Lightsource bp, a utility-scale solar developer and manager, has closed on a $460 million multi-project financing package to support the construction and operation of a 368 MW portfolio comprising two utility-scale solar projects in the United States. Power purchase agreements with prominent renewable energy buyers were key to achieving this milestone, the company says. Two […]
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To meet the growing demand for renewable energy in New York and surrounding states, GRNE Solar, a solar engineering, procurement and construction firm based in Illinois, is expanding its operations to Albany. GRNE plans to hire and grow a dedicated locally based team for the Albany branch, which will offer a comprehensive range of services, […]
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Canadian Solar Inc. has sold its 100 MW Azuma Kofuji solar project, located in Japan’s Fukushima prefecture. Mizuho Securities Co. Ltd. facilitated the sale to Japanese investors. Recurrent Energy‘s local subsidiary will continue to provide long-term operations and maintenance services for the plant after the transaction. The Azuma Kofuji solar project began commercial operation in […]
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Nexamp, a developer and manager of solar and storage assets, has secured more than $400 million in tax equity and debt commitments led by U.S. Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG), respectively. This latest round of financing will support the creation of 49 solar and battery storage projects in six states spanning […]
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Heelstone Renewable Energy LLC has closed on financing to fund the construction of three portfolios composed of five utility-scale solar projects, totaling approximately 345 MW DC. All five projects – Lyons Solar, Blackwater Solar, Bird Dog Solar, Hobnail Solar and Wolfskin Solar – are currently under construction and expected to be operational either late this […]
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Canadian Solar Inc. has sold its 100 MWp Azuma Kofuji solar project located in Japan’s Fukushima prefecture. Mizuho Securities Co. Ltd. facilitated the sale to Japanese investors Canadian Solar expects to recognize the revenue from the transaction in the second quarter of 2023. Recurrent Energy‘s local subsidiary will continue to provide long-term operations and maintenance […]
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Nexamp, a developer and manager of solar and storage assets, has secured more than $400 million in tax equity and debt commitments led by U.S. Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG), respectively. This latest round of financing will support the creation of 49 solar and battery storage projects in six states spanning […]
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BayWa r.e. Solar Systems, the distribution arm of BayWa r.e. in the United States, will now include Tesla Powerwall, a rechargeable battery storage system. BayWa r.e. will add Tesla Powerwall in California and is already working to expand availability to other U.S. states in the coming months. Tesla Powerwall eliminates the need for consistent utility […]
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Enphase Energy Inc. has launched the IQ Battery 5P, its most powerful home battery to date, for customers in the United States and Puerto Rico. The IQ Battery 5P is modular by design and can deliver 3.84 kW continuous power and 7.68 kW peak power for three seconds, offering homeowners the ability to start and […]
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Sunlight Financial Holdings Inc., a technology-enabled point-of-sale finance company, and Solar Insure, a solar monitoring and warranty company, have formed a strategic partnership. The collaboration will enable Sunlight’s installer partners to seamlessly offer homeowners Solar Insure’s 30-year monitoring and solar warranty service for residential solar installations. “Thoughtfully assessing risk has always been a strategic focus […]
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Energy Toolbase, a software platform for solar and storage developers, and Green Bridge Energy, an investment and technology platform for clean energy projejcts, have joined forces to provide Northeast-based commercial solar developer RISE with financing for a solar system to power a nonprofit, private college. RISE tapped Green Bridge Energy’s financing solution within the ETB […]
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Utility-scale solar developer and manager Lightsource bp is beginning commercial operation of its 152.5 MW AC/173 MW DC Bellflower Solar project, located about 40 miles east of Indianapolis in Henry and Rush counties, Indiana. Lightsource bp developed, financed and will own and operate Bellflower Solar, and it has entered into a virtual power purchase agreement […]
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