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.
iSun invests in Encore Renewable Energy
The solar developer said the investment will increase iSun’s involvement brownfield redevelopment, dual-use projects, and emergent storage technologies.
Sunrise brief: Canadian Solar funds growth plans via stock sale
Also on the rise: UK scientists probe perovskite cell structures to better understand how they work, and the International Trade Commission says that Section 201 tariffs should be extended.
CIT Group arranges finance for Texas solar project
The 260 MWdc Brazoria West Solar Project is under construction, with commercial operation planned for 2022.
Canadian Solar raises $150 million to fund possible acquisitions
The company said it will use the proceeds for its long-term strategic growth plans, including investing in its battery storage business and growing its storage pipeline.
Sunrise brief: Investors are targeting renewables–and hydrogen–like never before
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
Energy storage firm Broad Reach gets a $400 million equity infusion
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
Utilities and financial investors are investing in renewables, especially hydrogen, like never before
A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.
Sunrise brief: Look to landfills for solar capacity buildout, RMI says
Also on the rise: Intersect Power arranges $2.6B in financing for solar plus storage projects, Standard Solar announces 24 MW community solar in Maryland, and PS Oklahoma seeks solar and wind capacity.
