According to EnergySage’s 16th “Solar and Storage Marketplace Report,” equipment supply constraints continued to impact pricing, as the quoted price of solar on EnergySage has increased to $2.85 per watt: a 6.7% increase since the lowest price in early 2021. The company notes that the installed cost of energy storage is up as well, increasing […]
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SEG Solar says it has closed on the acquisition of a Houston manufacturing facility capable of producing more than 2 GW of photovoltaic modules. The plant consists of approximately 145,000 square feet of manufacturing and warehouse space and 16,000 square feet of office space. The facility will be equipped with three production lines that will […]
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Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, has received approval from the Public Service Commission of Wisconsin to purchase solar energy and battery storage from the Koshkonong Solar Energy Center. MGE will own 30 MW of solar energy and 16.5 MW of […]
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SEG Solar says it has closed on the acquisition of a Houston manufacturing facility capable of producing more than 2 GW of photovoltaic modules. The plant consists of approximately 145,000 square feet of manufacturing and warehouse space and 16,000 square feet of office space. The facility will be equipped with three production lines that will […]
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Entergy Louisiana has filed a request with its regulator, the Louisiana Public Service Commission, for approval to add an additional 3 GW of solar power to its generation portfolio. This is on top of the nearly 225 MW of solar power the company requested earlier this month. In that regulatory filing, Entergy Louisiana sought approval […]
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Duke Energy Florida says its first floating solar array pilot will begin construction later this month in Polk County. The almost 1 MW floating solar array will feature more than 1,800 floating solar modules and occupy approximately 2 acres of water surface on an existing cooling pond at the Duke Energy Hines Energy Complex in […]
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AVANGRID, a sustainable energy company and part of the Iberdrola Group, has begun construction on two new solar farms in Texas and Ohio. These sites will generate 523.5 MW of power. “With solar projects like True North and Powell Creek, we are strengthening our mission of helping the U.S. meet its ambitious clean energy goals,” […]
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Over 30% of utility-scale renewable projects globally between 2013 and 2023 were solar photovoltaic (PV) projects, according to a new report from the Energy Industries Council (EIC), an energy trade association. The global solar insights report also shows that current global utility-scale PV capacity is around 154 GW. The cost of solar is a key […]
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Leeward Renewable Energy (LRE) has closed approximately $75 million in construction to term financing from MUFG Bank Ltd. and an approximately $105 million tax equity commitment from Wells Fargo for its Horizon solar facility located in Frio County, Texas. MUFG served as the green loan structuring agent, coordinating lead arranger and administrative agent for the […]
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SOLARCYCLE, a tech-driven recycling company focused on producing sustainable materials at scale for the solar industry, has raised $30 million in Series A funding, bringing the company’s total funding to $37 million since its inception a year ago. The funds will be used to scale the company’s growth in solar panel recycling capacity and expand […]
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Parks Associates‘ latest report has found consumers are concerned about high energy prices but still have low familiarity overall with solar power. More than 60% of U.S. internet households report their electricity costs are too high, but only 17% are very familiar with solar, according to the “Solar and Storage: Opportunities in the Smart Home” […]
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Catalyst Power Holdings LLC, a provider of energy solutions for the commercial and industrial sectors, has partnered with the Gates Historical Society for a new 1.4 MW community solar farm in Rochester, N.Y. The farm, to be built on 13 acres of land, will provide affordable clean energy while supporting local jobs and economic development. […]
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