Finance

Term Loan B funding may be a multi-trillion-dollar pool made available to renewable energy development. KeyBanc managing director Andrew Redinger shares his view of the evolving market in a white paper. March 3, 2023 Renewable energy’s share of electricity generation has grown 42% from 2010 to 2020, said the Center for Climate and Energy Solutions, …

Renewable energy institutional investment has gone “from niche to mainstream” Read More »

Weekly Solar Earnings Recap: Daqo, FTC and First Solar  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. Guide for understanding solar production losses  Aurora Solar offers guidelines to make the most of a solar installation by avoiding losses. …

Sunrise brief: First Solar inks 10.1 GW of sales across four deals Read More »

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 the North American renewable energy market, as well as integrated residential solar installation companies and rooftop solar finance providers. This report tracks quarterly and annual volumes of orders, …

Weekly Solar Earnings Recap: Daqo, FTC and First Solar Read More »

Li-Cycle received a conditional loan from the U.S. Department of Energy through its Advanced Technologies Vehicles Manufacturing program.  February 27, 2023 Lithium-ion battery recycler Li-Cycle announced the successful close of a $375 million conditional loan from the U.S. Department of Energy (DOE) Advanced Technologies Vehicles Manufacturing (ATVM) program, supporting the buildout of its Rochester, N.Y.  …

Lithium battery recycler loaned $375 million for New York hub 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. February 24, 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 …

Weekly Solar Earnings Recap: REC Silicon, Sunrun and Sunnova Read More »

Kresge and Schmidt Family foundations funded the investment, which builds off the momentum off a U.S. Department of Energy contract to help BIPOC-led houses of worship go solar. February 21, 2023 RE-volv, a climate justice non-profit, closed a $3 million investment to build solar projects for non-profits in underserved communities around the country. The Kresge …

RE-volv secures investment to build solar projects for non-profits Read More »

Series B funding comes soon after $10 million contract from the U.S. Government to develop the first large-volume silicon oxide anode manufacturing facility in the Midwest. February 14, 2023 NanoGraf, an advanced battery materials company, announced that it has raised $65 million in an oversubscribed Series B funding round. NanoGraf had previously raised a total …

NanoGraf raises $65 Million to scale U.S. production of battery materials Read More »

The strategic relationship with Lumio will amplify the impact and distribution of Enphase Energy Systems, providing homeowners more access to sustainable and grid-independent power sources. February 13, 2023 Enphase Energy, a consumer microinverter and energy storage supplier, announced an expansion of its partnership with Lumio to deliver the Enphase IQ8 microinverters and IQ batteries to …

Enphase and Lumio expand U.S. microinverter, storage partnership Read More »

The new battery materials gigafactory in Nevada will produce materials to support the manufacture of 1 million electric vehicles annually. February 10, 2023 Redwood Materials received a conditional loan commitment of $2 billion from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) for the construction and expansion of a battery materials campus in McCarran, Nevada. …

Redwood secures $2 billion DOE loan to manufacture battery materials in U.S. Read More »

Nextracker begins trading today on the Nasdaq Global Select market under the ticker symbol NXT. February 9, 2023 Flex announced that its subsidiary, Nextracker, priced its upsized initial public offering (IPO) of 26,600,000 shares of its Class A common stock at an IPO price of $24.00 per share. The Common Stock is expected to begin trading today, February …

Nextracker announces IPO pricing Read More »