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Finance

SolarEdge expects to break more records in Q1

SolarEdge has reported record revenue in its latest three-month update and expects to have even more business in the second quarter, even if gross margin and profit has declined.

Sunrise brief: Solar generation up 36% in the first two months of 2022

Also on the rise: Solar farm in Baltimore City to power university medical system as well as low-income area residents.NJR Clean Energy Ventures breaks ground, or rather water, on 9 MW floating solar project. Top ten hybrid solar and storage plant observations. 22 Senators call on Biden to end anti-circumvention investigation.

Solar and energy storage developer Origis Energy closes $375 million credit facility

The facility bundles a letter of credit and equipment financing to support the company’s project pipeline.

Enphase predicts another revenue landmark this quarter

Enphase expects the volume of business generated to rise again for the April-June period, accompanied by another bump in battery shipments.

Sunrise brief: Over 500 solar installers share their views of the US solar industry

Also on the rise: Using soot from biomass for solar thermal absorption. On Saturday April 1, 2022, California was 100% powered by renewables for the first time. California Governor calls on DOC to end anti-circumvention investigation but DOC says it can’t. Milwaukee startup claims hydrogen output for $0.85/kg or less via new water vapor electrolyzer.

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Funding announced for US battery manufacturing, processing, and recycling

$3.1 billion is available to increase production of American-made batteries, with a separate $60 million to support second-life applications for used EV batteries, along with development of processes for recycling materials back into the battery supply chain.

Gemini Solar and Storage project closes $1.9 billion in financing

One of the largest solar projects ever proposed in the US is inching closer towards the start of construction, with completion and operations set to occur some time in 2023.

California solar bill would extend access, savings to renters and low-income families

Assembly Bill 2316 would create a community solar program that leverages distributed solar and storage aggregation and extend benefits to Californians who have not yet been able to directly take advantage of the clean energy transition.

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Mosaic solar finance company reaches $7 billion in loans funded

The milestone occurred just months after Mosaic achieved $6 billion in loans funded and reduced pricing across its entire suite of solar loan products.

LaGuardia Airport solar installation advances Port Authority’s net zero commitment

Solar on airport garage rooftop to provide 1.34 MW of renewable energy.

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