Residential solar customers typically purchase their project via a loan, cash, or a third-party owned contract like a lease or power purchase agreement (PPA). Marketplace operator EnergySage shared data through the first half of 2024 on trends in residential solar loan packages. As of the end of 2023, WoodMackenzie reported that 57% of residential solar …
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Sunrise brief: Residential solar installer Lumio files for bankruptcy Read More »
The U.S. Department of Energy will provide $125 million in funding for two Energy Innovation Hub teams to accelerate energy storage technologies. The research focus will be energy storage for both transport and stationary storage applications. September 4, 2024 The two Energy Innovation Hub teams now receiving funding will be made up of scientists from …
U.S. DOE announces $125 million to fund two Energy Innovation Hubs Read More »
The 140 MW solar and 472 MWh storage project is expected to generate enough electricity to power 63,000 homes. August 27, 2024 Clearway Energy Group closed $550 million in construction financing and started construction on its Rosamond South I solar and storage project in Kern County, California. The project is expected to become operational in …
Clearway closes $550 million financing for solar-plus-storage project in Kern County Read More »
The solar company logged $1.64 billion in revenue, down from $2.36 billion in the previous year’s Q2. August 22, 2024 Canadian Solar (Nasdaq: CSIQ), a global provider of solar modules, energy storage, and other clean energy components and solutions, announced its Q2 2024 earnings The company posted $1.64 billion in revenues, roughly coming in line …
Canadian Solar drops 15% post Q2 earnings report Read More »
The company offers a DC-to-DC electric bidirectional electric vehicle charger that allows EVs to charge directly from solar panels without the need to convert to AC. August 20, 2024 Enteligent, a startup offering solar-powered DC-to-DC chargers for electric vehicles, announced it has raised $6 million in capital from investors to scale commercialization of its products. …
Startup Enteligent secures $6 million to scale solar EV charging Read More »
The latest financial stability ranking of inverter manufacturers from Sinovoltaics lists Hoymiles Power Electronics, Eaton, Enphase, Kstar and Delta Electronics as the top five. August 12, 2024 From pv magazine Global Sinovoltaics, a Hong Kong-based quality assurance services firm, released the third edition of its Sinovoltaics PV inverter manufacturer financial stability ranking, featuring 32 manufacturers. The …
Solar inverter manufacturer financial stability ranking updated Read More »
The Department of Energy announced a conditional commitment to loan Qcells for its Georgia factory producing solar ingots, wafers, cells, and panels. August 8, 2024 The U.S. Department of Energy (DOE) Loans Programs Office (LPO) announced a conditional commitment for a loan guarantee of up to $1.45 billion to Qcells to support its North American …
U.S. DOE announces $1.45 billion loan for Qcells solar panel factory Read More »
The residential solar and energy storage provider increased its battery attachment rates and net subscriber value of its customers. August 7, 2024 Sunrun (Nasdaq: RUN) delivered its Q2, 2024 earnings, meeting analyst expectations for revenue and delivering promising guidance for cash generation in 2025. The residential solar and energy storage provider reported $524 million in …
Sunrun stock rises on strong cash generation in Q2 earnings Read More »
Goldman Sachs announced it has invested $440 million under its Alternatives fund in BrightNight, a renewable power company providing solutions to utility, commercial, and industrial customers. BofA Securities, Inc. and PJT Partners acted as financial advisors to BrightNight. Jefferies LLC acted as sole financial advisor and Weil, Gotshal & Manges served as legal counsel to …
Goldman Sachs invests $440 million in renewable independent power producer Read More »
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