Solar highlights in the Senate’s $3.5 trillion budget proposal
The budget bill aims to fight climate change with investments in clean electricity and home electrification, to be funded by higher taxes on corporations.
Summit Ridge Energy to develop 2.7 MW of rooftop solar in Maryland
The projects are the first foray into community solar for property owner BentallGreenOak.
Madison Energy commits $50 million for C&I solar in Connecticut
The offering follows a decision by the Connecticut Public Utilities Regulatory Authority to establish a new solar energy incentive program.
NextEra will build a solar + storage project with Salt River Project as offtaker
Construction work could begin this fall and the capital investment is pegged at $600 million. Around 17 full-time jobs will be created once the array enters service.
People on the Move: Sunrun, Vision Solar, Romeo Power, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Sunrise brief: Bill Gates-backed battery startup secures $144m in funding
Also on the rise: LS Power launches Rev Renewables, El Paso Electric issues an RFP for renewables, and Biden’s infrastructure agenda clears one big hurdle but faces still more.
LS Power launches Rev Renewables business unit
Rev will take over LS Power’s 2.4 GW portfolio of operating solar, storage, and wind projects.
RFP alert: El Paso Electric will add capacity to meet state RPS goals by 2025
The RPS requires the utility to meet 40% of its New Mexico sales with renewable energy resources beginning in 2025.
Ambri secures $144 million for liquid metal battery commercialization
The company plans to commercialize its calcium-antimony liquid metal battery chemistry and open manufacturing facilities to deliver projects in 2023 and beyond.
Senate passes Biden’s infrastructure bill, but success in the House remains uncertain
The legislation would be the largest federal investment in infrastructure projects in more than a decade, and won the support of 19 Republicans. The Democrat-controlled House may not be as amenable.
