Texas storage project secures $183 million in financing and tax equity
The 200 MWh Fort Duncan energy storage project currently under construction is expected to be operational by summer 2025 in ERCOT territory.
Canadian Solar drops 15% post Q2 earnings report
The solar company logged $1.64 billion in revenue, down from $2.36 billion in the previous year’s Q2.
Recurrent Energy transfers $103 million in tax credits for Oklahoma project
The owner and operator of the 160 MW North Fork Solar project signed the tax credit facilitation agreement with Bank of America.
Sunrise brief: Nextracker acquires solar foundation specialist Ojjo for $119 million
Also on the rise: Arizona’s largest energy storage project closes $513 million in financing. Aiko presents ABC solar module with world record efficiency of 25.2% at Intersolar. And more.
Arizona’s largest energy storage project closes $513 million in financing
The 1,200 MWh Papago Storage project will dispatch enough power to serve 244,000 homes for four hours a day with the e-Storage SolBank high-cycle lithium-ferro-phosphate battery energy storage solution.
Sunrise brief: Enphase Q4 revenues drop 35% in U.S. and 70% in Europe
Also on the rise: Recurrent Energy secures $160 million for Louisiana solar project. Solar corporate funding rises 42% globally in 2023. And more.
Recurrent Energy secures $160 million for Louisiana solar project
Microsoft will be the sole offtaker of energy produced by the 98 MW Bayou Galion Solar project, supporting its goal to be carbon negative by 2030.
Sunrise brief: California unlikely to reach clean energy targets without rooftop solar
Also on the rise: Solar and storage accounts for one-third of transferable tax credit market in 2023. Zero-emissions mobile off-grid EV charging trailer. And more.
Recurrent Energy secures $500 million equity investment to further solar development
The BlackRock investment will help Recurrent transition from a pure developer to a developer plus long-term owner and operator in select markets in the U.S. and Europe.
Roadrunner Reserve energy storage system to be one of largest in Arizona
Canadian Solar’s e-Storage has entered the supply and integration contract for 1 GWh DC of energy storage solutions for DEPCOM Power and TEP.
