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US Energy Department Axes $7.5 Billion for Biden-Era Clean Energy Projects

The U.S. Department of Energy (DOE) announced the termination of 321 financial awards supporting 223 energy projects, a majority of which are clean energy projects,...

October 3, 2025

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Staff

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Other

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Renewable Energy
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Arevon Energy Secures $250 Million Tax Equity Financing

Arevon Energy, a renewable energy developer, owner, and operator, has secured a $250 million tax equity commitment from Wells Fargo Bank, N.A., for the development of a...

September 4, 2025

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Staff

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Solar
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Sunnova Energy Narrows Q2 Loss on Investment Credit Sales, More Customers

U.S.-based residential solar firm Sunnova Energy reported a 21% narrower net loss for the second quarter of 2024 at $79.7 million, an improvement from the $100.8 million...

August 1, 2024

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Arshreet Singh

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Finance and M&A

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Solar
Nautilus Solar Energy Secures $72 Million Tax Equity Financing

Nautilus Solar Energy, a New Jersey-based independent solar power producer, on behalf of its affiliate Nautilus US Power Holdco (NUPH) and Foss & Company, an...

January 30, 2024

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Sohini Aich

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Solar
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Nautilus Solar Energy Secures $72 Million Tax Equity Financing

Nautilus Solar Energy, a New Jersey-based independent solar power producer, on behalf of its affiliate Nautilus US Power Holdco (NUPH) and Foss & Company, an...

January 30, 2024

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Sohini Aich

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Solar
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Radial Power Secures $80 Million for Community Solar Projects

Radial Power, a developer-owner-operator of distributed clean energy assets across large real estate portfolios, secured $80 million in tax equity financing from Bank of...

December 26, 2023

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Staff

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Solar
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Recurrent Energy Secures Financing for 134 MW Liberty Solar Project

Recurrent Energy, a wholly-owned subsidiary of Canadian Solar and a utility-scale solar and energy storage project developer, closed project financing for its 134 MW...

September 22, 2023

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Staff

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Solar
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China Extends Tax Incentives for EVs Until 2027 to Boost Demand

China’s Ministry of Finance, the State Administration of Taxation, and the Ministry of Industry and Information Technology have jointly announced the continuation of the...

June 28, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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States levying Water and Air Cess on Electricity Generation Illegal

The Ministry of Power has asked all state governments and union territories to withdraw any tax or duty on electricity generation, especially from hydropower projects,...

April 28, 2023

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Satish Shetty

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Other

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Other Energy

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Renewable Energy

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Wind
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Solar Developers are Struggling to Receive Compensation Under Change in Law

Many ‘Change in Law’ petitions on safeguard duty filed in 2018 are still pending disposal DISCOMs drag on litigations for years Unresolved petitions restrict cash flow...

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Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the US

In a significant development, President Joe Biden signed the ‘Inflation Reduction Act of 2022,’ which the U.S. House of Representatives and the Senate had...

August 18, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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Pivot Energy Closes $190 Million Debt and Tax Equity Financing for US Solar Portfolio

Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, closed a $190 million financing facility to support...

April 19, 2022

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Raj Prabhu

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Solar
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US Extends 26% Solar Investment Tax Credit Until 2022

The United States Congress has passed a bill providing a two-year extension on its solar investment tax credit (ITC) facility, allowing solar power projects across the...

December 28, 2021

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Nithin Thomas

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Markets & Policy

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Solar
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US Solar Energy Industries Association Prepares Policy Agenda for Biden Government

The Solar Energy Industries Association (SEIA) of the United States announced that it has prepared a legislative and executive agenda for 2021. SEIA asked...

November 16, 2020

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Harsh Shukla

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Markets & Policy

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Solar
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China Likely to Improve its Subsidy Policy for Electric Vehicles

The Ministry of Finance of the People’s Republic of China has issued a notice on ways to promote financial subsidies for new electric vehicles. The ministry said it had...

May 3, 2020

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Nithin Thomas

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Electric Vehicles

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Grid

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