Startup Giraffe Financial aims to unravel tax credit complexities for businesses
Giraffe received a $1.5 million pre-seed round of funding and plans to help underserved small- and medium-sized businesses access IRA tax credits.
DOE announces $38 million solar supply chain incubator funding opportunity
The funds support research, development and demonstration projects that de-risk solar hardware, manufacturing, and software products.
Sunrise brief: Battery energy storage tariffs tripled; domestic content rules updated
Also on the rise: Bringing lithium-sulfur batteries closer to commercialization. Largest solar project in Wyoming moves forward. And more.
21 states accept the grid modernization challenge
The Federal-State Modern Grid Deployment initiative aims to shore up the U.S. energy grid to prepare for both challenges and opportunities in the power sector.
J.P. Morgan commits $680 million tax equity financing for solar and storage
The funds support project developer Ørsted’s portfolio in Texas and Arizona.
SunPower now offers Tesla Powerwall 3 to residential solar customers
SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.
Qcells residential solar financing arm closes its first asset backed securities totaling over $250 million
Qcells residential solar finance platform EnFin secured an asset backed securities transaction totaling $252.86 million.
Plug Power’s $1.6 billion loan guarantee for clean hydrogen facilities
The Department of Energy’s Loan Programs Office announced a conditional commitment for loan guarantee to help finance construction of up to six facilities across several U.S. states to produce clean hydrogen using Plug Power’s own electrolyzer technology.
Catalyze secures $100 million to support 79 MW New York solar portfolio
The funding comes from NY Green Bank, which is requiring that a significant percentage of solar project subscribers benefit disadvantaged communities.
Sunrise brief: Opposition stymies solar – sometimes
Also on the rise: Solar and wind powered boat’s final voyage across the sea. Active Surfaces raises $5.6 million to develop ‘solar 2.0’. And more.
