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Finance

Sunrise brief: Hyundai partners up with Texans on solar energy storage concept

Also on the rise: JinkoSolar’s “very challenging” Q2, Silfab secures an investment, and megawatt-scale solar e-truck charging rolls into California.

JinkoSolar reports results from a ‘very challenging’ Q2

The module manufacturer reported a gross profit of $210.5 million, up 0.1% from the first quarter but down 10.2% from the second quarter of 2020.

Silfab secures investment to expand its U.S. solar module production

The investment is expected to provide growth capital for increased domestic production and sourcing, and to enable new generations of modules.

Sunrise brief: Soltec books tracker orders for 700 MW of solar capacity

Also on the rise: Price increases and trade uncertainty weigh on solar, TVA prices a green bond offering, and we look at factors that affect rooftop solar longevity.

TVA announces $500 million green bond offering

Proceeds will fund investments in renewable energy generation, energy storage, transmission system upgrades, and development of advanced clean energy technologies.

Mitsubishi buys interest in 11 MW solar project, a first

A North Carolina energy provider will buy the project’s full output through a 25-year fully bundled Power Purchase Agreement.

Solar developers beware: Congress could revoke a key tax credit provision

An otherwise pro-renewables bill in Congress would repeal a key policy that has underpinned large-scale solar development. Up to now, few solar developers have been aware of this wolf in sheep’s clothing.

Sunrise brief: Revised rules could make it easier to use public lands for solar

Also on the rise: LG will supply RWE with 200 MW of storage, SB Energy signs a PPA for a Texas solar project, and Invenergy lines up financing for a 200 MW Michigan solar project.

Invenergy lines up finance for 200 MW Michigan project

The developer has three separate long-term power purchase agreements with utilities for the output.

Clean energy catalyst program announces funding awards

The program supports clean energy innovation and technology development across Massachusetts. Here are some of the recent cash awardees in solar and energy storage.

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