A renewables investment report from BloombergNEF noted record growth for solar projects as wind power investment eased. A 1.8% yoy rate of growth was cause for concern, however.
The partnership is the two companies’ second under Soltage’s Iris capital vehicle, and the two ultimately plan on deploying 450 MW of new distributed solar and storage projects across the United States together.
Also on the rise: Polysilicon prices are forecast to continue to rise, Ample raises $160 million from investors including Shell, and growing numbers of schools are going solar.
Also on the rise: Protesters rally to demand TVA reforms, the energy storage market is fully charged for rapid growth, and BlackRock buys a solar developer.
The five-year commitment will support solar, clean transportation, and green buildings, among other sectors.
In the last six months the solar and energy storage company has raised $680 million to support its growth.
Also on the rise: JinkoSolar is adding a manufacturing plant in Vietnam, solar on a parking garage adds a Scandinavian design flair, and iSun says its 2021 revenues are likely to double.
Also on the rise: LS Power launches Rev Renewables, El Paso Electric issues an RFP for renewables, and Biden’s infrastructure agenda clears one big hurdle but faces still more.
The company plans to commercialize its calcium-antimony liquid metal battery chemistry and open manufacturing facilities to deliver projects in 2023 and beyond.
Also on the rise: Former utility exec Mary Powell takes over as CEO of Sunrun, talks stall on an Illinois clean energy bill, and you’ve got $30 billion to spend: Nuclear or solar?
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