DOE offers conditional loan guarantee for 200 MW solar, 285 MW storage in Puerto Rico
Two solar-plus-storage projects in Puerto Rico eligible for a loan guarantee would double the territory’s utility-scale solar capacity.
Sunrise brief: Tesla lands 15.3 GWh Megapack supply contract
Also on the rise: 690 MW solar-plus-storage project in U.S. now operational in Nevada. First Solar probes potential infringement of TOPCon patents. And more.
Residential solar company SunPower stock crashes 70%
The company’s share price fell below $1 as it announced it is halting some operations and ending its lease and power purchase agreement offerings, among other actions.
690 MW solar-plus-storage project in U.S. now operational in Nevada
Gemini is located thirty minutes outside of Las Vegas and with its 1.8 million solar panels, will power about 10% of Nevada’s peak power demand.
Sunrise brief: First Solar commissions 1.3 million square-foot R&D facility
Also on the rise: North American solar power purchase agreements rise 3% in Q2 Intersect Power closes $837 million in financing for three Tesla battery systems in Texas. And more.
Intersect Power closes $837 million in financing for three battery systems in Texas
Each project comprises 86 Tesla Megapacks and will provide a capacity of 320 MWh of battery storage with a two-hour duration.
Solar corporate funding drops to $16.6 billion in H1
High interest rates, an uncertain rate trajectory and timeline, increasing trade barriers, supply chain challenges, concerns about the presidential election’s impact on the sector, and constantly evolving trade policies have created a climate of uncertainty.
Sunrise brief: U.S. residential solar down 20% in 2024
Also on the rise: $1B in financing for 400 MW/1600 MWh solar-plus-storage project. Peak Energy secures $55 million Series A funding to manufacture sodium-ion batteries. And more.
Peak Energy secures $55 million Series A funding to manufacture sodium-ion batteries
The company plans to deliver its first systems in 2025 and open a full-scale production facility in 2027.
REIT completes commercial-scale solar tax credit transfer
Solar developer Black Bear Energy said the real estate investment trust’s (REIT) transaction on the 556 kW portfolio is proof of concept that demand exists for credits of this size and risk profile.
