The financing round was led by GitLab CEO Sid Sijbrandij and cryptocurrency expert James Fickel. Proceeds will be used to expand R&D, develop prototypes and add staff.
The company’s largest-ever funding round will help it bring more than 1 GW of solar on line and position Nashville-based Silicon Ranch to enter new markets.
We cover residential resilience, tariff trouble, big Texas solar, storage everywhere, IPOs, interconnection queues and more in a review of this difficult, ridiculous, successful year. Next year will be better.
The Baywa group will maintain a 51% stake in the German renewable energy company.
In the fashionable world of “impact” investing, often the least sexy investment makes the most impact; nowhere is this truer than in the energy sector
Also in the brief: Tesla’s first-ever Diversity, Equity and Inclusion Impact report shows the Elon Musk-helmed EV pioneer’s U.S. leadership is 83% male, and 59% white. Joe Biden weighs the 25% China import tariff, Some Cadillac dealers choose not to invest in an EV future.
Once sort of disreputable, the SPAC is now a “financial innovation” and a “funding mechanism for ambitious companies who are in the midst of a growth phase-change,” in the eyes of some investors. Here’s a roundup.
Also in the brief: Loanpal closes largest residential solar securitization to date, and a model for solar-plus-storage assets.
The credit rating agency’s new CTA scores will inform Moody’s analysts, bankers and investors’ thinking about the risks and opportunities that will shape the revenues, costs and capital deployment in the U.S. power sector.
At least a dozen energy transition startups are getting their start during the pandemic holiday season.
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