The company is projected to do $1 billion in residential solar project originations this year. February 3, 2022 CommonBond, best known for its student financing business, announced it now offers solar financing. The company did a soft launch of its solar loans in Q3 2021, and is now on pace to perform $1 billion in …
Startup Rondo Energy closed a $22 million Series A funding round to decarbonize industrial processes with equipment that converts solar and wind energy into thermal energy. February 8, 2022 Rondo Energy announced the closing of a $22 million Series A funding round to support its technology, a renewable energy heat battery aimed at reducing the …
Renewable energy heat batteries for industrial applications gain funding Read More »
Verdagy announced it secured a $25 million investment for its new electrolyzer technology. February 9, 2022 Verdagy, a company that is developing a water-based electrolyzer for green hydrogen production, announced it achieved funding to scale its technology. The $25 million funding round was led by TDK Ventures, Orbia, BHP Ventures, Doral Energy, Tech Ventures, Kholsa …
Water-based electrolysis for green hydrogen earns funding Read More »
Within the new venture, the company hopes to be able to lowers costs for both installers and homeowners, and promises increased sales velocity for installers. February 10, 2022 CommonBond, a financial technology company which uses modularly-designed financial service tools to provide customers affordable, transparent, and simple ways to pay their loans, announced that it has …
Strata Clean Energy’s Inland Empire Energy Storage was awarded a 15-year Resource Adequacy Agreement with Energy Settlement by Pacific Gas & Electric (PG&E), which filed an Advice Letter at the California Public Utilities Commission for approval of 6,396 megawatt hours (MWh) of new and incremental utility-scale battery energy storage systems (BESS). “The IEES project in …
Strata Clean Energy Inland Empire Energy Storage project awarded PG&E agreement Read More »
The chief executive of a Nigerian commercial solar installer has pointed to the beneficial effect rising electricity prices are having on demand for his company’s services. Tony Carr, CEO of commercial and industrial solar company Starsight Energy, pointed to a “recent increase in grid [electricity] tariffs” in Nigeria as driving demand for PV after his …
Rising electricity bills in Nigeria drive demand for solar Read More »
With the finances of national utility the Bangladesh Power Development Board in disarray thanks to rising capacity payments for often-inactive conventional power plants, renewables offer the hope of fiscal sustainability, according to the Institute for Energy Economics and Financial Analysis. February 14, 2022 Bangladesh’s new power system masterplan must focus on renewables and grid investment, …
‘Bangladeshi energy masterplan should focus on renewables’ Read More »
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