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Finance

Aurora Solar platform achieves 10 million site milestone

Solar installers use the Aurora solar platform to acquire leads and to help streamline the sales process.

Arevon secures $400 million for 6 GW solar and storage portfolio

The loan was provided by the Canadian Imperial Bank of Commerce and KeyBank N.A.

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Sunrise brief: The floodgates open for the U.S. solar industry

Also on the rise: California to ban gas-powered car sales by 2035. Production tax credit or investment tax credit? And more.

Amp Energy closes $155 million in financing for solar-plus-storage portfolio

A 61 MW community solar portfolio is financed by KeyBank leading the construction and term debt and U.S. Bank investing in the tax equity of the portfolio.

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.

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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.

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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.

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