Canada-based Silfab Solar raised $100 million in new funding, including $50 million in equity led by ARC Financial and $50 million from a Green Loan managed by Breakwall Capital and SRAC. The funding will scale solar cell and PV module manufacturing at Silfab’s Fort Mill, South Carolina facility, which is expected to become operational by the end of the year. The expansion supports reshoring US-made solar products to meet domestic demand and aligns with global Green Loan Principles, as rated “Excellent” by Sustainable Fitch.
ARC and Breakwall Capital lead $100M financing for Silfab Solar
Silfab’s Fort Mill facility expansion supports reshoring of US made solar products. (Image Source: Silfab Solar)
BayWa r.e.’s solar portfolio supports tax revenue and renewable energy growth in key US markets. (Image Source: Bawya-re)
LONGi’s 2025 contracts include 1 GW for Scatec and 1.25 GW for Masdar’s 4 GW solar project. (Image Source: Zawya)
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)