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Finance

Verizon issues $1 billion green bond with proceeds going toward renewable energy investments

The company is partnering with three minority- and women-owned firms as lead underwriters for this green bond, its fourth since 2019.

Gridpoint closes $75 million in funding

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.

US EV battery manufacturer demonstrates 750+ mile range, raises $65 million

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.

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Rackless, earth-mounted solar provider earns funding

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.

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50 states of solar incentives: Maine

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.

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Clean energy tax credit reform is our last, best chance for a net-zero future

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.

Aspen Power secures $120 million, 200MW of distributed and community solar

The developer is active in community solar, multifamily, commercial, industrial, and rooftop markets.

Utilities are investing in renewables more than ever before to improve their ESG profiles

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.

Sunrise brief: Crossing EV barriers with microgrids and managed charging

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.

Mosaic lowers pricing on its suite of solar loan products

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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