Also on the rise: Lazard LCOE report sees “zero cost” solar and wind due to IRA. As California cuts solar compensation, batteries offer a solution. And more.
The funds, consisting of both company equity and infrastructure financing, will be used to scale Solarcycle’s solar panel recycling capacity and expand materials remanufacturing capabilities. Solarcycle also announced $1.5 million in new funding from the DOE.
The Southeast-focused solar developer is on track to cap a $1 billion full-year equity raise with a $225 million round over the next quarter.
Silicon Ranch, a major U.S. utility-scale solar developer with a 5 GW portfolio, entered an agreement to recycle its panels at the end of their useful life.
Also on the rise: The town of Christiana, population 1,235, is attempting to block construction of 300 MW Wisconsin solar farm. Empire State getting into solar development. US Department of Energy launches partnership to speed interconnection.
Renewable energy and circular economy investors include SolarCity founders, the former CEO/CTO of Sunpower, the Urban Innovation Fund, and Closed Loop Partners.
Startup Solarcycle is using second-life panels from Sunrun to develop new ways to test, reuse and upcycle the retired solar panels in Sunrun’s project portfolio.
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