Finance

Mosaic surpassed $6 billion in loans funded through the company’s platform. The milestone is significant in itself, but also indicative of the company’s rapid acceleration, as it passed the $5 billion mark just nine months ago. Mosaic states that it is dedicated to helping everyone transition to clean energy, and while the company initially provided …

Mosaic passes milestone for solar funding; Welcomes new board member Read More »

National Grid Renewables announced that it has closed $98 million in tax equity financing from Bank of America to support its Prairie Wolf Solar Project, a 200 MW project that began construction earlier this year in Coles County, Illinois. According to National Grid Renewables, Bank of America is the sole tax equity investor for the project and …

National Grid Renewables closes financing for 200 MW solar project Read More »

Also on the rise: A new EV battery factory in South Carolina, lithium-ion battery recycling company expands, solar module manufacturer Silfab and national installer Titan Solar strengthen partnership, more funding for solar on tribal lands, Apex Clean Energy inks deal with Wyerhaeuser, Shell buys storage and energy company Savion.

Racking and tracker specialist, GameChange Solar Holdings Corp., received an investment of $150 million from Koch Strategic Platforms (KSP), a subsidiary of Koch Investments Group. KSP has focused on energy transformation investments with strategic investments in companies that it believes are market disruptors. Recently, for example, KSP announced investments in the battery value chain and …

GameChange Solar receives $150 million investment by Koch Strategic Platforms Read More »

The Black Bear Solar project will be among the largest in the state once it is completed, and it will deliver electricity to a wholesale power provider for 11 public power utilities in Alabama. December 20, 2021 Lightsource BP announced that the company has closed financing for its planned 130 MW Black Bear Solar project, …

130 MW Alabama solar project secures financing Read More »

The two projects will bring more than 50 MW of solar to Consumers Energy customers across the state. December 27, 2021 Pine Gate Renewables and Irradiant Partners announced that the companies have achieved financing for two utility-scale solar projects, set to bring more than 50 MW of new renewable generation to Michigan. MacBeth Solar and …

Pine Gate completes financing for two Michigan solar projects Read More »

The 293 MW Sun Mountain solar project, set to be located in Pueblo, Colorado, and the 173 MW Bellflower solar project, set to be constructed east of Indianapolis will each be among the largest in their respective states. December 28, 2021 Lightsource BP announced that it has closed on a $376 million multi-project financing package, …

Lightsource BP closes $376 million in financing, breaks ground on two massive projects Read More »

Despite the global Covid-19 pandemic and recession, corporate purchases of clean energy are booming. Several factors are driving this trend, including falling costs, a heightened appetite for sustainability among consumers and investors, and increased political will for net-zero development. In recognition of this, the UP Initiative spent Q3 2021 investigating sustainable electricity supply. How are …

Stepping UP in 2021: #3 Sustainable electricity and corporates’ critical solar role Read More »

Koch Strategic Platforms, a subsidiary of Koch Investments Group, invested in the commercial and utility-scale solar racking provider, marking a divergence from earlier anti-solar strategies. December 30, 2021 GameChange Solar, a provider of racking and trackers for utility-scale and commercial solar projects, announced a $150 million investment from Koch Strategic Platforms (KSP), a subsidiary of Koch Investments Group. The preferred …

Koch invests $150 million in GameChange Solar Read More »