Advantage Capital has committed to provide a $185 million investment to Sabanci Renewables for financing of its Cutlass Solar II project. Located approximately 40 miles southwest of Houston, Cutlass II is a 272 MW utility-scale project under construction in ERCOT. It is expected to commence operations in April and includes over 500,000 solar panels situated […]
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Adapture Renewables has signed three environmental attributes purchase agreements with Meta to procure 330 MW from three solar projects under development in Illinois and Arkansas. Situated in federally designated energy communities where a coal facility had been closed, the three projects will bring an estimated net economic impact of more than $400 million, says Adapture. […]
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The PV roof project located on Steyr Automotive’s 85,000 square-meter roof in Austria has gone into operation. The approximately 7.5 MW system was installed using the Schletter FixGrid and ClampFit systems. Schletter Group worked with energy supplier Burgenland Energie on this project, which the company says is Austria’s largest PV roof installation. On the pitched […]
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CubicPV and OCI Holdings subsidiary OCIM have signed a long-term supply agreement for OCIM to supply Cubic with low-carbon, U.S.-compliant silicon. The eight-year contract, valued at approximately $1 billion, establishes an annual supply volume commitment by OCIM to outfit Cubic with the polysilicon required to commence operations at its planned U.S. factory. The OCIM partnership positions […]
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Alliant Energy has completed its Wautoma Solar Project, a 99 MW solar array in the Waushara County town of Dakota and city of Wautoma, spanning 624 acres and consisting of nearly 240,000 solar panels. “The completion of this project is a major accomplishment that will deliver safe, reliable, cost-effective energy to our customers for decades,” […]
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Greenbacker Capital Management has entered into a $92 million financing agreement with BMO through an affiliated investment vehicle. BMO served as both lender and the administrative agent for the deal. Wilmington Trust served as collateral agent and depositary agent. The financing package includes a construction to term loan, a tax equity bridge loan, a term […]
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The California Energy Commission (CEC) has voted to award Form Energy a $30 million grant to support deployment of a 5 MW multi-day energy storage system in the state. Form Energy will build the project at the site of a PG&E electric substation in Mendocino County. Expected to come online by 2025, this will be […]
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Duke Energy is seeking proposals for acquiring diverse power generation in order to serve its Indiana customers. “As we continue to transition to cleaner energy, we survey the markets for a diverse range of power generation resources,” says Stan Pinegar, Duke Energy Indiana president. “This gives us an opportunity to hear from developers about what […]
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Westbridge Renewable Energy has closed the sale of its 230 MW Vulcan County, Alberta, solar power plant project to a subsidiary of MYTILINEOS Energy & Metals, as announced in early June. The transaction was completed via the sale of all issued and outstanding shares of Georgetown Solar. Westbridge satisfied the conditions for the transaction, including […]
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The Canadian Renewable Energy Association (CanREA) welcomes the latest national market outlook for rooftop and on-site solar, which calls for scaling-up rooftop solar by 20 to 40 times to help Canada achieve its net-zero targets. The report from Dunsky Energy + Climate Advisors, “BTM Solar: Canadian Market Outlook: How Behind-the-Meter (BTM) solar can contribute to […]
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Catalyze says it will be heading operations at two Lancaster, N.Y., solar sites, totaling over 12 MW. The first site is a 6.63 MW community solar project with Finger Lakes Health as the anchor commercial utility off-taker. The second 6.06 MW site will offer remote net crediting, providing an additional opportunity for the off-takers. While […]
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National Grid Renewables has started construction on its Unbridled solar project, located in Henderson and Webster counties, Ky. At 160 MW, Unbridled is anticipated to be the largest producer of solar energy in the state once it reaches operations next year, says the company. “We’re both proud and excited to be constructing the largest solar […]
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