The company is partnering with three minority- and women-owned firms as lead underwriters for this green bond, its fourth since 2019.
The company will use the funding to develop and optimize its technology platform that makes buildings smarter and more sustainable through data analytics, intelligent automation, and machine learning.
Michigan’s Our Next Energy (ONE) said it will use the funding led by BMW to accelerate R&D and build a US manufacturing facility.
Erthos secured a $17.5 million Series B from an investor who participated in the startup of Tesla and SpaceX. The utility-scale solar company has a 2.5GW project pipeline.
In this series, pv magazine will be exploring incentives and programs available to both installers and customers of all sizes looking to go solar state-by-state, across the country.
A clunky tax credit system keeps vital incentives like the ITC and PTC from working the way Congress intended. Direct pay is the key to ensuring US projects have efficient access to low cost capital with greater certainty by providing cash incentives directly to clean energy projects and project sponsors.
The developer is active in community solar, multifamily, commercial, industrial, and rooftop markets.
Ernst & Young’s 2021 report detailing transactions in power and utilities shows a higher focus on ESG initiatives and renewable deals across the country’s utilities.
Also on the rise: Fire alarms shut down Moss Landing Energy Storage facility. SolarEdge reports record revenue. Mosaic custs costs of solar loans. Policies are working in Illinois, where solar is surging. Wave energy isn’t expected to rival solar or wind power, but NREL sees use cases for the technology. Canada-US-Mexico panel says Section 201 tariffs violate agreement.
The company reports that since 2012 it has provided loans for more than 200,000 households to help them make sustainable home improvements.
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