To PTC or ITC, that is the financial question
CohnReznick Capital has released an analysis comparing the returns on investment of the newly available Production Tax Credit to the standard 30% Investment Tax Credit.
Sunrise brief: U.S. solar industry eyes 50 GW of manufacturing capacity by the end of the decade
Also on the rise: Green Banks may compete for $27 billion from fund set up by Inflation Reduction Act. EnergySage Marketplace Intel Report points to changes in solar pricing, preference. And more.
Green Banks may compete for $27 billion from fund set up by Inflation Reduction Act
$15 billion of the funds appropriated under the Inflation Reduction Act will support low-income and disadvantaged communities, including $7 billion for zero-emission technologies such as rooftop solar. The other $12 billion will support additional investments in low- and zero-emission projects.
On.Energy Secures $100 Million from UK firm to develop battery storage projects in North America
Sustainable Development Capital, LLC Energy Efficiency Income Trust plc will provide the financing to accelerate the deployment of battery energy storage systems across the United States and Canada.
Net losses triple at US tracker maker after acquisition
New Mexico-based Array Technologies is keen to emphasize the revenue benefits of buying Spanish rival STI Norland and said US President Joe Biden’s Inflation Reduction Act would also be good for business.
Sunrise brief: Designing for 100% renewables with real-time retail pricing could yield benefits of 9% or more
Also on the rise: Catalyzing solar in the US: a manufacturer’s perspective. FranklinWH announces additional financing for its home energy storage solution. And more.
FranklinWH announces additional financing for its home energy storage solution
Mosaic and GoodLeap add FranklinWH to their approved battery vendor lists
SEIA and environmental groups comment on proposed changes to Community Reinvestment Act
In May federal banking regulators proposed sweeping changes, which include shoring up the underserved against climate disasters, but SEIA and environmental groups asked them to go further in financing renewables to benefit LMI communities.
Energy storage software provider posts 246% revenue growth
Stem, provider of AI-backed energy storage software, posted record growth in Q2 2022.
Sunrise brief: Battery storage operation under net billing provides virtually no grid value, says Berkeley Lab study
Also on the rise: US added 15 GW generating capacity, 4.2 GW solar in first half 2022. Pairing agrivoltaics and pollinator habitat with community solar in New York. And more.
