Finance

Global clean energy investment surpassed $2 trillion in 2024

Investment was more than double of 2020 totals, said a report from BloombergNEF. The U.S. led in Energy transition debt issuances, which grew its investments 5% year-over-year to $206 billion. January 30, 2025 A report on energy transition investments from BloombergNEF showed that global investment in clean energy technologies hit a record of $2.1 trillion …

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Meteomatics secures $22 million to help businesses navigate extreme weather impacts

Meteomatics will use the funding to help meet the growing demand for insights into hyperlocal extreme weather events. January 30, 2025 Meteomatics, a Swiss weather intelligence company that forecasts the weather’s impact on some of the world’s leading businesses, closed a $22 million Series-C funding round, which was led by Armira Growth. Meteomatics said it …

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Nextracker delivers strong earnings beat amid market uncertainty

The solar tracker provider delivered $679 million in gross profits in its fiscal yYear 2025 Q3 earnings report. January 29, 2025 Nextracker, a manufacturer of utility-scale solar tracker mounts, reported its fiscal year 2025 Q3 earnings, beating Wall Street expectations amid market uncertainty industry wide. Share prices are up as much as 25% in the …

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Agrivoltaics business model analysis shows 16% to 43% return on investment

An analysis of sheep-raising and grazing costs indicates that breeding flocks yield higher overall profits, while purchasing and reselling a new flock each year may result in a higher return on investment due to reduced off-season upkeep costs. January 29, 2025 Agrivoltaic business models for raising and grazing sheep suggest returns on investment ranging from …

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Loan guarantee of $1.7 billion to help U.S. producer scale clean hydrogen

Plug Power seeks to scale up production, liquification and storage for fuel cell vehicles in transportation and logistics. January 24, 2025 New York-based hydrogen producer Plug Power Inc. recently secured a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office, one of the last loans to close before the change …

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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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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 …

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

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

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 …

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