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Finance

Sunrise brief: Xcel Colorado aims to add 5.6 GW of renewables and storage capacity

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.

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Solaredge records pandemic progress despite tough final quarter

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.

Sunrise brief: Intel signs on to 138 MW Avangrid solar project

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.

Enphase Energy closes 2020 with a strong Q4

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.

Sunrise brief: Novel approach boosts organic solar cell efficiency

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.

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House lawmakers reintroduce the GREEN Act, a ‘critical’ bill for solar

The legislation would extend the federal Investment Tax Credit for solar and create a version for energy storage technology.

Sunrise brief: AES inks financing for 400 MWh standalone battery energy storage

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.

‘The strategy is to go big.’ A conversation with SEIA’s Abigail Ross Hopper

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.”

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National Clean Energy and Sustainability Accelerator bills introduced in House and Senate

The Accelerators would seek investment and procurements in areas such as renewables, storage, transportation, transmission, resiliency, efficiency, reforestation, agriculture, and industrial de-carbonization.

Sunrise brief: IPL to acquire 195 MW project from Invenergy

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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