Finance

The National Renewable Energy’s Lab’s Community Microgrid Assistance Partnership is focused on microgrid energy systems serving the needs of underserved and Indigenous communities. December 5, 2024 The Department of Energy (DOE) launched the Community Microgrid Assistance Partnership (C-MAP) in October to bring renewable energy to remote, underserved areas of the U.S.  C-MAP opened a funding …

RFP alert: Funding opportunity for microgrids in remote areas of U.S. Read More »

The latest list sees India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy maintain the top three positions and Kyocera entering the top ten, up from thirteenths spot. December 3, 2024 From pv magazine Global Sinovoltaics, a Hong Kong-based technical compliance and quality assurance service firm, has released the fourth free-to-download edition of its PV Module …

Sinovoltaics updates PV module manufacturer financial stability ranking Read More »

Catalina Energy Capital reports it has three significant solar and battery energy storage infrastructure deals complete and is on track to advise on over 4 GW of solar and storage assets by the end of this year. December 2, 2024 Catalina Energy Capital is a renewable energy investment bank with a mission to accelerate the …

The launch of a new renewable energy investment bank Read More »

The conditional loan guarantee will help deploy up to 1,000 solar and battery energy storage systems in a virtual power plant that spans as many as 27 states. November 26, 2024 The Department of Energy Loan Program Office (LPO) announced a conditional commitment of up to $289.7 million to Sunwealth to help finance Project Polo. …

Energy Department announces $289.7 million loan guarantee for widespread VPPs Read More »

Funding for solar manufacturing, project development, and more continues to roll in, as evidenced by three hundred-million-plus deals struck this week. November 25, 2024 Investor interest in solar energy in the United States is thriving. While higher borrowing costs have challenged the industry’s growth in recent years, the trend is clear: solar is growing. This …

Solar financing is alive and well Read More »

Silfab Solar Inc. has closed on $100 million of new financing to scale its state-of-the-art solar cell manufacturing plant in Fort Mill, South Carolina. Silfab, a Canadian-headquartered company, announced its intention to produce 1 GW of cells and to add 1.3 GW of module capacity at the facility, which the company said will begin operations …

Silfab secures $100 million to manufacture solar cells in U.S. Read More »

Production of “green hydrogen” using renewables economically is a key focus. November 19, 2024 With hydrogen increasingly eyed as a promising alternative fuel for the transportation and energy sectors, vastly more hydrogen will be needed and processes for producing it cleanly will become more important. Methods for producing hydrogen are color coded for how free …

Hydrogen demand attracting investment, new technology and larger projects Read More »

Sunrise brief: California cuts interconnection costs for distributed solar developers that agree to export limits Also on the rise: NABCEP conference 2024 shining bright in Raleigh. KKR and EIG invest more than $1 billion in equity …

NeoVolta announced it has completed phase one of its application for a $250 million loan from the U.S. Department of Energy (DOE) Title 17 Loan Program Office (LPO). The company has been approved by DOE LPO for its phase one application and will now move to the phase two technical due diligence stage. The company …

Energy storage manufacturer NeoVolta phase one approved for $250 million DOE loan Read More »

The company posted a loss of $0.10 per share, narrowly missing Wall Street estimates. November 12, 2024 FTC Solar, a global provider of solar tracker systems, technology, software, and engineering services, announced its Q3 2024 earnings. The company posted a loss of $0.10 per share, coming it slightly worse than the expected loss of $0.09 …

Utility-scale solar tracker provider FTC Solar posts loss in Q3 earnings Read More »