Grasshopper closes $48m financing deal for U.S. solar expansion
The Canada-based renewable energy developer will use the funds to support four solar-plus-storage projects in Massachusetts.
Sunrise brief: SEIA program aims to broaden solar’s workforce diversity
Also on the rise: PVEL adds hail stress test for modules, Wolverine signs PPA for 150 MW of capacity, and smart inverters are starting to strut their stuff.
PVEL adds hail test to its module certification program
The hail stress sequence aims to address concerns from insurers and asset owners about the ability of PV modules to withstand severe hail impacts.
Sunrise brief: DOE aims to expand community solar by 700% in four years
Also on the rise: Under new ownership, a Norwegian module maker could add 1 GW of U.S. capacity; Sunrun add $1 billion to a finance facility; and a natural gas-friendly renewable energy bill passes in North Carolina.
Sunrun boosts its financing pot by $1 billion
The non-recourse lending facility serves as a warehouse facility to temporarily finance solar assets prior to arranging long term financings.
PVcase raises $23 million, plans US expansion
The Lithuanian software provider now eyes the US market, with aims to be a one-stop shop for solar software solutions.
Sunrise brief: Westbridge Energy enters the U.S. market with a Texas solar acquisition
Also on the rise: Energy shortages in China could disrupt or halt deliveries, a Tier 1 manufacturer warns; Arevon acquires a solar+storage peaker project; and researchers explain how large-scale solar can cool nearby areas.
BrightVolt closes Series B fundraising for its lithium-ion battery development
Funds will be used to develop larger form factor products targeting industrial electrification and e-mobility markets.
Sunrise brief: More solar manufacturing is coming to the U.S.
Also on the rise: Koch makes a $100 million investment in li-ion battery recycling, and battery energy storage pairs well with solar, says the EIA.
Koch unit invests $100 million in li-ion battery recycler
Li-Cycle said its market estimate has “accelerated significantly” in recent months as mega-battery plants have exceeded original expectations.
