Tag: financing
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Mercom: Battery storage, smart grid, efficiency companies see increased funding in 2017
In 2017, a combined $1.5 billion was raised by battery storage, smart grid, and energy efficiency companies (an increase from the $1.3 billion raised in 2016), says a new report from Mercom Capital Group LLC on the funding and merger and acquisition (M&A) activity for those sectors. Head here for a copy ofRead More — Solar Builder magazine
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Duke Energy proposes awesome solar rebate program in North Carolina
Now this is the type of thing we are talking about when we say utilities should step up. Duke Energy today proposed a $62 million solar rebate program designed to help its North Carolina customers with the upfront cost of installing solar panels on their property. This is the firstRead More — Solar Builder magazine
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Here’s how a new program will fund more multifamily solar projects in California
Multifamily housing is one of the most complicated segments for the solar industry given the competing interests of tenants and owners. California, usually the first state to do everything in solar, is trying to make this easier with a new program. The California Public Utilities Commission (CPUC) approved of aRead More — Solar Builder magazine
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Shell gets into U.S. solar industry with latest acquisition
If you can’t beat ’em, acquire ’em. Shell is expanding its reach into renewable energy, signing an agreement to acquire a 43.83 percent interest in U.S. solar company Silicon Ranch Corp. from funds managed and/or advised by Partners Group. Consideration for the shares is between $193 and $217 million contingent on SiliconRead More — Solar Builder magazine
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Mercom: Strong Q4 pushes overall solar funding higher in 2017
The year-end solar installation reports for the U.S. were a bit of a downer, but private funding in solar across the globe is up year over year, according to Mercom Capital Group’s 2017 Q4 and annual report on funding and merger and acquisition (M&A) activity for the solar sector. Total globalRead More — Solar Builder magazine