Altus Power Inc. has entered a definitive agreement to acquire approximately 220 MW of newly developed and in construction solar assets for approximately $293 million from funds managed by True Green Capital Management LLC (TGC). Altus Power and TGC currently expect the transaction will close during first quarter of 2023 upon satisfaction of certain closing […]
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Primergy Solar LLC, a developer, owner and operator of utility-scale solar, distributed solar and energy storage, has closed with Rabobank on a $75 million revolving credit facility with the option to increase up to $200 million. The facility will be used to support a growing development pipeline of solar and solar+storage projects across the U.S. […]
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Primergy Solar LLC, a developer, owner and operator of utility-scale solar, distributed solar and energy storage, has closed with Rabobank on a $75 million revolving credit facility with the option to increase up to $200 million. The facility will be used to support a growing development pipeline of solar and solar+storage projects across the U.S. […]
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A new approach to manufacturing perovskite solar cells has addressed previous problems and yielded devices with high efficiency and excellent stability, researchers at the National Renewable Energy Laboratory (NREL) report in the new issue of the journal Science. Developing highly stable and efficient perovskites based on a rich mixture of bromine and iodine is considered […]
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RWE and Forschungszentrum Jülich are planning on generating power and farming land on the same site in the Rhenish lignite mining district. The plan is to generate solar power in tandem with agricultural and horticultural activities on about seven hectares of recultivated land at the edge of Garzweiler Mine in Titz-Jackerath in the district of […]
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To help deliver on its 2030 Zero Carbon Plan to eliminate greenhouse gas emissions from its power supply, Sacramento Municipal Utility District (SMUD) and Swell Energy have signed an agreement for Swell to act as the aggregator for the new My Energy Optimizer Partner+ program – a residential customer-driven virtual power plant initiative. The initial […]
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EDF Renewables North America (EDFR) and MEAG, acting in its capacity as Munich Re’s global asset manager, have closed on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California totaling 310 MW DC of solar and 50 MW / 200 MWh of battery storage. […]
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A 25 MW solar project that is helping advance energy and sustainability priorities for the Southeastern Pennsylvania Transportation Authority (SEPTA) has reached commercial operation. The project is one of two solar farms that SEPTA and Lightsource bp have partnered on, bringing their joint statewide operational solar assets to more than 42 MW – enough to […]
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A new study commissioned by the American Clean Power Association (ACP) has found that additional renewable capacity will lower energy market prices and provide significant cost savings for consumers in New England states. Conducted by Daymark Energy Advisors, the study analyzed the market and environmental benefits of 1,200 MW of incremental land-based renewable capacity for […]
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The Georgia Public Service Commission (PSC) has voted on a final order in Georgia Power Company’s (GPC) latest rate case, failing to expand the rooftop solar pilot program that the PSC created in 2020. Instead, the PSC adopted GPC’s anti-solar proposals to retain an instantaneous netting structure and impose a much higher and unjustified $100 […]
The post SEIA Reacts to Georgia PSC Vote on Rooftop Solar Pilot Program appeared first on Solar Industry.
EQT’s EQT Infrastructure VI fund has acquired Madison Energy Investments (MEI) from affiliates of Stonepeak Partners LP. Founded in 2019 and headquartered in Vienna, Va., MEI is a developer, owner and operator of distributed solar and energy storage projects for commercial and industrial (C&I) and community-based customers within the U.S. MEI has built a portfolio […]
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AI Clearing has signed a multi-year partnership with PCL Construction’s solar division, launching the next step in managing solar work with production tracking, quality checks, commissioning and tracking key performance indicators with the AI Surveyor solution. “We are very excited about this partnership with AI Clearing,” says Andrew Moles, solar general manager for PCL. “We […]
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