Energy experts urge California Governor to reject anti-rooftop solar executive order
A letter to California Governor Gavin Newsom addresses the state’s electricity affordability crisis – and a misconception that rooftop solar is to blame for the high costs.
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.
IEA-PVPS calls for harmonized testing, certification for building-integrated photovoltaics
The latest report from the International Energy Agency’s (IEA) Photovoltaic Power Systems Programme (PVPS) says the building-integrated photovoltaics (BIPV) industry is facing significant challenges due to a lack of clear testing and certification procedures. It says international consensus and the harmonization of certification processes will be crucial for widespread adoption of the technology.
Sunrise brief Walmart, Nexamp to bring 31 community solar projects to five U.S. states
Also on the rise: Massachusetts city sources solar power from Illinois, Stationary storage installations surge to 170 GWh in 2024, and more.
Massachusetts city sources solar power from Illinois
The electrons won’t be delivered across state lines, but the City of Cambridge will match its electricity use with a virtual power purchase agreement from a solar project in Champaign County, Illinois.
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.
People on the move: Arevon Energy, GS Power Partners and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Utilities and agencies must come together to build a more reliable, weather-resistant grid
As the heavy majority of the U.S. energy grid approaches the end of its lifecycle, the time is now for a public-private task force to develop a comprehensive strategy to harden the grid and enable technologies that maximize the benefit of targeted investment in the most vulnerable areas.
$10 billion in government loans announced for EV companies
The DOE announced a $1.25 billion loan for EVgo to build fast chargers, along with $9.6 billion for Ford and battery manufacturer SK to construct three battery factories.
Basel III Endgame shouldn’t dim the future of renewable energy financing
Tax equity investors can continue providing benefits to developers while simultaneously reducing their risk in the event Basel III Endgame is implemented in its current form.
