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Finance

RE-volv secures investment to build solar projects for non-profits

Kresge and Schmidt Family foundations funded the investment, which builds off the momentum off a U.S. Department of Energy contract to help BIPOC-led houses of worship go solar.

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Sunrise brief: SolarEdge announces record revenues in 2022

Also on the rise: The IRA will unleash community solar markets. Saltwater flow battery added to solar-on-canal project. And more.

NanoGraf raises $65 Million to scale U.S. production of battery materials

Series B funding comes soon after $10 million contract from the U.S. Government to develop the first large-volume silicon oxide anode manufacturing facility in the Midwest.

Enphase and Lumio expand U.S. microinverter, storage partnership

The strategic relationship with Lumio will amplify the impact and distribution of Enphase Energy Systems, providing homeowners more access to sustainable and grid-independent power sources.

Redwood secures $2 billion DOE loan to manufacture battery materials in U.S.

The new battery materials gigafactory in Nevada will produce materials to support the manufacture of 1 million electric vehicles annually.

Duke Energy reports Q4 loss, pending job cuts

Duke’s five-year capital plan of $65 billion is focused on energy transition investments, which it says is a considerable increase over previous budgets, while its current budget removes almost $3 billion of capital it would have invested into the utility solar and distributed generation business.

Nextracker announces IPO pricing

Nextracker begins trading today on the Nasdaq Global Select market under the ticker symbol NXT.

Dronebase rebrands as Zeitview to scale aerial solar scanning

Zeitview issues real-time ratings from A to D for operational solar projects of 1 MW and larger.

Utility-scale updates on Texas 36 GW five-year solar path

Texas is set to take over as the highest-capacity solar state in the U.S., much of which will be represented by large-scale projects like the ones featured in this update.

Window mini-split air conditioner company secures Series A funding

Gradient’s first generation heat pump heating and cooling system is available for preorder, and ships this summer.

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