Two projects totaling 430 MW are expected to be supported by the funding. March 11, 2025 Renewable energy developer, owner and operator Arevon Energy announced it secured $509 million for its Kelso 1 & 2 solar projects under development in Scott County, Missouri. The two large utility-scale solar projects are expected to add 430 MW …
Arevon secures $509 million for two Missouri solar projects Read More »
Paul Mathews named as president and CEO of this struggling residential solar energy company, as it repositions to improve cash flow. March 10, 2025 One week ago Sunnova Energy, a residential solar-plus-storage installer, said its cash flow was not sufficient to meet obligations and fund operations, and it outlined steps it would take to try …
From ESS-news Battery energy storage system (BESS) projects under development in the United States by businesses owned by two of the world’s biggest asset management companies are nearing completion after the award of a supply deal and a finance package. The e-Storage division of Sino-Canadian business Canadian Solar will supply 370 of its SolBank 3.0 lithium ferro-phosphate (LFP) batteries …
Supply deal and finance for another 2.2 GWh of US batteries Read More »
With a perovskite layer 200 times thinner than silicon and requiring just 10% of the energy needed to produce conventional panels, Tandem PV reports it will be able to reduce energy use during manufacturing. March 5, 2025 Tandem PV, a specialist in perovskite solar technology, secured $50 million in Series-A funding and debt, which the …
Tandem PV moves toward perovskite manufacturing with $50 funding announcement Read More »
The thin-film PV manufacturer sold a record 14.1 GW of modules resulting in sales increasing year-on-year, yet the company faces global policy uncertainty going forward. February 26, 2025 First Solar, a U.S. manufacturer of thin-film solar modules, reported fourth quarter earnings, missing Wall Street expectations. But income is up and sales are forecast to be …
First Solar shares soar on release of Q4 and full-year 2024 earnings Read More »
It’s been a whirlwind first month of the Trump Administration. Solar and storage development have always required navigating multiple moving parts from interconnection and permitting to equipment procurement and construction timing. But even the most experienced solar industry professionals may find themselves overwhelmed by the sweeping policy changes that are characterizing the early weeks of …
Solid ground for uncertain times: Financing solutions for solar development Read More »
Generated from the manufacturer’s U.S. facilities, First Solar expects to receive gross cash proceeds of approximately $819 million upon the transaction’s completion. February 24, 2025 First Solar sold $857 million in Inflation Reduction Act (IRA) transferable tax credits generated from its U.S.-based manufacturing facilities. The sale of 45X advanced manufacturing production tax credits was executed …
First Solar cashes in on sale of Inflation Reduction Act tax credits Read More »
After acquiring the U.S. manufacturing assets of Trina Solar, Freyr Battery rebrands as T1 Energy and continues plans to produce both solar modules and cells in Texas. February 20, 2025 The company formerly known as Freyr Battery announced a rebrand with a new name and location. Now called T1 Energy, the company is now committed …
Freyr Battery rebrands as T1 Energy, relocates to Austin Read More »
The solar inverter and battery energy storage supplier reported heavy losses for the full year 2024 but beat revenue expectations for Q4, 2024. February 19, 2025 SolarEdge, a global provider of solar inverters, module-level power electronics, and battery energy storage, reported its Q4 and yearly earnings for 2024. The company delivered quarterly revenue of $196.2 …
SolarEdge stock rises over 20% on positive cash flow guidance Read More »
The World Resources Institute and the University of Chicago are creating new programs with the funding. February 18, 2025 Michael and Tanya Polsky have given the World Resources Institute (WRI) $75 million to “accelerate pragmatic, scalable solutions” for the global energy transition, and $25 million to the University of Chicago to “prepare the next generation …
Invenergy CEO and spouse give $100 million to advance the energy transition Read More »
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