Sunrise brief: U.S. government doubles tariff rates on PV cell imports from China to 50%
Also on the rise: Midea unveils outdoor residential heat pump. Catalyze secures $100 million to support 79 MW New York solar portfolio. And more.
Catalyze secures $100 million to support 79 MW New York solar portfolio
The funding comes from NY Green Bank, which is requiring that a significant percentage of solar project subscribers benefit disadvantaged communities.
NYC area energy storage developer nets $225 million investment
Following the investment round from Manulife Investment Management, NineDot Energy has now secured a capital base of $400 million.
Rooftop community solar projects a key IRA thrust
At the ACORE Finance Forum, investors said a key challenge that statewide community solar programs do not yet address is how to unlock the opportunity of hundreds of thousands of building rooftops for solar development and bringing access to residents who rent their apartment.
Distributed generation finance platform raises $25 million
Banyan Infrastructure is raising a $25 million Series B equity round from Energize Ventures, SE Ventures and Elemental Excelerator to digitize the manual process of procuring project finance between banks, investors and project developers.
OYA Solar closes on tax equity financing for four New York community solar projects
Three of the four projects financed under this agreement are already completed and in service, with the fourth expected to join by the end of Q1 2022.
Sunrise brief: Big financial win means more clean energy investments from NY Green Bank
Also on the rise: Getting to net-zero carbon by 2050 will be a steep climb, report says; Walmart signs on as anchor for community solar; and BlueWave aims to develop floatovoltaic projects.
NY Green Bank attracts $314m investment from Bank of America
The backing will allow the bank to reinvest capital into new projects at a faster rate by making the additional financing available to more projects.
Non-profits get creative to expand the benefits of solar to low- and moderate-income people
Two recent initiatives in Massachusetts and New York offer examples of how non-profit and community organizations are working to extend solar’s benefits.
NY Green Bank wants $1 billion to expand financing for clean energy
New York Governor Andrew Cuomo hopes to spur private-sector investment in the organization.
