Finance

Brookfield Asset Management and Antin Infrastructure partners made commitments that could exceed $1 billion in aggregate. January 15, 2025 Miami-headquartered Origis Energy announced it has a new investor, Brookfield Asset Management. Along with majority owner Antin Infrastructure Partners, a utility-scale solar developer, said the two investment groups have agreed to strategic investments of over $1 …

Utility-scale solar developer Origis Energy secures $1 billion investment Read More »

The Michigan-based manufacturer supplies solar-grade polysilicon used in the manufacturing of mono-crystalline ingots and wafers used in solar cells. January 9, 2025 The U.S. Department of Commerce awarded Hemlock Semiconductor (HSC) up to $325 million in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities (CHIPS and Science Act). Hemlock Semiconductor …

Hemlock Semiconductor receives $325 million U.S. government funding for polysilicon production Read More »

The Department of Energy Loans Programs Office has approved a loan to Arizona Public Service (APS) to construct new electricity generation, storage and transmission assets. January 8, 2025 The U.S. Department of Energy Loans Programs Office (LPO) made a conditional commitment for loan guarantees of up to $1.81 billion for Arizona Public Service (APS). APS …

DOE loans $1.8 billion to Arizona utility for solar, storage, transmission Read More »

A new ACORE report says corporate use of power purchase agreements remain integral to getting large solar projects off the ground. January 8, 2025 Corporate use of power purchase agreements (PPAs) is more important than ever, says a report by the American Council on Renewable Energy (ACORE). “Clean energy is advancing at its fastest pace …

Despite wind and solar’s low costs, PPAs remain vital Read More »

SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Recent safe harbor agreements and 45X credit sales may help the company on its path to recovery. January 6, 2025 SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Last …

SolarEdge stock jumps as the company announces more layoffs Read More »

The U.S. Department of Energy (DOE) Solar Energy Technologies Office announced the Solar with Wildlife and Ecosystem Benefits 2 (SolWEB2) notice of funding opportunity, which will award up to $11 million to improve the compatibility of large-scale solar (LSS) facilities with wildlife and agriculture. The funding intends to support research and development, technical assistance, and stakeholder …

$11 million funding opportunity for solar that benefits wildlife and agriculture Read More »

The U.S. Department of Energy (DOE) Solar Energy Technologies Office announced the Solar with Wildlife and Ecosystem Benefits 2 (SolWEB2) notice of funding opportunity, which will award up to $11 million to improve the compatibility of large-scale solar (LSS) facilities with wildlife and agriculture. The funding intends to support research and development, technical assistance, and stakeholder …

$100 million funding opportunity for solar that benefits wildlife and agriculture Read More »

Qcells aims to reestablish critical parts of the U.S. solar supply chain by manufacturing ingots, wafers, cells, and finished solar modules. December 20, 2024 The Department of Energy’s (DOE) Loan Programs Office (LPO) announced the closing of a $1.45 billion loan guarantee to Hanwha Qcells. Aiming to reestablish critical parts of the U.S. solar supply …

DOE finalizes $1.45 billion loan guarantee for Qcells’ Georgia solar plant Read More »

PG&E believes that investing in infrastructure will help it supply the forecasted load growth, increase electric reliability and reduce costs for its consumers across California. December 19, 2024 The Department of Energy’s Loan Programs Office (LPO) announced a conditional commitment for a loan guarantee of up to $15 billion to Pacific Gas & Electric Company …

PG&E granted loan guarantee of $15 billion from DOE Read More »

From ESS News Boralex, a renewable energy company based in Québec, Canada, has successfully closed $538 million financing for a 300 MW/ 1,200 MWh BESS project, the Hagersville Park. Located in Haldimand County, Ontario, it will be the largest BESS project to date in Canada once it reaches the commissioning stage. Hagersville’s financing is comprised …

Developers close $538 million for 1.2 GWh battery storage facility in Canada Read More »