A clunky tax credit system keeps vital incentives like the ITC and PTC from working the way Congress intended. Direct pay is the key to ensuring US projects have efficient access to low cost capital with greater certainty by providing cash incentives directly to clean energy projects and project sponsors.
Also on the rise: More minerals and metals will need to be produced for the clean energy transition, new reports say; and S-5! launches a solar project app.
Also on the rise: Stem and CleanCapital extend their business ties and eye C&I energy storage, Heliogen raises $108 million from industrial heavyweights for its CSP refinery, and Ameresco will deploy a solar array at Cannon AFB.
Also on the rise: 7x Energy sells a Texas solar project to a unit of a Korean power company, and it was eight years in the making, but a $740 million transmission upgrade in Southern California may now pave the way for gigawatts of new renewables and storage.
Also on the rise: CleanCapital inks a $300 million commitment from Manulife, Power Edison BESS to set sail, and Gen. Grant’s historic New York cottage gets a solar-plus-storage system.
CarVal and the New York-based company have acquired a 75 MW portfolio of solar plants in New Jersey, and followed this by closing on $300 million in debt.
Hello one and all and welcome to the Wednesday morning pvMB. Today we’ll be looking at Nautilus completing a NY community solar installation, SOMAH’s applicant acceptance process, Enphase donating inverters… and more!
Hello and thanks for spending your last day of January reading the pv magazine morning brief. Today we’ll take a gander at Atlas Renewable Energy’s deployment of NEXTrackers TrueCapture Control System in Latin America, APA Solar Racking launching the TITAN Series Racking System, Delta complying with rapid shutdown requirements using Tigo and all else that came across our desks in the world of solar.
The company says that the funding will enable it to acquire $1 billion in solar assets.
The two U.S.-based companies have announced a major partnership for the acquisition of $300 million in operating clean energy assets, with a focus on distributed solar projects in the near-term.
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