finance

Nautilus and Summit Ridge Energy secured major financing deals to expand community solar projects across multiple US states.

The average price of solar modules sold in Europe fell marginally between July and August, while buyers’ confidence remained steady.

The US Solar Energy Industries Association (SEIA) has released a policy blueprint which it claims would “strengthen the reliability of America’s electric grid with solar and storage technologies.”

US solar tracker manufacturer Nextracker has acquired Origami Solar, a steel frame technology-focused company, for approximately US$53 million. 

Euclid Power has raised US$20 million Series A round led by Venrock to develop AI-driven platform and services for renewables. 

ClearGen has entered into a US$150 million partnership with Davis Hill to build 245MW of community and commercial solar projects in the US.

During a week of major US clean energy developments, ContourGlobal, PSE, Arevon, and Ameren Missouri advanced solar projects across four states in the US.

Newly formed firm Solaris Assets has acquired the business operations and assets of Texas-based residential solar installer Sunnova.

ARENA has launched the second funding round of its AU$1 billion Solar Sunshot programme, making AU$150 million available.

US residential solar prices have remained at historic lows in the first half of the year despite market uncertainty and continued high interest rates.