Following a $16.5 million investment, the company is looking to grow its team and product quickly, in what CEO and Founder, Richard Keiser, sees as an inevitably consolidating market.
Also on the rise: DNV aims to achieve FPV-specific reference standards for floating solar PV. UGE develops community solar project on Maine landfill. DOE seeks input on $508 million long-duration energy storage initiative. BlueWave acquired by infrastructure investment firm, Axium. CommonBond banks on residential solar financing success.
The project is part of a larger 38 MW portfolio the company is developing across the state.
Axium’s first renewable energy development company acquisition will provide BlueWave with the capital to evolve its business model to develop and construct, as well as own and manage the projects within its development portfolio.
Also on the rise: Common Energy raises $16.5 million to expand community solar access nationwide. Scientists, industry players reveal plans for new LETID testing standard. OMCO Solar shores up manufacturing with $5 million investment. First Resilient Service Station microgrid project completed in Massachusetts. olar Alliance to design and build 500 kW solar project in Kentucky. Emissions-free battery recycling facility will use electricity rather than smelting.
The investment, provided by S2G Ventures will help the company expand consumer access to local, community solar projects across the country, as the US looks to achieve DOE’s goal of expanding installed solar capacity to 20 GW by 2025.
Also on the rise: Western and Southeastern utilities’ progress in advancing 194 GW of solar projects is a mystery. Michigan utility seeks land siting utility scale solar. Approximately 858 GWdc of solar and over 1 TWh of batteries are in development. Summit Ridge energizes Montgomery County’s first ground-mount community solar project. PG&E $11 million pilot programs to accelerate vehicle-to-everything technologies. 50 states of solar incentives: Rhode Island.
The 2.5 MW installation will help the city towards its goal of eliminating greenhouse emissions in its operations by 2035.
WeSolar and the University of Maryland Medical System partner to develop 8 MW community solar installation
Assembly Bill 2316 would create a community solar program that leverages distributed solar and storage aggregation and extend benefits to Californians who have not yet been able to directly take advantage of the clean energy transition.
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