Also on the rise: Pivot Energy closes financing on 90MW solar portfolio. iSun posts 115% revenue growth in full year 2021 financial results. Energy Dome wins BNEF Pioneers 2022 competition for long-duration energy storage with CO2 batteries. Burns & McDonnell completes 65MW Texas solar project. New Hampshire utilities announce electric vehicle demand charge holiday.
The solar and electric mobility infrastructure developer had a “milestone year.”
Pivot will build, own, and operate the 40 distributed generation solar plants in six different states.
The state’s Climate Leadership and Community Protection Act’s goal is to generate 70% of New York’s electricity from renewables; powering 700,000 additional homes, creating thousands of jobs, with 40% of benefits to low- to moderate-income residents.
Gallaudet University, Scale Microgrid Solutions, and Urban Ingenuity collaborate on solar-plus-storage microgrid to power the university and surrounding homes through community solar plan.
Also on the rise: The sky may not be falling: Heliene CEO speaks on anti-circ investigation. To speed interconnection, consider public control of grid operators, says law professor. Sachs polls says 86% of Florida voters want Gov. DeSantis to veto anti-solar bill. Maryland Climate Solutions Now Act of 2022 moves to the Governor’s desk. Virginia Governor signs property tax exemption for solar installations up to 25kW. Solar drone inspection provider Raptor Maps secures $22 million Series B.
Array Technologies’ close relationship with First Solar, Hanwha, and Maxeon may be the reason for its strong revenue guidance, said an industry note from Phil Shen, managing director of ROTH Capital.
The second day at SEIA dove into the risks and rewards of solar leasing, as well as a slew of tax considerations including tax transfer challenges, assignment rights & interests.
The renewable energy acquisition and management company grew the capacity of its holdings from 900MW to 2.6GW.
There was a lot of optimism about the BBB Act, ITC, solar potential in NY and more at the Solar Finance, Tax, & Buyers Seminar in New York — lawyers, CPAs, developers, and solar politics.
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