Publicly-traded ESS Tech announced it received an investment from the Export-Import Bank of the United States to expand its manufacturing capacity in Oregon. June 28, 2024 ESS Tech, listed on the New York Stock Exchange as “GWH”, announced it has secured a $50 million investment from the Export-Import Bank of The United States (EXIM). The …
Iron flow battery manufacturer secures $50 million investment Read More »
Basis Climate has delivered an investment tax credit (ITC) transfer worth $600,000 for a 1.2 MW solar project, complete with a twelve-page transfer agreement plus requisite due diligence documentation. This transaction, facilitated under the new provisions of the Inflation Reduction Act (IRA), signals a significant shift in the tax credit landscape, expanding access to smaller-scale …
Solar tax transfer for smaller projects: Dissecting a $600,000 tax credit transaction Read More »
An industry plagued by deceptive practices is now verifying salespeople via a platform called Recheck. June 24, 2024 Leading residential solar industry financers and the Solar Energy Industry Association (SEIA) are partnering with the newly launched Recheck, a platform designed to create a registry of residential solar salespeople and vet their conduct. Residential solar has …
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Sunrise brief: Nextracker acquires solar foundation specialist Ojjo for $119 million Read More »
Financial and regulatory uncertainty plus rising module prices are affecting project timelines in the United States and domestic companies must contend with a gray market at home and aggressive pricing abroad. Jesse Pichel, of Roth Capital Partners, explores the key trends in a tough month for US solar stocks. June 18, 2024 From pv magazine …
The low-temperature plasma-assisted separation process, developed at Princeton University and now trademarked as LPAS, produces battery-grade cathode and anode materials suitable for direct reintroduction into cell manufacturing. June 17, 2024 Princeton NuEnergy (PNE), a New Jersey-based specialist in lithium-ion battery direct recycling, announced the close a Series A funding round with a strategic investment from …
Princeton NuEnergy scores $30 million in funding for lithium battery recycling Read More »
Swift Solar, a specialist in perovskite tandem photovoltaics, plans to build a factory in the U.S. in the next two to three years to manufacture thin-film solar. June 13, 2024 Swift Solar announced the close of its $27 million Series A financing round, which follows on the heels of a $7 million award from the …
Swift Solar closes $27 million in funding, plans perovskite solar factory Read More »
Giraffe received a $1.5 million pre-seed round of funding and plans to help underserved small- and medium-sized businesses access IRA tax credits June 13, 2024 Giraffe Financial announces the launch of a service that aims to make Inflation Reduction Act (IRA) tax credits accessible to underserved small- and medium-sized businesses and tax-exempt organizations such as …
Startup Giraffe Financial aims to unravel tax credit complexities for businesses Read More »
The funds support research, development and demonstration projects that de-risk solar hardware, manufacturing, and software products. June 7, 2024 The U.S. Department of Energy announced a $38 funding opportunity via its Solar Energy Technologies Office (SETO), supporting research, development, and demonstration projects related to the solar energy supply chain. The funds are intended to support …
DOE announces $38 million solar supply chain incubator funding opportunity Read More »
Renewable energy developer Ørsted announced it has secured a $680 million tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio includes Eleven Mile Solar Center, a 300 MW solar and 300 MW /1200 MWh storage project in Pinal County, Arizona and Sparta Solar, a 250 MW solar project …
J.P. Morgan commits $680 million tax equity financing for solar and storage Read More »
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