Solar tracker provider Nextracker amps up its 2024 earnings guidance
The solar tracker and software provider’s share price increased 20% in the trading session following the earnings report.
Crux raises funds as it builds market for transferable clean energy tax credits
The $18.2 million in funding will help Crux grow its team and scale the volumes of annual transferable credits into the billions, the company said.
Venture capital funding in energy storage increases 59% year over year
Mercom Capital reported the U.S. invested $9.2 billion of venture capital in energy storage in 2023.
Sunrise brief: Many states transition away from net metering
Also on the rise: Energy Department announces investments in clean energy future. WoodMac predicts strong yet flat global PV growth through to 2032. And more.
Training for community-based lenders focuses on climate finance
Virtual training program designed for mission-driven, community-based lenders that support clean energy by offering climate financing in low-income and underrepresented communities.
Sunrise brief: California unlikely to reach clean energy targets without rooftop solar
Also on the rise: Solar and storage accounts for one-third of transferable tax credit market in 2023. Zero-emissions mobile off-grid EV charging trailer. And more.
Recurrent Energy secures $500 million equity investment to further solar development
The BlackRock investment will help Recurrent transition from a pure developer to a developer plus long-term owner and operator in select markets in the U.S. and Europe.
Solar and storage accounts for one-third of transferable tax credit market in 2023
Crux, a marketplace for transferable tax credits, released a survey of 150 tax credit participants, estimating that $7 billion to $9 billion in total transferable tax credit transactions occurred in 2023, with the market expected to about triple in 2024.
IRA creates 100,000 clean energy jobs and attracts $110 billion in private investments
The Inflation Reduction Act of 2022 is ushering in a new decade of U.S. clean energy manufacturing and installation.
DC Green Bank funds solar projects that benefit LMI communities
The 125 kW portfolio consists of nine residential solar installations and adds to Copernican Energy’s existing 208 kW portfolio in Wards 7 and 8.
