Also on the rise: Altus Power plans more community solar on O’ahu, Wells Fargo passes $10 billion in tax equity investment for renewables, and Enphase Energy plans to issue $1 billion in senior notes.
Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
Also on the rise: ARPA-E offers $100 million in R&D funding, California hunts for generation resources for this summer, and CIT Group helps arrange financing for a handful of BESS capacity.
After a Covid-19-stunted Q2, the company reported improved revenues for a second straight quarter, and closed 2020 with revenues north of $770 million.
Also on the rise: Enevate and Highview Power fuel growth plans with additional investors, and a new venture targets Li-ion battery recycling for fleet vehicles.
The legislation would extend the federal Investment Tax Credit for solar and create a version for energy storage technology.
Also on the rise: seven teams advance in a DOE-sponsored Li-ion battery recycling competition, ForeFront Power commissions a school-focused solar project, and U Washington researchers say emission goals need to be 80% more ambitious to have a chance of meeting Paris climate goals.
In a wide-ranging interview, Ross Hopper discussed supply chain challenges, the hope for federal policy certainty, workforce diversity, and the need to act “with boldness and vision.”
The Accelerators would seek investment and procurements in areas such as renewables, storage, transportation, transmission, resiliency, efficiency, reforestation, agriculture, and industrial de-carbonization.
Also on the rise: Enphase acquisition adds to its services offering, Wisconsin firm pauses a planned project to pursue RUS funds, and Wood Mackenzie offers an EV outlook to mid-century.
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