Finance

Who’s footing the bill for new transmission?

While the Federal Energy Regulatory Commission’s Order 1920 could provide a step forward, many regions continue to struggle with implementing effective cost-sharing frameworks. February 14, 2025 Clean energy development and electricity demand are surging nationwide, but America’s transmission network is struggling to keep pace.   As it stands, federal estimates suggest transmission capacity must increase by …

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How utilities use financial models to justify higher rates of return

A former chief economist from Sempra Energy explains how utilities manipulate financial models to justify higher electricity rates. February 11, 2025 Investor-owned utilities in the U.S. are overcharging electric customers by up to $50 billion per year, according to research from the Institute for Local Self-Reliance (ILSR). This is because state utility regulators consistently approve …

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Transferable tax credits to catalyze $3.8 trillion in U.S. economic activity

A Crux 2024 market intelligence report expects the tax credit market to play a pivotal role in meeting the increasing demand for affordable, reliable and sustainable energy. February 10, 2025 Last April the Internal Revenue Service (IRS) released final guidance for the transfer of clean energy tax credits, a provision within the Inflation Reduction Act …

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Startup EPC brings deep experience to U.S. solar and battery energy storage development

The team of solar veterans behind Aquila Energy intend to focus on deploying new and repowering aging clean energy sites by collaborating on engineering, supply chain management and construction across each solar and battery energy storage project. February 6, 2025 Aquila Energy announced its launch in the U.S. solar and battery energy storage market. Made up …

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Indigenized Energy completes Solar for All projects

Indigenized Energy completed what it says are the nation’s first Solar for All (SFA) kickoff projects. The residential solar-plus-storage installations were completed for the Chippewa Cree Tribe in Box Elder, Montana, and the Oglala Sioux Tribe in Porcupine and Pine Ridge, South Dakota. Both Tribes belong to the 14-member Tribal Renewable Energy Coalition (TREC), awarded $135.5 million in Solar for All …

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Battery materials startup’s technology to boost battery performance

Battery materials startup Elevated Materials has brought to market ultra-thin, uniform lithium films that can be applied across graphite, silicon and lithium metal anodes. Elevated Materials launched as an independent company after it spun out of Applied Materials, a chip equipment maker. The technology was developed over the past decade by Applied Materials. The company …

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Enphase full-year revenues down 42%

Enphase annual revenues declined amid an overall downturn in the residential solar market. The company improved its margins and significantly expanded U.S. manufacturing. February 5, 2025 Fremont, California-based Enphase Energy, the world’s largest provider of solar microinverters, announced its Q4 2024 revenues, slightly beating Wall Street consensus expectations. The company delivered $382 million in revenues, …

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Global clean energy investment surpassed $2 trillion in 2024

Investment was more than double of 2020 totals, said a report from BloombergNEF. The U.S. led in Energy transition debt issuances, which grew its investments 5% year-over-year to $206 billion. January 30, 2025 A report on energy transition investments from BloombergNEF showed that global investment in clean energy technologies hit a record of $2.1 trillion …

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Meteomatics secures $22 million to help businesses navigate extreme weather impacts

Meteomatics will use the funding to help meet the growing demand for insights into hyperlocal extreme weather events. January 30, 2025 Meteomatics, a Swiss weather intelligence company that forecasts the weather’s impact on some of the world’s leading businesses, closed a $22 million Series-C funding round, which was led by Armira Growth. Meteomatics said it …

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Nextracker delivers strong earnings beat amid market uncertainty

The solar tracker provider delivered $679 million in gross profits in its fiscal yYear 2025 Q3 earnings report. January 29, 2025 Nextracker, a manufacturer of utility-scale solar tracker mounts, reported its fiscal year 2025 Q3 earnings, beating Wall Street expectations amid market uncertainty industry wide. Share prices are up as much as 25% in the …

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