Sunrise brief: House votes to resume solar tariffs
Also on the rise: First Solar released Q1 2023 earnings with guidance on the advanced manufacturing production tax credit from the IRA
First Solar Q1 2023 revenue down, with investments in U.S. facilities taking precedent
Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
Sunnova doubles customer count in Q1 2023
The solar and energy-as-a-service company recorded more than 5,000 of new customers in Puerto Rico, representing its second highest market after California, where it added 5,512 new customers.
Nonprofit receives renewed commitment from Bank of America for solar fellowship
To date, Bank of America has provided $2.2 million in total funding to Grid Alternatives and has supported 200 fellows in their career advancement.
Yotta and Sunstone partner to offer commercial storage solutions
Partnership will expand business’ access to Yotta Energy’s energy storage solutions with solar loan financing backed by Sunstone Credit.
Google partners for 500 MW environmental justice-focused distributed solar portfolio
The largest corporate backing of distributed solar in the United States, in partnership with EDP Renewables, will be funded in part through Google’s purchase of renewable energy credits called the ImpactREC.
Sunrise brief: Republican debt ceiling bill guts clean energy in Inflation Reduction Act
Also on the rise: Driven by solar, California’s net demand hit zero on Sunday. Tracking the sun on uneven terrain. And more.
Sunnova secures $3 billion for virtual power plant loan program
A $3 billion Department of Energy conditional loan is expected to support Sunnova’s loan program for disadvantaged communities.
Sunergy to go public in $475 million valuation SPAC merger
The Florida-based installer of SunPower and Tesla Powerwall systems announced its intent to combine with ESGEN Acquisition Corp., a special purpose acquisition company backed by Energy Spectrum Partners, in a transaction that would result in the combined company becoming a Nasdaq-listed company later this year.
California grants $3 million for solar photovoltaic window coating production
NEXT Energy Technologies received a grant from the California Energy Commission for its organic photovoltaic coating for commercial windows.
