Energy solutions provider Genie Energy has closed on a loan financing for a portfolio of operating solar generation assets. The $7.4 million fixed rate term loan secured through National Cooperative Bank (NCB) provides project financing for a solar array portfolio rated for an aggregate 10 MW. The arrays, which Genie purchased through its Sunlight Energy […]
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National Renewable Solutions (NRS) has closed on $145 million in project financing for its Shallow Basket Project, a 140 MW solar and 50 MW storage project located in Rio Arriba County, N.M. The project is under construction and is expected to be operational next year. NRS developed the project and will continue to own and […]
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Xcel Energy’s Sherco Solar, which the company says is the Upper Midwest’s largest solar project, has begun delivering electricity. “Our progress at Sherco Solar shows we’re not just talking about the clean energy future, we’re building it,” says Bob Frenzel, chairman, president and CEO of Xcel Energy. “This is the first large-scale solar facility we […]
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Blue Raven Solar, a division of Complete Solar (CSLR), has signed an installation sales agreement with national residential solar company Sunder Energy. “This is a great opportunity for CSLR to add a large sales partner to the New Dealer channel at Complete Solar,” says Cole Farmer, vice president of sales for Complete Solar. “Sunder is […]
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Enphase Energy has begun shipping the company’s IQ Battery 5Ps, produced in the United States, that may assist projects in qualifying for the Domestic Content Bonus Credit. The Domestic Content Bonus Credit is a tax credit aimed at encouraging manufacturing and clean energy deployments in the U.S., as part of the IRA. The tax credit […]
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Salt River Project (SRP) and Flatland Storage, a subsidiary of EDP Renewables North America (EDPR NA), have entered into an agreement to provide new energy storage to Arizona’s grid. The Flatland Energy Storage Project will be a 200 MW battery energy storage system located near Coolidge, Ariz. Scheduled to be online next year, the project […]
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Penske Truck Leasing has installed and activated its first rooftop solar-powered systems, at the company’s new facility in Channahon, Ill. The PV system, at 200 kW, is expected to generate 80% of the building’s energy needs. Any remaining required energy will be supplied by the local utility provider. Another PV system, at the company’s Grand […]
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Intersolar & Energy Storage North America (IESNA) has acquired the Midwest Solar Expo (MWSE). Jake Rozmaryn, former Midwest Solar Expo executive director, will transition into an advisory role and Sharona Kohn will continue as conference director. “Midwest Solar Expo was founded to illuminate the future of the renewable energy market in the Midwest and now […]
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Ameresco has collaborated with the University of California, Irvine and its health system, UCI Health, to install two solar PV arrays atop new parking structures at the zero-emission medical campus, with the acute care hospital set to open next year. Ameresco is responsible for the turnkey design, engineering, arrangement of financing and construction of the […]
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In a joint project between RWE, the Fraunhofer Institute for Solar Energy Systems (ISE) and Brandenburg University of Technology Cottbus-Senftenberg (BTU), 190 floating solar modules have been installed on the Mortkasee artificial lake in Lohsa, Saxony. The collaboration is aimed at investigating the extent to which floating solar islands can be implemented and operated in […]
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National Grid Renewables has announced the start of onsite construction at its 100 MW Apple River Solar Project in Polk County, Wis. “As a company founded by a farmer in the Midwest, we have a strong commitment to bolstering rural economies through our renewable energy projects, and it’s exciting to see that growth in western […]
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Standard Solar has acquired the 25 MW Windhub Solar B solar project from Balanced Rock Power (BRP), located in Kern County, Calif. Interconnecting with the Windhub substation, the solar project will supply energy to Southern California Edison. “This acquisition is another example of our successful partnerships with innovative developers like BRP, allowing us to bring […]
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