The company is partnering with three minority- and women-owned firms as lead underwriters for this green bond, its fourth since 2019.
The procurement will help SB Energy to meet the demands of the company’s 4GW solar and storage development pipeline in the US.
Also on the rise: DOE program creates pathways for organizations to reduce carbon. Our Next Energy said it will use the funding led by BMW to accelerate R&D and build a US EV battery manufacturing facility. Gridpoint closes $75 million in funding. EnergyBin and Good Sun team up to give solar modules a second life in underserved communities. Solaria extends PowerXT 400 Series Premium solar panel warranty to 30 years. Erthos–earth-mounted solar provider earns funding.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The company will use the funding to develop and optimize its technology platform that makes buildings smarter and more sustainable through data analytics, intelligent automation, and machine learning.
Michigan’s Our Next Energy (ONE) said it will use the funding led by BMW to accelerate R&D and build a US manufacturing facility.
Under the partnership, EnergyBin will use its exclusive member network to pull together solar equipment, monetary donations, and other resources, while Good Sun uses that equipment to bring solar to underserved communities.
DOE’s Better Climate Challenge calls on organizations to share details on how they are reducing carbon emissions, thus creating a pathway for others to follow.
Erthos secured a $17.5 million Series B from an investor who participated in the startup of Tesla and SpaceX. The utility-scale solar company has a 2.5GW project pipeline.
The warranty covers linear power, labor and workmanship.
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