Sunrun posts sharp Q1 revenue jump, looks to EV cross-sales opportunities
Sunrun raised its installed growth rate estimate to 25-30% for the year, and said that “the strong momentum that we saw in the fourth quarter has continued into 2021.”
Shoals reports 12% revenue growth, plots to accelerate its EV charging strategy
Shoals said it is getting faster at winning new customers: It recently converted a prospect to an order in less than 90 days.
Sunrise brief: Green light for 185 MW/565 MWh solar + storage project
Also on the rise: Ørsted completes its 460 MW Texas solar + storage project, ReneSola JV aims to speed its European build pipeline, equity firm closes its CS Energy buy, and Revolt Energy gets a new owner.
Sunnova narrows its quarterly loss and looks to build on SunStreet opportunity
The company narrowed its first quarter loss to $24 million, an improvement from a year earlier and driven by lower interest expenses.
DOE offers billions in loans for transmission upgrades to boost renewable energy resources
The Energy Department said that without more transmission capacity, the electricity grid “cannot reliably and consistently deliver renewably sourced power.”
Sunrise brief: Hyzon and Raven partner to deploy hydrogen for commercial vehicles
Also on the rise: SolSmart designates its 400th locality and claims up to 450 MW of related solar capacity, Tri Global sells a 400 MW solar facility, and battery startup Gridtential secures $12 million in financing.
Lending platform Mosaic adds $1.5 billion multi-year loan program
The new financing is expected to help more than 100,000 homeowners afford sustainable energy and home improvement projects.
Sunrise brief: Capital Power signs solar VPPA for Budweiser brewery
Also on the rise: CleanCapital inks a $300 million commitment from Manulife, Power Edison BESS to set sail, and Gen. Grant’s historic New York cottage gets a solar-plus-storage system.
Kit Carson hits its solar goal a year early
The electric co-op is en route to meeting 100% of its daytime energy load entirely with solar generation after securing financing for 21 MW of solar and 15 MW of storage.
Sunrise brief: D.E. Shaw finances Michigan solar project
Also on the rise: Capstone’s 132 MW solar project in Alberta enters service, Wallbox is looking for a site to make EV chargers, General Motors leads fundraising for battery-maker SES, NextEra buys more wind, and FTC Solar starts its IPO roadshow.
