Markets & Policy

Job moves in solar, storage, cleantech, utilities, and energy transition finance.

Also on the rise: Canadian Solar reports strong quarterly results. Virtual power plant provider raises $120 million. And more.

Puerto Rico’s power grid requires more than $130 billion in repairs after recent hurricanes. Solar and storage companies have provided distributed energy solutions in the aftermath of increasing storms.

The AEP subsidiary awaits approval to add the $2.47 billion project portfolio.

The funding will support existing VPP development and the deployment of an additional 200 MWh of contracted capacity.

Subsidiary CSI Solar, which produces about 10 bifacial and mono solar module models, remains on track to list on the Shanghai Stock Exchange in early 2023.

Also on the rise: Michigan’s regulator appears friendlier to solar. Canadian Solar’s battery business inks a large supply agreement for a global investor. And more.

The state’s Commission was not convinced by DTE Energy’s argument that distributed energy causes a cost shift, and that the utility improperly modeled the benefits of distributed generation.

The University of Connecticut’s Eversource Energy Center will develop technologies to shorten power outages.

The listed EV company expanded its partnership with Continental to provide driver assistance, smart key and passive key access, and crash sensors.