Sunrise brief: Our nation’s renewables goals are at risk; the US Commerce Department must reject the latest tariff petition
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 may be insulated from anti-circumvention, said ROTH
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.
Solar leasing risks & rewards, & other topics on day 2 of the Tax, Finance, & Buyer’s seminar
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.
Greenbacker annual revenues grow 39% to $107 million
The renewable energy acquisition and management company grew the capacity of its holdings from 900MW to 2.6GW.
Manchin and the BBB, Intel+Microsoft and ESG, and SEIA in NYC
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.
DOE names 22 communities to receive energy assistance through the Communities LEAP program
Communities LEAP Program aims to provide supportive services valued at up to $16M for community-driven clean energy transitions.
Tesla drops from top three residential solar installer ranking
In Wood Mackenzie’s solar installer Leaderboard, Freedom Forever overtakes Tesla in the top three spot for the first time.
Four Northeast states form consortium to develop regional clean hydrogen hub
New York, Connecticut, Massachusetts, and New Jersey to join dozens of corporations and universities in demonstrating shared vision for clean energy.
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.
