Walmart, U.S Bancorp Impact Finance and Reactivate closed a tax equity transaction on the portfolio of solar projects in New York and Illinois.
The new electric vehicle promises 400 miles of battery range and 40 miles of solar-generated range per day.
Also on the rise: Lithos technology reduces water use in lithium extraction. Solar tracker provider Nextracker amps up its 2024 earnings guidance. And more.
The company closed financing for a solar project that is expected to generate enough electricity for the equivalent demand of 160,000 homes.
The solar tracker and software provider’s share price increased 20% in the trading session following the earnings report.
The $18.2 million in funding will help Crux grow its team and scale the volumes of annual transferable credits into the billions, the company said.
Mercom Capital reported the U.S. invested $9.2 billion of venture capital in energy storage in 2023.
Also on the rise: Energy Department announces investments in clean energy future. WoodMac predicts strong yet flat global PV growth through to 2032. And more.
Virtual training program designed for mission-driven, community-based lenders that support clean energy by offering climate financing in low-income and underrepresented communities.
Also on the rise: Solar and storage accounts for one-third of transferable tax credit market in 2023. Zero-emissions mobile off-grid EV charging trailer. And more.
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