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Finance

GameChange Solar receives $150 million investment by Koch Strategic Platforms

GameChange plans to use net proceeds from the investment to continue to expand its market share in the U.S. and globally and to accelerate R&D including balance of system solutions, new 2P tracker technology, a new fixed tilt system, and advanced tracker software.

Sunrise brief: Milestones for residential solar in 2021

Also on the rise: A new EV battery factory in South Carolina, lithium-ion battery recycling company expands, solar module manufacturer Silfab and national installer Titan Solar strengthen partnership, more funding for solar on tribal lands, Apex Clean Energy inks deal with Wyerhaeuser, Shell buys storage and energy company Savion.

National Grid Renewables closes financing for 200 MW solar project

Once completed, the 200 MW Prairie Wolf Solar Project will be the largest of its kind in Illinois, and will bring the state near 900 MW of installed solar capacity.

SunPower launches solar finance institution

SunPower’s move to bring financing in-house marks a significant pivot for the installer.

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Mosaic passes milestone for solar funding; Welcomes new board member

Mosaic surpasses $6 billion in loans for residential solar installations and sustainable home improvements

Sunrise brief: Solar wins big as new transmission projects advance

Also on the rise: Community solar developers merge, Summit Ridge completes a big rooftop community solar project, and CIT Group refinances a 20-project solar portfolio.

CIT Group lines up refinancing for 130 MW solar portfolio

The deal follows an earlier $210 million financing package for a 260 MW Texas solar project.

Sunrise brief: EPC contractor buy expands Koch’s solar reach

Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.

Wells Fargo provides tax equity financing for solar+storage project

The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.

NextEra Energy sells a stake in a renewable energy portfolio for $849 million

The deal includes long-term O&M agreements for the solar, storage, and wind assets.

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