The latest clean energy news includes announcements on REPT Battero, Palmetto, Origis Energy, RBC Community Investments, and others.
REPT Battero posts first annual profit of RMB 681 million in 2025
REPT Battero reported its first annual profit of RMB 681 million in 2025, marking a turnaround driven by strong growth in battery shipments and energy storage demand. Revenue rose to RMB 24.3 billion, up 36.7 percent year on year, while total shipments surged 89.2 percent to 82.7 GWh. Energy storage batteries emerged as the main growth driver, generating RMB 13.6 billion in revenue, significantly outpacing power battery sales. The company ranked first globally in residential energy storage shipments and fifth overall in the segment. The results highlight accelerating demand for storage solutions and REPT’s strengthening position in global battery markets.
Palmetto mobilizes $300 million in clean energy tax credit transfers
Palmetto has completed a $300 million Investment Tax Credit transfer with two Fortune 1000 partners, underscoring rising corporate demand for transferable clean energy credits. The transaction connects institutional capital with residential solar and storage deployment, helping expand access to energy solutions while lowering household costs. The company said proceeds will fund projects that improve energy resilience and reduce electricity bills. The deal also reflects rapid growth in the transferable tax credit market, projected to reach about $74 billion by 2026. Palmetto’s strategy positions it as a key intermediary linking corporate investment with consumer-focused clean energy adoption.
Origis Energy secures $118 million tax equity from RBC for California solar-storage project
Origis Energy has closed $118 million in tax equity financing from RBC Community Investments to support its Chalan solar-plus-storage project in Kern County, California. The facility combines a 65 MWac solar plant with a 25 MW / 100 MWh battery system and is expected to begin operations in Q4 2026. Power generated will be supplied under a 20-year agreement with Pioneer Community Energy, ensuring long-term revenue stability. The financing strengthens Origis Energy’s ability to scale its renewable portfolio while enhancing grid reliability through integrated storage. The project reflects growing investor confidence in hybrid solar assets and the expanding role of tax equity in accelerating clean energy deployment.
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