Finance

The Florida-based installer of SunPower and Tesla Powerwall systems announced its intent to combine with ESGEN Acquisition Corp., a special purpose acquisition company backed by Energy Spectrum Partners, in a transaction that would result in the combined company becoming a Nasdaq-listed company later this year. April 20, 2023 Sunergy Renewables, a New Port Richey, Florida-based residential …

Sunergy to go public in $475 million valuation SPAC merger Read More »

NEXT Energy Technologies received a grant from the California Energy Commission for its organic photovoltaic coating for commercial windows. April 14, 2023 The California Energy Commission (CEC) awarded Realizing Accelerated Manufacturing Production for Clean Energy Technologies (RAMP) of $3 million to NEXT Energy Technologies. The RAMP grant is expected to help NEXT accelerate the production …

California grants $3 million for solar photovoltaic window coating production Read More »

The capital raise is expected to support SunPower’s residential solar and storage loan program. April 13, 2023 SunPower, a residential solar technology and energy services provider, announced it has secured $450 million in new financing commitments. The funds are expected to help the company meet rising demand for its solar and storage loan program. The …

SunPower secures $450 million to support loan business Read More »

Anovion Technologies, a synthetic graphite materials company, appointed Dr. Vikram Rao as chief technology officer and to the company’s advisory board. Dr. Rao remains an executive director at the Research Triangle Energy Consortium (RTEC), which he has led since retiring as its chief technology officer after a 34 year-career at Halliburton, an oilfield services technology company.   …

People on the move: Anovion, OIC, Thornova and more Read More »

pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported fourth quarter or fiscal year earnings over the last week. March 31, 2023 pv magazine USA recaps the top earnings reports and conference calls for public companies that supply solar modules, silicon wafer materials, inverters, hardware and energy storage systems to …

Weekly Solar Earnings Recap: Array, Pineapple Energy and SMA Solar Read More »

Sunnova, a publicly traded energy-as-a-service and residential solar provider, is looking to advance its buildout of virtual power plants (VPP) through a $3.3 billion loan from the Department of Energy (DOE). The company made an 8-K filing with the Securities and Exchange Commission outlining the purpose of the loan, which would be made available through …

Sunnova files for $3.3 billion Department of Energy loan Read More »

Energy justice and promoting the development of low-to-moderate (LMI) income solar projects were common community solar themes at the Solar Energy Industries Association’s (SEIA) Finance, Tax and Buyers Seminar this week in New York. During a panel titled, “How to Create Successful Community Solar and LMI Projects,” panelists from community and residential development companies said …

Creating success and energy justice in community solar markets Read More »

The advocacy group NextGen Highways has found that Minnesota voters favor using highways for transmission. With funding from Breakthrough Energy, an initiative of philanthropist Bill Gates, the group plans to launch state and national advocacy coalitions. March 22, 2023 A survey by NextGen Highways has found that 79% of Minnesota voters support siting new transmission …

Bill Gates funds advocacy for siting new transmission along highways Read More »

$300 million in financing will help enable access to zero-up-front-cost, clean energy systems for California homeowners. March 17, 2023 Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, has entered into a multi-year agreement with a U.S.-based clean-energy company that designs, proposes and finances solar-plus-storage projects nationwide. The financing, …

Electriq Power secures financing to support Sustainable Community Networks in California Read More »

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Sunrise brief: Solar grazing methods and more at Solar Farm Summit Read More »