Day: January 21, 2025

For marginalized communities in Chicago, partnership brings solar opportunity

The pre-apprenticeship program targets residents in areas that have historically been excluded from economic opportunities or have been subject to disproportionate burdens of pollution. January 21, 2025 Marginalized communities and residents in Illinois are being offered a new pre-apprenticeship program that aims to address workforce gaps in the clean energy and construction industries. The partnership …

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QuickBOLT debuts roof penetration repair kit QuickPATCH

QuickBOLT, a solar mounting and roofing solutions provider, is launching QuickPATCH, a patent-pending product designed to address one of the most persistent challenges in the solar and roofing industries: roof holes caused by missed rafters, safety anchors, weather, age or other system installations. Credit: QuickBOLT The QuickPATCH is a 4- by 5-in. galvanized steel patch …

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U.S. corporate funding for solar energy falls 24% in 2024

Solar venture capital, mergers and acquisitions, and debt financing funding totaled $26.3 billion in 2024, according to report from Mercom Capital. January 21, 2025 Corporate funding for solar, including venture capital (VC) funding, public market and debt financing into the solar sector, decreased 24% year-over-year in the United States in 2024, said a report from …

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Trump orders pause to IRA funding

An executive order released by the White House states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022”. January 21, 2025 The White House has issued an executive order titled “Unleashing American Energy,” which includes a directive to halt funding from the Inflation Reduction Act (IRA). Section …

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Exus secures $312 million for solar-plus-storage project in New Mexico

Energy from the project will be purchased by Public Service Company of New Mexico to support a Meta data center in New Mexico. January 21, 2025 Exus Renewables North America, an independent developer and operator of utility-scale renewable energy projects, secured $312 million in financing for its TAG project, a 140 MW solar and 50 MW / …

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First Solar and Terrasmart partner to provide domestic solar panel and racking package

Turnkey solar racking provider Terrasmart has integrated both its fixed-tilt racks and its TerraTrak 1P Single Axis Tracker (SAT) with First Solar’s Series 7 TR1 module. Credit: Terrasmart Combined with a portfolio of ground screws, driven piles and ballasted foundations, the Terrasmart and First Solar partnership can provide a domestically produced ground-mount offering for the …

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Palmetto secures $1.2 billion for residential solar financing

The capital is expected to support 2024 and 2025 Palmetto LightReach residential solar contracts. January 21, 2025 Palmetto announced it has secured $1.2 billion in investments to support its LightReach business, a residential solar lease and power purchase agreement platform. Investors included Morgan Stanley, Truist Bank and other prominent financial institutions. Under the LightReach program, …

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