate sponsors.
