On June 30, the Arizona-based producer of U.S.-made solar panels arranged a new $1 billion credit facility that includes a sub-limit of $250 million of available letters of credit from eleven financial institutions.
The companies received a Small Business Innovation Research (SBIR) program Phase I award from the Air Force to develop a solar-heated crucible.
Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
The $49 million, 30 MW project will help Toyota on its path toward carbon neutrality by 2035.
The non-profit green bank has sourced credit to clientele of which 74% are low-to-moderate income homeowners.
The Southeast-focused solar developer is on track to cap a $1 billion full-year equity raise with a $225 million round over the next quarter.
Rust Belt states of the Midwest have estimated production capacity of 30 GW to over 100 GW per year of EV batteries, with California and Ontario adding capacity as well.
With the new appointments, Biden appointees constitute the majority of the TVA board of directors. Key decisions on TVA’s generating mix are in the works.
The Southern Environmental Law Center shares its review of policies slowing down or speeding up the adoption of solar in the South.
Also on the rise: Industry reponds to California cutting rooftop solar net metering. Growatt releases new battery for rooftop solar applications. And more.
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