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 »
A new ACORE report says corporate use of power purchase agreements remain integral to getting large solar projects off the ground. January 8, 2025 Corporate use of power purchase agreements (PPAs) is more important than ever, says a report by the American Council on Renewable Energy (ACORE). “Clean energy is advancing at its fastest pace …
Despite wind and solar’s low costs, PPAs remain vital Read More »
SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Recent safe harbor agreements and 45X credit sales may help the company on its path to recovery. January 6, 2025 SolarEdge Technologies plans to lay off 400 employees globally, its fourth job-cut announcement in the past year. Last …
SolarEdge stock jumps as the company announces more layoffs Read More »
The U.S. Department of Energy (DOE) Solar Energy Technologies Office announced the Solar with Wildlife and Ecosystem Benefits 2 (SolWEB2) notice of funding opportunity, which will award up to $11 million to improve the compatibility of large-scale solar (LSS) facilities with wildlife and agriculture. The funding intends to support research and development, technical assistance, and stakeholder …
$11 million funding opportunity for solar that benefits wildlife and agriculture Read More »
The U.S. Department of Energy (DOE) Solar Energy Technologies Office announced the Solar with Wildlife and Ecosystem Benefits 2 (SolWEB2) notice of funding opportunity, which will award up to $11 million to improve the compatibility of large-scale solar (LSS) facilities with wildlife and agriculture. The funding intends to support research and development, technical assistance, and stakeholder …
$100 million funding opportunity for solar that benefits wildlife and agriculture Read More »