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Finance

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.

Sunrise brief: SolarBuddy eyes US expansion to tackle extreme energy poverty

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.

iSun posts 115% revenue growth in full year 2021 financial results

The solar and electric mobility infrastructure developer had a “milestone year.”

Pivot Energy closes financing on 90MW solar portfolio

Pivot will build, own, and operate the 40 distributed generation solar plants in six different states.

New York Governor lays out plan to achieve 10GW of distributed solar by 2030

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.

Washington DC University to install 2.5MW microgrid

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.

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