Arevon Energy has closed financing on a $351 million package to build the 251 MW Gibson Solar Project, located in Gibson County, Ind. The project has initiated construction. Financial close included a construction loan with CoBank, Societe Generale and PNC Bank, along with a letter of credit facility provided by CoBank. CoBank served as coordinating […]
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The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), has closed on a $72.8 million loan guarantee to finance the development of a solar-plus-long-duration-energy-storage microgrid. The microgrid is set to be located on the Tribal lands of the Viejas (Baron Long) Group of Capitan Grande Band of Mission Indians of the Viejas Reservation near […]
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Photon Energy Engineering Romania has completed and grid-connected a 7.5 MW PV power plant in the Romanian market. “We are proud to have expanded our portfolio of operating solar PV assets by an additional 7.5 MW in Romania,” says Georg Hotar, CEO of Photon Energy Group. “This latest addition is particularly exciting as it’s our […]
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Invenergy and Monarch Private Capital have closed on $170 million in tax equity financing for the 200 MW Samson Solar Energy Center II project, located in Lamar County, Texas. Slated to begin commercial operations later this year, the project is part of Invenergy’s Samson Solar Energy Center, a five-phase, 1,310 MW development. “The tax equity […]
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Revolve Renewable Power has acquired development rights to a 30 MW solar project in Alberta, Canada. Revolve Meadows Solar, a wholly owned subsidiary of Revolve, and the project developer have entered into an asset transfer agreement (ATA) in which assets related to the project will transfer to the purchaser on completion of the transaction, which […]
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Hecate Energy has selected Bechtel to lead the design and construction of the 360 MW Sunfish Solar 2 project, located in Calhoun County, Mich. The project will comprise 620,000 bifacial solar panels across 1,300 acres. Construction is set to begin later this year. “We are proud to support Michigan’s renewable energy goals with this milestone […]
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The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), has closed on a $72.8 million loan guarantee to finance the development of a solar-plus-long-duration-energy-storage microgrid. The microgrid is set to be located on the Tribal lands of the Viejas (Baron Long) Group of Capitan Grande Band of Mission Indians of the Viejas Reservation near […]
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ENGIE North America has formed a collaboration with Ares Management Infrastructure Opportunities, representing the largest operating portfolio selldown for ENGIE in the U.S. ENGIE is set to retain a controlling share in the portfolio and will continue to operate and manage the assets. The 2.7 GW portfolio consists of 15 projects in operation across ERCOT, […]
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Avangrid has welcomed the first class of students at its newly built National Training Center (NTC), located in Sherman County, Ore. The facility was built this summer and is located near 14 of the company’s existing wind and solar facilities. Ten newly hired Avangrid technicians from five different states make up the first cohort and […]
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Polar Racking has announced the Hail Protection feature enhancement to its SOL-X single-axis tracker system. The company says the addition to the tracker control and monitoring platform mitigates the risk of hail damage to PV panels. The feature is designed to automatically position solar trackers to a bi-directional high-tilt hail position angle in anticipation of hailstorms, eliminating […]
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The Department of Energy (DOE) has announced $40 million in investments across the solar energy supply chain, including the selection of four projects to improve the lifecycle of PV solar systems. The selected projects are slated to maximize the environmental benefit of solar energy technologies by increasing system lifetime and work to facilitate material recovery […]
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Altus Power has added two operational solar projects in Colorado, totaling 2.5 MW. Power generated by the ground-mounted systems will benefit local municipalities, including the City of Pueblo, Pueblo Community College and the Pueblo County School District, through the Altus Power Community Solar program, part of the Black Hills Energy Colorado community solar program. Power […]
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