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AMPLY Power and Duke Energy Sustainable Solutions collaborate on bus fleet electrification and solar-powered overhead charging

Green Car Congress

AMPLY Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. PIDE Canopy Mount.

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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Investment in new large- and small-scale solar projects rose to a record-breaking $120 billion, up 33% from the first half of 2021. Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report.

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A $1 billion solar + battery storage project just broke ground in Utah

Baua Electric

Renewables developer rPlus Energies has broken ground on one of the largest solar + battery storage projects in the US, in east-central Utah. EliTe Solar is supplying solar panels, and Tesla is providing battery storage. According to the Solar Energy Industries Association (SEIA), as of Q2 2024, Utah has nearly 3.5

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Here’s how the Fed’s interest rate cut is going to help you go solar

Baua Electric

Photo by Cindy Shebley on Pexels.com The Federal Reserve cut interest rates, and while it’s meant to support the broader economy, here’s how it helps homeowners go solar. Over the past few years, higher interest rates meant that financing a solar system was more expensive, which pushed out the break-even point for those investing in solar.

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Arizona’s largest battery storage project clinches $513M in financing

Baua Electric

Photo: Recurrent Energy Recurrent Energy has secured $513 million in financing for Arizona’s largest standalone battery storage project. Solar and battery storage developer, owner, and operator Recurrent Energy , a subsidiary of Canadian Solar (Nasdaq: CSIQ), secured financing for its Papago Storage project in Maricopa County, Arizona.

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Here’s how the Fed’s rate cut helps homeowners go solar

Baua Electric

Photo by Cindy Shebley on Pexels.com The Federal Reserve cut interest rates yesterday, and while it’s meant to support the broader economy, here’s how it helps homeowners go solar. But now, the Fed’s September rate cut – combined with dropping installation costs – makes going solar even more attractive.

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Global solar growth is on track for another record-breaking year

Baua Electric

Photo: CGTN Global solar installations are set to beat most industry forecasts, with 593 gigawatts (GW) expected to be added by the end of 2024, according to a new report by energy think tank Ember. Strong growth in established markets is combining with rapid acceleration elsewhere to make solar additions higher than ever before.

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