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Convergent Energy and Power

Maryland’s energy storage efforts pay off in rural towns’ power crisis

Weeks after its installation, the battery energy storage system restored power to a rural part of Maryland prone to power outages.

Energy Department closes $1.2 billion in loans to Puerto Rico power producers

Loan guarantees by Loan Programs Office intend to finance grid enhancement to build resilience and expand access to affordable electricity for the people of Puerto Rico.

Sunrise brief: Antidumping investigation could more than double cost of U.S. EV battery, energy storage

Also on the rise: Perovskite-silicon solar cell achieves 28.6% efficiency, ready for mass production. Energy experts urge California Governor to reject anti-rooftop solar executive order. And more.

DOE conditional loan of $559.4 million for solar-plus-storage in Puerto Rico

The loan guarantee is intended to finance a Convergent Energy and Power solar system with integrated battery energy storage and three stand-alone energy storage projects across Puerto Rico.

Sunrise brief: Solar trade headwinds

Also on the rise: Solar energy needs to be a bipartisan issue, U.S. adds 3.8 GW of storage in Q3, solar manufacturing slows in bid to balance supply and demand, and more.

Sunrise brief: U.S. doubles solar polysilicon and wafer tariffs on China

Also on the rise: Flexible interconnection can generate 176% more revenue for community solar. The solar industry’s top 10 priorities for Trump. And more.

Distributed energy storage provider closes $150 million in financing

Mitsubishi UFJ Financial Group provided the funding to help Convergent Energy and Power advance its energy storage and solar portfolio in North America.

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