Sunrise brief: Renewable energy consumption grew in 2020 as fossil fuels and nuclear shrank
Also on the rise: Black & Veatch unit sets financing for 137 MW Texas project, Rockefeller Foundation partners to fund distributed renewable projects in Africa, and DroneBase closes a funding round as it expands its solar presence.
Tax equity stress isn’t going away, yet renewable projects still need investment
Renewable project finance has to become more dynamic and greater risks will have to be taken in order to meet clean economy mandates, a panel of experts said during an ACORE event.
ACORE insight: The federal agenda for energy and climate
As part of ACORE’s Finance Forums, experts on federal energy policy outlined what policies are needed to help drive the Biden Administration’s clean energy and climate change policies.
Sunrise brief: U.S. solar industry passes 100 GW of installed capacity, SEIA report says
Also on the rise: Stem and CleanCapital extend their business ties and eye C&I energy storage, Heliogen raises $108 million from industrial heavyweights for its CSP refinery, and Ameresco will deploy a solar array at Cannon AFB.
Supply chain constraints are starting to hit the solar industry, SEIA says
A Q1 market report said the biggest impact has been on utility-scale projects, with some developers trying to rework PPAs. It warned that “compounding cost increases across all materials are just beginning to affect installers.”
CI Renewables acquires KDC Solar
CI will continue continue KDC Solar’s operations, with the specific focus of providing clean energy solutions for companies and institutions with electric loads greater than 2 MW.
How utilities can catch up to a digitized, decarbonized future
The utility industry is unprepared for the clean energy and technology future that it will soon be facing. EY has surveyed 159 power and utilities executives to identify and tackle what they see as their biggest challenges.
Hacker group REvil claims responsibility for Invenergy data breach
The group says it downloaded 4 terabytes of “sensitive” project information including contracts and NDAs.
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Sunrise brief: Polysilicon prices likely have peaked, Canadian Solar execs say
Also on the rise: Stem provides smart energy storage services to a Bay State project, solar leads in global power generation investment, and Agilitas Energy expands its storage footprint.
