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Puerto Rico solar-plus-storage project.

DOE’s Loan Programs Office approves US$864 million Puerto Rico PV and BESS grant

July 19, 2024
The US Department of Energy (DOE) has issued a loan of up to US$861.3 million to support 200MW of solar PV and 285MW/1,140MWh of battery energy storage system (BESS) projects in Puerto Rico.
Community solar project in the US from developer Pivot Energy
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Corporate interest in community solar rising in the US

July 19, 2024
The corporate world is taking an increased interest in community solar, which can take multiple forms, from tax equity to offtake.
Image: d.light

d.light closes US$176 million new financing for off-grid offerings in Africa

July 18, 2024
US-based off-grid solar product manufacturer d.light has secured US$176 million to support its PayGo consumer loan offering in three African countries.
Solar installer on a residential rooftop in Puerto Rico. Image: Barrio Eléctrico.

Generac to expand Puerto Rico’s residential PV sector with US$200 million DOE grant

July 18, 2024
US energy technology company Generac has been awarded a US$200 million grant from the Department of Energy (DOE) to deploy residential solar PV and energy storage systems in Puerto Rico.
asian development bank

ADB finances US$240.5 million for Indian rooftop solar

July 18, 2024
The financing will be offered to two banks, as they will provide loans to developers and end-users to install rooftop solar systems.
Image: Unsplash

Solar debt financing reaches record high US$12.2 billion in H1 2024

July 17, 2024
Total global corporate funding for solar on the other hand is down year-on-year, according to Mercom Capital Group.
rPlus Energies Utah projects

rPlus Energies secures over US$1 billion for 400MW Utah solar-plus-storage project

July 17, 2024
US utility PacifiCorp and rPlus Energies signed a power purchase agreement (PPA) for the Green River Energy Center project in 2022.
arevon energy
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Tax credit transferability market ‘blows doors open’ in the US

July 17, 2024
Liquidity is rising at great pace in US tax credit transferability for clean energy, helping lenders become comfortable with the market.
Leeward's 100MW Rabbitbrush solar facility in California. Credit: Leeward Renewable Energy

Leeward Renewable Energy secures US$1.25 billion financing for 890MW US portfolio

July 16, 2024
US developer Leeward Renewable Energy (LRE) has secured US$1.25 billion in construction warehouse facility to support the construction of its portfolio in the US.
Fourth-Patner-Energy-rooftop-CI-solar-in-India-via-Twitter

Brookfield buys majority stake in Indian developer Leap Green Energy

July 12, 2024
Canadian asset owner Brookfield has acquired a majority stake in Indian clean power company Leap Green Energy in a US$200 million equity investment.

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