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Solar companies raised $34B in 2023, most in a decade
The finding comes in Mercom Capital Group’s annual report on funding and merger and acquisition (M&A) activity for the solar sector. Total corporate funding includes venture capital (VC) funding, public market, and debt financing into the solar sector.
1 GWh battery storage project underway in Arizona
The facility is expected to become operational in April 2025, and will provide the grid solar energy during high stress.
The Pentagon will install rooftop solar panels as Biden pushes clean energy in federal buildings
The Pentagon is one of 31 government sites that are receiving $104 million in Energy Department grants that are expected to double the amount of carbon-free electricity at federal facilities and create 27 megawatts of clean-energy capacity while leveraging more than $361 million in private investment, the Energy Department said.
Texas grid survives, thwarting NIMBYs, and companies turn to ‘greenhushing’ — This Week in Cleantech
The new “This Week in Cleantech” podcast breaks down the biggest stories in cleantech and climate in 15 minutes or less.
Renewable Properties launches solar charging service for electric vehicle fleets
The company will leverage its community solar development, land acquisition, and electrical infrastructure experience to provide a charging solution for companies with EV fleets.
Americans say they don’t mind utility-scale solar. Why isn’t more getting built?
Despite national polls showing broad support for large-scale solar (LSS) among rural Americans, LSS developers now report that community opposition and restrictive siting ordinances are leading causes of project delays and cancellations.
Major solar farm builder settles case alleging it violated clean water rules
Swinerton agreed to pay the penalty and undertake mitigation measures for its alleged Clean Water Action violations during the construction of solar farms in the three states that began in 2016.
US opens 22 million acres for solar development in the West
announced an updated roadmap for solar energy development across the West, meant to expand solar energy production in more Western states and make renewable ene…
Apex partners with Korean energy giants to advance Texas battery storage projects
The joint venture, SA Grid Solutions, owns Great Kiskadee, a utility-scale battery project under construction in Texas, and says it anticipates purchasing and a…
Solar inspection platform brings ‘100% guarantee’ to US
Sinovoltaics’ services include quality assurance inspections, factory audits, ESG, and traceability audits for utility solar developers and investors….
US military eyes value of long-duration energy storage
ESS Technology is to demonstrate its system at the US Army Corps of Engineers’ Contingency Base Integration Training Evaluation Centre in Missouri….
Hydroelectric system allowed BC Hydro to meet record electricity demand
Extreme cold across British Columbia, Canada, drove peak hourly electricity demand to a record high the night of Jan. 12, reaching 11,300 MW….
EIA: Solar and wind to lead U.S. generation growth for next two years
As a result of new solar projects coming online this year, the EIA forecasts that U.S. solar power generation will grow 75% from 163 billion kilowatt-hours (kWh…
States with big climate goals strip local power to block green projects
More than a dozen states have given themselves the power to override local zoning restrictions blocking large-scale renewable energy projects. The decisions com…
This thermochemical energy storage startup heats metal oxide pellets to store heat energy
RedoxBlox says its high-temperature thermochemical battery has energy densities comparable to lithium-ion batteries at a lower cost….
Statkraft announces plan to invest in Norwegian hydro and wind power
Statkraft is planning to invest up to €6 billion (US$6.6 billion) in upgrades to its Norwegian hydro and wind facilities and construction of onshore wind….