CIT Group arranges finance for Texas solar project
The 260 MWdc Brazoria West Solar Project is under construction, with commercial operation planned for 2022.
Canadian Solar raises $150 million to fund possible acquisitions
The company said it will use the proceeds for its long-term strategic growth plans, including investing in its battery storage business and growing its storage pipeline.
ITC says that Section 201 tariffs should be extended
The issue now moves to President Joe Biden who will decide whether or not to extend the tariffs beyond their February 2022 expiration.
People on the Move: Delta Solar, Convergent Energy, Volt Energy Utility, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Sunrise brief: Investors are targeting renewables–and hydrogen–like never before
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
Energy storage firm Broad Reach gets a $400 million equity infusion
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
Utilities seek OK from West Virginia regulators for five solar projects
A 2020 bill authorizes electric utilities to own and operate up to 200 MW of renewable energy facilities.
CSI Solar to cooperate with CATL on battery energy storage
CSI’s parent Canadian Solar said it has a global battery storage pipeline of 21 GWh, including 2.9 GWh under construction.
Utilities and financial investors are investing in renewables, especially hydrogen, like never before
A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.
Sunrise brief: Florida bill targets solar net metering
Also on the rise: Ohio regulators OK another 600 MW of solar, and a megawatt-scale bifacial solar project enters service near the Arctic Circle.
