Federal budget includes $500 million for promoting energy storage
The funding is is available for energy storage activities authorized under the Better Energy Storage Technology Act and is intended to increase the affordability of energy storage and related technologies.
SolarEdge $590 million capital raise “expands the war chest,” said ROTH
A recent offering of 2 million shares at $295 arms the company with capital for “acquisitions and general corporate purposes.” Philip Shen, managing director, ROTH Capital Partners said in an industry note the offering was “well timed,” reiterating a buy rating.
Non-profits partner to help homeowners go solar in Brooklyn
Barrio Solar wants Brooklyn homeowners to go solar in order to lower Con Edison bills, property taxes, and greenhouse gas emissions.
Sunrise brief: CHARGE Act lays groundwork for making critical changes to energy transmission planning and operations
Also on the rise: DOE introduces five-year plan for reducing environmental impacts of solar. Three Wisconsin utilities to buy stake in $433 million Paris solar-plus-storage project. A group of 22 bi-partisan California legislators call on regulators to maintain net metering. Maxeon to provide 400MW of solar modules to Origis Energy. Source Renewables, Sol-REIT partner to develop 100MW of low-income solar.
Global tracker provider FTC Solar posts 44% growth in 2021
The company announced the launch of a turnkey operation for sub 20MW projects and reported revenues of $101.7 million in the fourth quarter.
Sunrise brief: California’s solar market is now a battery market
Also on the rise: Indiana ruling paves the way for HOAs to allow solar. Shoals opens manufacturing facility in Tennessee. NASA announces advances in space solar and thin films. Majority of homeowners want solar but need help with upfront financing. Rocket Lab unveils space solar cell with 33.3% efficiency.
Survey said a majority of homeowners want to go solar, but up-front costs are a deterrent
Rocket Homes found that 66.5% of homeowners surveyed would like to go solar–and they know it saves on the electric bill and increases resale value–but they need financial incentives to handle costs.
Renewable advocates urge regulators to reject fixed charge for shared solar program
The Virginia State Corporation Commission’s Hearing Examiner has proposed a requirement for residential shared solar customers to pay a $55 minimum bill each month, which opponents claim will dramatically limit program participation.
Community choice solar programs save New Yorkers $7 million in seven months
Joule’s programs have helped to bring access to clean energy and bill savings to 800,000 New Yorkers in 44 municipalities across the state.
IHS Markit: Battery prices won’t fall until 2024
Business data analyst IHS Markit published a series of clean tech predictions for the year that also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.
