The company has also completed its first utility-scale installation, as well as invested millions into community solar projects.
Also on the rise: A community-based canopy solar project is under way in New Jersey, Mosaic securitizes a bundle of solar loans and Strata Solar rebrands as it looks to other cleantech offerings.
Check out this week’s list of some of the newest announcements related to clean energy products.
It’s been a busy two months since Joe Biden became president. Here are highlights of key initiatives on the energy and cleantech fronts.
Working with local horse breeders, Inovateus will lease 10 horses with 10 custom flat-bed horse carriages for its sales team and solar project managers.
Also on the rise: SaskPower will build a battery energy storage system, Energize Ventures and CDPQ will invest $125 million in energy transformation tech, and Loanpal securitizes $421 million of residential solar loans.
The $2 trillion package includes a proposed 10-year extension of the ITC and PTC and calls for further incentives to add transmission capacity. Most solar advocates liked it, but one nonprofit panned it as being too industry-friendly.
Tax credits are great, but many individuals and businesses don’t pay enough in taxes to make them work. Why not create a paradigm shift in how credits are distributed?
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Also on the rise: Concentric Power builds a microgrid, research pegs smoke’s impact on 2020 solar output, SolRiver buys a Carolinas development portfolio, jobs growth could signal good times for solar installations, and Plug Power plans another green hydrogen plant.
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