Mitsubishi UFJ Financial Group provided the funding to help Convergent Energy and Power advance its energy storage and solar portfolio in North America.
A report by the Solar and Storage Industries Institute shows that flexible interconnection, which adjusts solar output based on grid conditions, can offer significant economic benefit to community solar developers.
Aypa Power has secured $398 million for its 250 MW/1 GWh Pediment battery energy storage system (BESS) and the first phase of Arevon’s 758 MWdc solar and 300 MW/1.2 GWh Tesla Megapack BESS project is operational.
ComEd wants to explore the benefits of using a grid-connected battery energy storage system (BESS) in tandem with a small community solar project. The utility will pair a BESS with a solar deployment owned by an Illinois brewery as part of a government supported pilot.
Section 301 tariffs on imported solar polysilicon and wafers were increased to 50%.
Also on the rise: The future of U.S. solar in five charts. Commercial and industrial rooftop solar business secures $847 million. And more.
Raptor Maps secured the Series C funding, and plans to use it to accelerate product development, including enhancements in solar automation, work management, and machine-learning insights.
Solar Landscape has secured $847 million in new funding in 2024, paving the way for more than 200 commercial rooftop solar installations.
Kicking the deadline further down the road may put the state in peril of losing the funds, as the EPA, which runs the Solar For All program, requires all awards to begin to be deployed within the first year of grant being effective.
Forecasts from the U.S. Solar Energy Industries Association (SEIA) show sustained growth through 2030.
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