Plus Power lines up financing for 565 MWh storage project
The financing includes $188 million in non-recourse construction debt and $31 million in letters of credit.
Startup Sunday: $13 million round for solar module-mounted storage
Also starting up: Shell buys a solar developer, and a New Mexico startup installs electricity producing windows using quantum dot technology.
50-year solar? Here’s how the numbers may work
The DCF from a solar project’s electricity generation increases by 46% when shifting the project from today’s standard 25-year lifetime to a 50-year time scale.
Startup Sunday: Amazon funds transformer-based EV fast charger
Also starting up: Leap Photovoltaic turns to 3D printing to slash solar cell production costs, and solar EV startup Sono Motors files for its U.S. IPO.
Sunrise brief: Costs and savings of a home energy storage system
Also on the rise: The White House announces a pared-down framework for its Build Back Better agenda, Tesla orders 45 GWh of EV batteries, and New Jersey makes its community solar program permanent.
CIT Group leads financing for solar-plus-storage portfolio
Amp Energy is developing five separate solar power generation systems at four project sites in central New York State.
Sunrise brief: Google deploys ‘dragon scale’ solar shingles at its Silicon Valley campus
Also on the rise: Large format modules are gaining market share and presenting a new set of challenges, Honeywell and Duke will jointly test a flow battery, and Sunnova will offer EV charging through a partnership with ChargePoint.
iSun pegs its C&I project backlog at $80 million
Preliminary Q3 revenues were estimated at between $6.2 million and $7.2 million, while gross margin is expected to range from 18-20%.
Sunrise brief: Consumers can drive decarbonization faster than utilities, study says
Also on the rise: Ohio officials approve more utility-scale solar, SCE will add 2,150 MWh of energy storage, and large format modules are headed for standardization in a move driven by a Chinese trade group.
NextEra Partners buys stake in 2,520 MW renewables portfolio
The deal includes more than 800 MW of solar and solar+storage in four states.
