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 …
Nextracker delivers strong earnings beat amid market uncertainty Read More »
An analysis of sheep-raising and grazing costs indicates that breeding flocks yield higher overall profits, while purchasing and reselling a new flock each year may result in a higher return on investment due to reduced off-season upkeep costs. January 29, 2025 Agrivoltaic business models for raising and grazing sheep suggest returns on investment ranging from …
Agrivoltaics business model analysis shows 16% to 43% return on investment Read More »
Plug Power seeks to scale up production, liquification and storage for fuel cell vehicles in transportation and logistics. January 24, 2025 New York-based hydrogen producer Plug Power Inc. recently secured a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office, one of the last loans to close before the change …
Loan guarantee of $1.7 billion to help U.S. producer scale clean hydrogen Read More »
The pre-apprenticeship program targets residents in areas that have historically been excluded from economic opportunities or have been subject to disproportionate burdens of pollution. January 21, 2025 Marginalized communities and residents in Illinois are being offered a new pre-apprenticeship program that aims to address workforce gaps in the clean energy and construction industries. The partnership …
For marginalized communities in Chicago, partnership brings solar opportunity Read More »
Solar venture capital, mergers and acquisitions, and debt financing funding totaled $26.3 billion in 2024, according to report from Mercom Capital. January 21, 2025 Corporate funding for solar, including venture capital (VC) funding, public market and debt financing into the solar sector, decreased 24% year-over-year in the United States in 2024, said a report from …
U.S. corporate funding for solar energy falls 24% in 2024 Read More »
The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% savings in lighting, HVAC, water heating, and building envelopes (but not solar). January 21, 2025 The U.S. Department of Energy (DOE) has launched a web portal to host two tools related to energy tax deductions. …
Section 179D energy efficiency tax deduction tools updated Read More »
The capital is expected to support 2024 and 2025 Palmetto LightReach residential solar contracts. January 21, 2025 Palmetto announced it has secured $1.2 billion in investments to support its LightReach business, a residential solar lease and power purchase agreement platform. Investors included Morgan Stanley, Truist Bank and other prominent financial institutions. Under the LightReach program, …
Palmetto secures $1.2 billion for residential solar financing Read More »
Brookfield Asset Management and Antin Infrastructure partners made commitments that could exceed $1 billion in aggregate. January 15, 2025 Miami-headquartered Origis Energy announced it has a new investor, Brookfield Asset Management. Along with majority owner Antin Infrastructure Partners, a utility-scale solar developer, said the two investment groups have agreed to strategic investments of over $1 …
Utility-scale solar developer Origis Energy secures $1 billion investment Read More »
The Michigan-based manufacturer supplies solar-grade polysilicon used in the manufacturing of mono-crystalline ingots and wafers used in solar cells. January 9, 2025 The U.S. Department of Commerce awarded Hemlock Semiconductor (HSC) up to $325 million in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities (CHIPS and Science Act). Hemlock Semiconductor …
The Department of Energy Loans Programs Office has approved a loan to Arizona Public Service (APS) to construct new electricity generation, storage and transmission assets. January 8, 2025 The U.S. Department of Energy Loans Programs Office (LPO) made a conditional commitment for loan guarantees of up to $1.81 billion for Arizona Public Service (APS). APS …
DOE loans $1.8 billion to Arizona utility for solar, storage, transmission Read More »
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