California

Also on the rise: Sunnova to deploy solar and storage virtual power plant in Texas. Bipartisan Michigan bill would unlock community solar market. And more.

NEM 3.0 takes effect on April 15. For customers who don’t qualify, or don’t get an application submitted in time, developers need to be ready to implement more solar and storage projects down the line.

Arvato Supply Chain Solutions is sourcing solar and wind energy in different ways depending on the region, including through a community choice aggregator.

Banyan Infrastructure is raising a $25 million Series B equity round from Energize Ventures, SE Ventures and Elemental Excelerator to digitize the manual process of procuring project finance between banks, investors and project developers.

Honda has revealed that it is testing a pilot stationary fuel cell stationary power system in California.

Once considered a low-cost investment, the price to build solar assets has increased considerably. To combat rising costs due to inflation, kWh Analytics partnered with project developer Pivot Energy to provide Solar Revenue Put production insurance across the developer’s multiple distributed solar projects totaling 70 MW in six U.S. states.

Also on the rise: Solar field robot mower receives SOLV Energy seed funds. Louisiana utility seeks approval for 225 MW solar project. And more.

The California and New York portfolio is financed by Fund 8, Renewable Properties’ fourth tax equity fund partnership with Nelnet, a corporate tax equity partner that also has a solar engineering, procurement, and construction and operation and maintenance business.

Also on the rise: Solar tower of power goes vertical. Important code requirements and recent developments for PV systems. And more.

Startup company Smartville received $5.9 million from the Department of Energy to scale its second-life battery program.