Finance

Qcells residential solar finance platform EnFin secured an asset backed securities transaction totaling $252.86 million. May 21, 2024 Qcells, a leading residential solar panel provider in the U.S. market, announced its solar project financing platform, called EnFin, secured its first asset backed securities (ABS) transaction. The transaction totals $252.86 million and comprises bonds backed by …

Qcells residential solar financing arm closes its first asset backed securities totaling over $250 million Read More »

The Department of Energy’s Loan Programs Office announced a conditional commitment for loan guarantee to help finance construction of up to six facilities across several U.S. states to produce clean hydrogen using Plug Power’s own electrolyzer technology. May 17, 2024 The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to …

Plug Power’s $1.6 billion loan guarantee for clean hydrogen facilities Read More »

Catalyze, a national independent power producer that finances, builds, owns and operates solar and battery storage systems, announced that it secured $100 million in financing from NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), to support a 79 MW portfolio of community distributed generation (CDG) solar projects …

Catalyze secures $100 million to support 79 MW New York solar portfolio Read More »

Active Surfaces is developing lightweight, flexible solar panels that can be integrated into virtually any surface and manufactured using a printed, roll-to-roll process. May 13, 2024 Active Surfaces, a Massachusetts-based startup spun out of MIT, has raised $5.6 million in an oversubscribed pre-seed funding round led by Safar Partners, a deep tech venture capital fund. …

Active Surfaces raises $5.6 million to develop ‘solar 2.0’ Read More »

Sunnova Energy International, a residential solar, storage, and adaptive services company, announced declining revenues and an increased focus on cash generation in its Q1 2024 earnings report. May 3, 2024 Sunnova Energy International, a provider of solar, energy storage, and home energy adaptive services, announced its Q1 2024 earnings, noting a continued decline in revenues …

Sunnova earnings dip, unrestricted cash grows as it mends balance sheet Read More »

Stem Inc, an AI-driven software provider for clean energy solutions, posted a 62% slide in revenues year-over-year while net losses grew. May 3, 2024 Stem Inc. announced its Q1, 2024 earnings, showing a decline in revenues and increasing losses. The AI-driven software provider for clean energy asset operations saw its stock price dip over 20% …

Stem dips on Q1 earnings, announces new solar and storage asset software Read More »

The U.S.-headquartered solar panel manufacturer delivered revenues of $794 million, beating consensus estimates by about 10%. May 2, 2024 First Solar (Nasdaq: FSLR) reported its earnings for the first quarter ended March 31, 2024, exceeding Wall Street consensus expectations on both revenue and earnings per share. The major manufacturer of thin-film cadmium telluride solar panels …

First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge Read More »

The Green Bank for Rural America will support community lenders in Appalachian communities to finance climate-supporting projects including distributed solar and storage. The bank and four others received a total of $6 billion in federal awards. April 29, 2024 The Green Bank for Rural America has won a $500 million federal award to advance clean energy technology …

New green bank to support distributed solar and storage in the Appalachian region Read More »

The Attorney General claims these companies misled consumers about residential solar pricing, concealing inflated fees behind the federal tax credit and long-term contracts with low interest rates. April 26, 2024 The Attorney General (AG) of Minnesota is taking legal action against GoodLeap, Sunlight Financial, Solar Mosaic and Dividend Solar Finance for allegedly inflating the cost …

Minnesota sues GoodLeap, Sunlight, Mosaic and Dividend over dealer fees Read More »

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment. Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties …

Sunrise brief: Maxeon sues REC, Hanwha Qcells for alleged TOPCon patent infringement Read More »