Million

Natel Energy announces $20 million funding to further deploy Restoration Hydro Turbine
Natel Energy announced a $20 million funding round, led by Breakthrough Energy Ventures (BEV) and supported by Chevron Technology Ventures, to build momentum in deploying its flagship product, the Restoration Hydro Turbine (RHT). “As more solar and wind power solutions are deployed, the role of hydropower will become increasingly important due to its inherent reliability, flexibility, and ability to integrate other renewables onto the grid,” said Carmichael Roberts, BEV. “Natel’s Rest [...]
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EU approves €400 million aid scheme to develop renewables in Denmark
The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources: onshore and offshore wind, wave power plants, hydroelectric power plants and solar PV. The measure will help Denmark reach its renewable energy targets without unduly distorting competition and will contribute to the European objective of achieving climate neutrality by 2050. “This Danish scheme will contribute to substantial reductions in greenhou [...]
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Organizations urge US congress to enact legislation that will lead to 30 million solar homes
Yesterday, a national coalition made up of more than 220 organizations launched the 30 Million Solar Homes campaign. The campaign’s goal is to add enough rooftop and community solar energy to power 30 million homes across the U.S. within the next five years. The coalition estimates the plan will create three million good-paying jobs, lower energy bills by at least $20 billion a year and cut total annual greenhouse gas emissions by 1.5%. The coalition released a list of 15 federal policy rec [...]
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Toward 100% clean energy: two million solar strong and growing
Today, IREC proudly joins the collective voice of advocates and industry celebrating a milestone we have worked for 37 years to witness: two million solar installations now in the U.S. What better timing than in a year when children and governors, presidential candidates and corporate CEOs are all making headlines about the urgency of climate change action. [...]
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FPL Aims for Record-breaking 30 Million Solar Panels by 2030
The initiative aims to install more than 30 million solar panels by 2030 and the project will be the largest including solar installation by a regulated utility in the world. [...]
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Perovskite Solar Firm Secures $11 Million Investment
U.K.-based Oxford PV last week secured a new round of funding totaling US$11 million from existing investors for its perovskite-on-silicon tandem solar cell technology. [...]
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Pay-As-You-Go Solar Provider Raises $2 Million for Myanmar Expansion
More than 40,000 homes in rural Myanmar will have access to solar by the end of the year thanks to a new investment in Singapore-based pay-as-you-go provider SolarHome. [...]
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EPRI Wins $1.8 million for Solar Forecasting Technology Research
Solar Forecasting 2 projects are designed to enable electric utilities to better manage the variability and uncertainty of solar power and improve grid reliability [...]
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Solar Competition Is Putting $3 Million Behind Innovation in Manufacturing
The U.S. Department of Energy yesterday launched the American-Made Solar Prize competition with a focus on supporting innovative ideas for solar industry manufacturing. [...]
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Loans Worth $40 Million Will Spur First Utility-Scale Solar for Indonesia
New private financing from the Asian Development Bank will support the development of Indonesia’s first utility-scale solar PV plants. [...]
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Sunrun Seeks $500 Million for Rooftop Solar Growth
Sunrun Inc., the largest U.S. residential-solar company, is seeking about $500 million to fund more rooftop-power systems, according to people familiar with the company’s plans. [...]
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Tesla Is Planning $340 Million Securitization With Solar Contracts
Tesla Inc. is preparing to bundle about $340 million of solar power purchase agreements and leases into a bond offering. [...]
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SunPower Obtains $53 Million Financing for Residential Solar
SunPower Corp., the second-largest U.S. panel manufacturer, arranged more than $53 million in financing for residential-solar installations. [...]
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AES, AimCo Complete $853 Million Deal for Solar Company SPower
AES Corp. and Alberta Investment Management Co. completed the $853 million joint acquisition of sPower from Fir Tree Partners Inc., in one of the largest clean-energy deals to date. [...]
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