financing

Construction of Hermes, Kairos Power’s 35-MWth iterative non-power demonstration molten salt nuclear reactor, has officially kicked off in Oak Ridge, Tennessee. The effort marks another major step for the burgeoning advanced nuclear industry, which celebrated the groundbreaking of TerraPower’s Kemmerer 1, a pioneering sodium-cooled fast reactor demonstration, in June. Site work and excavation for the Hermes […]

A company that supports solar power and battery energy storage systems (BESS) is part of a project that will support a portfolio of community solar projects across the state of New York. Houston, Texas-headquartered Catalyze, which finances, builds, owns, and operates solar and BESS installations, on May 15 said it had secured $100 million in […]

SAN FRANCISCO, Calif. (Sept. 20, 2022) – Aurora Solar, a cloud-based platform creating a future of solar for all by powering industry professionals to make solar simple and predictable, today announced Dividend, Mosaic, and Sungage Financial as key integrations for the Aurora platform. The addition of these new partners will provide solar installers and their homeowner […]

A company that invests in clean energy projects to serve customers interested in low-carbon sources of electricity announced it has closed eight separate deals, representing a total of $2.6 billion in financing commitments for construction and operation of six late-stage solar energy projects with 2.2 GW of generation capacity in California and Texas. Intersect Power […]

HOUSTON, June 23, 2020 — Quidnet Energy today announced the closing of its $10 million Series B financing and the execution of a contract with the New York State Energy Development Authority (NYSERDA) for commercial demonstration of its Geomechanical Pumped Storage (GPS) technology. Existing investors Breakthrough Energy Ventures and Evok Innovations participated in the round, […]

A new report from a half-dozen environmental groups says global banks financed $2.7 trillion of fossil fuel projects from December 2015, when the Paris Agreement on climate was reached, through year-end 2019. The report said funding for such projects has increased in each of the past four years. “Banking on Climate Change 2020,” published March […]

Sub-Saharan Africa’s power generation capacity is projected to surge 4% annually through 2040, and its current energy mix—which is today dominated by hydro and coal—will likely be more diversified as interest rises in renewables such as solar and wind, General Electric (GE) said in a white paper surveying market opportunities in the region that it […]