PosiGen, a US provider of residential solar and efficiency solutions for low- to moderate-income (LMI) households, has secured US$100 million in preferred equity financing.
California governor Gavin Newsom said there is “more work to be done” on the state’s net metering laws and that “changes need to be made” to proposals that have been proven highly contentious in the state.
Solar power will account for nearly half of utility-scale capacity additions in the US this year, according to new figures from the country’s Energy Information Administration (EIA).
Brazil has published its long-anticipated net metering laws that has introduced a new framework for distributed generation in the country and will see any solar PV systems below 5MW eligible for net metering tariffs until 2045.
Alternative asset manager Blackstone will invest around US$3 billion in Invenergy Renewables to help drive an accelerated build-out of the solar and wind developer’s clean energy platform.
Solar balance of system (BOS) solutions provider Shoals Technologies has formed a partnership with commercial and industrial PV project developer Luminace to pursue distributed renewables and electric vehicle (EV) charging solutions across the US.
Prior to 2019, there was an ample number of insurers willing to provide renewable energy insurance, leading to plentiful, affordable cover being available for solar power project finance transactions. However, with increased claims and risks, price rises and lower availability of cover is impacting the sector. Duncan Gordon, head of Renewable Energy at specialist energy insurance brokerage and risk management firm Gallagher, provides an overview of how solar power project owners can navigate a challenging insurance market.
The solar PV industry produced more than 190GW of modules during 2021, as the industry went through its first major production-led supply cycle, Finlay Colville reveals in exclusive analysis for PV Tech.
US solar companies have continued their push in the electric vehicle (EV) sector with Enphase Energy completing its acquisition of EV charging outfit ClipperCreek, while iSun bagged a contract to design and deliver almost 2,000 off-grid solar canopies to be located at EV charging stations across the US
Silicon Ranch has raised US$775 million in new equity capital to help progress on its existing project pipeline, enter new markets and pursue acquisitions.
