One of the largest solar projects ever proposed in the US is inching closer towards the start of construction, with completion and operations set to occur some time in 2023. April 26, 2022 Quinbrook Infrastructure Partners and Primergy Solar said the two have closed on a deal of $1.9 billion in debt and tax equity …
Gemini Solar and Storage project closes $1.9 billion in financing Read More »
The solar and electric mobility infrastructure developer had a “milestone year.” April 18, 2022 Vermont-based iSun posted its fourth-quarter and full-year 2021 financial results, reporting on what CEO Jeff Peck called a “milestone year.” The solar PV and EV charging engineering, procurement, and construction (EPC) firm works in the residential, commercial, industrial and utility-scale sectors. Full …
iSun posts 115% revenue growth in full year 2021 financial results Read More »
Pivot will build, own, and operate the 40 distributed generation solar plants in six different states. April 18, 2022 Pivot Energy announced the closing of a $190 million financing facility to support a multi-state portfolio of distributed generation solar projects. The 90MW portfolio comprises over 40 solar projects, approximately 80% community solar, and 20% commercial …
Pivot Energy closes financing on 90MW solar portfolio Read More »
Array Technologies’ close relationship with First Solar, Hanwha, and Maxeon may be the reason for its strong revenue guidance, said an industry note from Phil Shen, managing director of ROTH Capital. April 6, 2022 Array Technologies, a solar mount/tracker provider, released its fourth quarter results, and issued a strong forecast for revenues this year. This comes …
Array Technologies may be insulated from anti-circumvention, said ROTH Read More »
The renewable energy acquisition and management company grew the capacity of its holdings from 900MW to 2.6GW. April 1, 2022 Greenbacker, a publicly reporting, non-traded investor and manager of sustainable infrastructure assets, announced its year-end 2021 financial results. Strong growth was posted, with Greenbacker’s revenue increasing 39% to $107 million. The company dramatically expanded the …
Greenbacker annual revenues grow 39% to $107 million Read More »
Communities LEAP Program aims to provide supportive services valued at up to $16M for community-driven clean energy transitions. March 31, 2022 The US Department of Energy (DOE) Local Energy Action Program, also called Communities LEAP, is an initiative designed to help energy-overburdened communities take direct control of their clean energy futures. The DOE just announced …
In Wood Mackenzie’s solar installer Leaderboard, Freedom Forever overtakes Tesla in the top three spot for the first time. March 29, 2022 US residential solar grew nearly 30% year-on-year and reached a record-breaking 4.2GW of new installations in 2021. This is a significant accomplishment considering the challenges faced last year including volatile supply chains, rising …
Tesla drops from top three residential solar installer ranking Read More »
The funding is is available for energy storage activities authorized under the Better Energy Storage Technology Act and is intended to increase the affordability of energy storage and related technologies. March 25, 2022 Senator Susan Collins, a senior member of the Appropriations Committee, announced that the 2022 omnibus spending bill, which passed earlier in the …
Federal budget includes $500 million for promoting energy storage Read More »
A recent offering of 2 million shares at $295 arms the company with capital for “acquisitions and general corporate purposes.” Philip Shen, managing director, ROTH Capital Partners said in an industry note the offering was “well timed,” reiterating a buy rating. March 21, 2022 SolarEdge Technologies, a major player in the PV inverter space, recently …
SolarEdge $590 million capital raise “expands the war chest,” said ROTH Read More »
Also on the rise: DOE introduces five-year plan for reducing environmental impacts of solar. Three Wisconsin utilities to buy stake in $433 million Paris solar-plus-storage project. A group of 22 bi-partisan California legislators call on regulators to maintain net metering. Maxeon to provide 400MW of solar modules to Origis Energy. Source Renewables, Sol-REIT partner to …
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