DOE loans $1.8 billion to Arizona utility for solar, storage, transmission
The Department of Energy Loans Programs Office has approved a loan to Arizona Public Service (APS) to construct new electricity generation, storage and transmission assets.
Despite wind and solar’s low costs, PPAs remain vital
A new ACORE report says corporate use of power purchase agreements remain integral to getting large solar projects off the ground.
SolarEdge stock jumps as the company announces more layoffs
SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Recent safe harbor agreements and 45X credit sales may help the company on its path to recovery.
$11 million funding opportunity for solar that benefits wildlife and agriculture
The Energy Department’s Solar with Wildlife and Ecosystem Benefits program will fund R&D, technical work and stakeholder engagement activities that promote compatibility of solar with the natural environment.
Rural electric co-ops receive $4.37 billion in clean energy funding
Funding from the U.S. Department of Agriculture’s Empowering Rural America Program is available to rural electric cooperatives in Arizona, Colorado, Florida, Georgia, Minnesota, Nebraska, and Texas.
DOE finalizes $1.45 billion loan guarantee for Qcells’ Georgia solar plant
Qcells aims to reestablish critical parts of the U.S. solar supply chain by manufacturing ingots, wafers, cells, and finished solar modules.
Sunrise brief: Antidumping investigation could more than double cost of U.S. EV battery, energy storage
Also on the rise: Perovskite-silicon solar cell achieves 28.6% efficiency, ready for mass production. Energy experts urge California Governor to reject anti-rooftop solar executive order. And more.
PG&E granted loan guarantee of $15 billion from DOE
PG&E believes that investing in infrastructure will help it supply the forecasted load growth, increase electric reliability and reduce costs for its consumers across California.
DOE conditional loan of $559.4 million for solar-plus-storage in Puerto Rico
The loan guarantee is intended to finance a Convergent Energy and Power solar system with integrated battery energy storage and three stand-alone energy storage projects across Puerto Rico.
Developers close $538 million for 1.2 GWh battery storage facility in Canada
The Hagersville Park financing qualifies as a green loan. Once commissioned, the project will be one of Canada’s largest battery energy storage (BESS) sites.
