Tag: financing
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Nexamp raises $520M to Power Clean Energy Mission | Solar Financing Spotlight
Nexamp enters a new phase of growth with a $520 million capital investment to expand its solar development program. Meanwhile Excelsior Energy has entered a multiyear contract to purchase Heliene solar panels, and Origis Energy has secured $317 million to build two utility-scale projects in this installment of the Solar Financing Spotlight. Nexamp secured $520……
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Federal funding for clean energy projects to strengthen U.S. farms
The U.S. Department of Agriculture is investing more than $120 million in renewable energy projects in 44 states. The funding is aimed at lowering energy costs, generating new income and creating jobs for U.S. farmers, ranchers, agricultural producers and rural small businesses. Most of the projects are being funded through the Inflation Reduction Act, through the Rural Energy……
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IRS adds 446 counties to list qualifying for Energy Communities tax credit
The Internal Revenue Service added 446 more U.S. counties to the list where renewable energy projects could qualify for a 10% Energy Community tax credit bonus under the Inflation Reduction Act. The 446 counties are in statistical areas that the IRS identifies as potential energy communities. Not all of the 446 qualify for the bonus……
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Longroad energy closes financing for Arizona solar + storage project | Solar Financing Spotlight
In this installment of the Solar Financing Spotlight, we look at Longroad Energy’s newest solar + storage project in Arizona, while Sol Systems and Box Power secure financing and Standard Solar acquires a new portfolio. Longroad Energy announced the financial close of Serrano, its 220 MWdc solar and 214 MWac / 855 MWh storage……
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Inventory insight: 7 keys for solar companies crafting logistics RFPs
Between the rapid acceleration in demand and stubborn supply chain snarls, the solar industry is facing unprecedented challenges in delivering its products to its end customers. The gaps between solar equipment manufacturers and project developers and contractors have always been high – and now they sometimes seem insurmountable. To help bridge these gaps, solar companies……