Residential solar and storage provider Sunnova has filed for Chapter 11 bankruptcy protection in Texas, listing its estimated assets and liabilities in the range of $10 billion and $50 billion. One of the company’s many subsidiaries filed for bankruptcy last week, and the parent company was added to the list of petitioners this weekend. Sunnova… …
Sunnova files bankruptcy, lays off 55% of workforce Read More »
On June 6, 13 House Republicans sent a letter to the Senate Majority Leader and Chairman of the Finance Committee asking them to “refine” the House’s proposed changes to the IRA. “While we were proud to have worked to ensure that the bill did not include a full repeal of the clean energy tax credits,… …
Qcells will start its own solar panel recycling operation in Cartersville, Georgia, near its solar panel manufacturing facility. EcoRecycle by Qcells should have the ability to recycle 500,0000 solar panels annually — or about 250 MW. EcoRecycle will first start at the Georgia facility, but Qcells has plans to expand the recycling effort across the… …
Residential solar and home improvement financing platform Mosaic has filed for Chapter 11 bankruptcy protection in the Southern District of Texas. Its estimated assets and liabilities are between $1 billion and $10 billion. Mosaic offers homeowners financing options for solar, storage and other sustainable home improvement projects. The company has a network of contractor partners… …
Solar finance platform Mosaic files for bankruptcy Read More »
The U.S. solar industry installed 10.8 GW of new electricity generating capacity in Q1 2025, according to the U.S. Solar Market Insight Q2 2025 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. Solar and storage accounted for 82% of all new generating capacity added to the grid in the first… …
U.S. solar industry adds 10.8 GW of new capacity in Q1 Read More »
The New Mexico Energy, Minerals and Natural Resources Department announced it is accepting applications for loans to finance energy-efficiency upgrades in commercial buildings that serve a community purpose. Solar and electric panel upgrades are eligible for loans as part of a comprehensive energy efficiency project plan. EMNRD received $5.3 million from the U.S. Dept. of… …
New Mexico opens $5.3 million commercial energy efficiency loan program Read More »
As the Senate takes up the House reconciliation bill this week, the solar industry is searching for any clues that the major proposed cuts to the Inflation Reduction Act (IRA) could be tempered in the final version. On June 4, Utah Sen. John Curtis wrote an op-ed in the Deseret News seeking a “scalpel vs.… …
Republican senator pens op-ed seeking more measured approach to IRA changes Read More »
Crux has released its first debt capital report on lending and investment dynamics in the U.S. clean energy and manufacturing sector. This report comes at a time when surging energy demand and policy uncertainty presents both opportunities and challenges for American developers and manufacturers. Crux is addressing today’s critical need for greater transparency into capital… …
Invenergy announced on June 4 that the 250-MW Hardin III Solar Energy Center recently commenced operations. The energy center is the third Invenergy-developed solar facility completed in Hardin County, Ohio. WEC Energy Group is the majority owner of Hardin III and Microsoft will purchase the electricity and renewable energy credits (RECs) generated at the facility… …
Invenergy completes 250-MW Ohio solar project for Microsoft Read More »
Gas pipeline company Enbridge marked the completion of the 130-MW Orange Grove Solar project, its first solar facility in the Lone Star State, with a ribbon cutting ceremony. Telecom giant AT&T has signed a long-term virtual power purchase agreement for the output of the project. The array is composed of 300,000 solar panels that sit… …
Gas pipeline company commissions 130-MW Texas solar project Read More »