Heliogen nets $188 million in cash in business combination, added to NYSE
The concentrated solar power provider announced the completion of a business combination with Athena Technology Acquisition Corp.
Koch invests $150 million in GameChange Solar
Koch Strategic Platforms, a subsidiary of Koch Investments Group, invested in the commercial and utility-scale solar racking provider, marking a divergence from earlier anti-solar strategies.
Stepping UP in 2021: #3 Sustainable electricity and corporates’ critical solar role
Despite the global Covid-19 pandemic and recession, corporate purchases of clean energy are booming. Several factors are driving this trend, including falling costs, a heightened appetite for sustainability among consumers and investors, and increased political will for net-zero development. In recognition of this, the UP Initiative spent Q3 2021 investigating sustainable electricity supply. How are PPA models evolving? What are the critical issues around residual energy? And how can greenwashing be avoided? Read on to discover more.
Lightsource BP closes $376 million in financing, breaks ground on two massive projects
The 293 MW Sun Mountain solar project, set to be located in Pueblo, Colorado, and the 173 MW Bellflower solar project, set to be constructed east of Indianapolis will each be among the largest in their respective states.
Pine Gate completes financing for two Michigan solar projects
The two projects will bring more than 50 MW of solar to Consumers Energy customers across the state.
130 MW Alabama solar project secures financing
The Black Bear Solar project will be among the largest in the state once it is completed, and it will deliver electricity to a wholesale power provider for 11 public power utilities in Alabama.
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.
