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In a year when rates have risen as a result of greater demand, disruptions in China, as well as broader inflation, the findings are no surprise

To fund the growth of a 6GW pipeline of solar and storage space projects in the Midwest, Southeast, and also California, Arevon Energy has actually obtained a $400 million green loan fund debt center from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising with Arevon's one wedding anniversary of procedure strengthens the firm's monetary strength in the renewable energy market.

US solar tracker manufacturer FTC Solar has actually reduced its net losses compared to last quarter and also Q2 2021 however has seen its revenue collapse, condemning a hostile solar market environment in the US that has seen project hold-ups and also cancellations, which it stated it now hoped was pertaining to an end.

Energy technology company AES Corporation is still on track to reach its target of 4.5-5.5 GW in long-lasting renewables and also energy storage contracts in 2022, having actually currently signed 1,618 MW in the year to date, according the firm's Q2 economic report.

The California Public Utilities Commission (CPUC) has actually made a decision to forever postpone its decision on controversial adjustments to the state's net metering laws, according to reports and a Solar Energy Industries Association (SEIA) statement.

Investor expects to complete a purchase for Apex Energies by the initial quarter of 2022

Abu Dhabi-based Masdar will acquire a 50% risk in 689MW of solar properties from EDF in the United States, marking its initial solar financial investment in the country.

Iberdrola has actually hit the accelerator on its renewables financial investments in H1 even with the pandemic, as the international utility looks to move on with a project pipeline that currently goes beyond 58GW.

Joe Biden has actually introduced a far-flung plan to change the US to a carbon-free power industry by 2035 and develop an extra lasting economic climate.

Arizona utility Tucson Electric Power (TEP) has actually set out plans to provide 70% of its power from solar and wind by 2035, backed up with financial investment in brand-new energy storage ability.

NextEnergy Capital (NEC) has become part of two separate ten-year power purchase contracts with Shell Energy North America for the power from 2 US-based solar ranches.

The United States domestic solar market could be recoiling from any type of pandemic-related slide much quicker than prepared for.

Nano One has been issued a Taiwanese patent relating to lithium nickel manganese oxide (LNMO) cathode material, that eliminates cobalt from the battery

Tariffs introduced to imported solar cells and modules have caused “devastating harm” to the US solar industry, new analysis compiled by the Solar Energy Industries Association has claimed.