The company announced the launch of a turnkey operation for sub 20MW projects and reported revenues of $101.7 million in the fourth quarter. March 16, 2022 Austin, Texas-based FTC Solar, a global provider of solar tracker systems, posted its fourth-quarter 2021 earnings results, and showed year over year growth of 130%. Fourth quarter revenues of …
Global tracker provider FTC Solar posts 130% growth in 2021 Read More »
The Virginia State Corporation Commission’s Hearing Examiner has proposed a requirement for residential shared solar customers to pay a $55 minimum bill each month, which opponents claim will dramatically limit program participation. March 10, 2022 Just over six months ago, the state of Virginia began accepting applications for its new shared solar program, under which …
Renewable advocates urge regulators to reject fixed charge for shared solar program Read More »
Solar real estate investment fund SolaREIT will now have more capital at its disposal, as it closed a $100 million securitization with Nuveen. SolaREIT offers land financing options, headlined by its pre-paid solar land lease, which offers immediate lease payment to landowners for siting projects on their property. The company works directly with landowners and …
RE-volv, Green The Church, and Interfaith Power & Light to discover new approaches to solarize houses of worship in communities of color nationwide. March 2, 2022 RE-volv, Green The Church, and Interfaith Power & Light are partnering to increase solar adoption by houses of worship led by Black, Indigenous, and people of color (BIPOC) by …
Three non-profits receive NREL support to help BIPOC houses of worship to go solar Read More »
Michigan’s Our Next Energy (ONE) said it will use the funding led by BMW to accelerate R&D and build a US manufacturing facility. March 1, 2022 In a funding round led by BMW i Ventures, Our Next Energy (ONE) secured $65 million to scale its electric vehicle (EV) business. The funds add on to the $25 million …
US EV battery manufacturer demonstrates 750+ mile range, raises $65 million Read More »
Erthos secured a $17.5 million Series B from an investor who participated in the startup of Tesla and SpaceX. The utility-scale solar company has a 2.5GW project pipeline. March 1, 2022 Erthos is a company built on the concept of “solar simplified, from the ground up.” Its “earth-mount” solar arrays sit flat on the dirt, …
Rackless, earth-mounted solar provider earns funding Read More »
The company will use the funding to develop and optimize its technology platform that makes buildings smarter and more sustainable through data analytics, intelligent automation, and machine learning. March 1, 2022 Intelligent energy network provider, GridPoint, announced it has closed a $75 million strategic capital raise led by the Sustainable Investing Group within Goldman Sachs …
A clunky tax credit system keeps vital incentives like the ITC and PTC from working the way Congress intended. Direct pay is the key to ensuring U.S. projects have efficient access to low cost capital with greater certainty by providing cash incentives directly to clean energy projects and project sponsors. February 28, 2022 Many of …
Clean energy tax credit reform is our last, best chance for a net-zero future Read More »
The developer is active in community solar, multifamily, commercial, industrial, and rooftop markets. February 24, 2022 Aspen Power Partners announced it raised $120 million in a funding round led by Ultra Capital, Redball Power, and others. The company was incubated at Energy Impact Partners, a global investor in sustainable energy transition. Aspen also entered into …
Aspen Power secures $120 million, 200MW of distributed and community solar Read More »
Ernst & Young’s 2021 report detailing transactions in power and utilities shows a higher focus on ESG initiatives and renewable deals across the country’s utilities. February 22, 2022 Ernst & Young (EY) has released a report detailing transactions in power and utilities (P&U) for all of 2021, with data showing that increased utility interest in …
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