CIT Group arranges finance for Texas solar project
The 260 MWdc Brazoria West Solar Project is under construction, with commercial operation planned for 2022.
Canadian Solar raises $150 million to fund possible acquisitions
The company said it will use the proceeds for its long-term strategic growth plans, including investing in its battery storage business and growing its storage pipeline.
Sunrise brief: Investors are targeting renewables–and hydrogen–like never before
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
Energy storage firm Broad Reach gets a $400 million equity infusion
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
Utilities and financial investors are investing in renewables, especially hydrogen, like never before
A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.
Sunrise brief: Look to landfills for solar capacity buildout, RMI says
Also on the rise: Intersect Power arranges $2.6B in financing for solar plus storage projects, Standard Solar announces 24 MW community solar in Maryland, and PS Oklahoma seeks solar and wind capacity.
Intersect Power lines up $2.6B in financing for solar portfolio buildout
The deals will allow Intersect to move forward on 2.2 GWdc of late-stage solar projects along with 1.4 GWh of storage slated to be in operation by 2023.
Sunrise brief: Solar+storage microgrid for EV bus charging wins $6m in funding
Also on the rise: Costs for all types of solar PV continue to fall, NREL says; and financing is lined up for a solar project near Denver.
Financing arranged for 75 MW solar project near Denver
The project has power purchase agreements in place with CORE Electric Cooperative and Holy Cross Energy.
Sunrise brief: Financing green light for 565 MWh storage project
Also on the rise: First Solar reports shipping problems, SunPower weighs options for its C&I business, and FTC Solar wins a tracker order for an Arizona project.
