Innergex Renewable Energy Inc. has closed the construction financing, tax equity commitment and a seven-year term loan facility for the 200 MW Hillcrest solar photovoltaic project, located in Brown County, Ohio. In aggregate, the $191.8 million financing was led by CIT’s Power and Energy group and includes MUFG and Mizuho, as well as Wells Fargo […]
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The U.S. Department of the Treasury is poised to adjust the current safe-harbor guidelines for both the production tax credit (PTC) and investment tax credit (ITC), providing needed wiggle room and predictability for wind and solar projects that have been stalled in the face of the coronavirus pandemic. In late April, longtime wind power proponent […]
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EDP Renewables SA, through its fully owned subsidiary EDP Renewables North America LLC, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement for the 100 MW Sandrini Sol 1 Solar Park in Kern County, Calif. Located near Bakersfield, the project is expected to be operational in 2022 and represents an estimated […]
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Dependable Hawaiian Express and REC Solar, an unregulated affiliate of Duke Energy, have completed a solar microgrid solution designed to bring reliability, savings, zero-emissions generation and more to the Hawaii-based freight company. REC Solar designed, engineered and installed 360 solar panels on the 76,000-square-foot roof of DHX’s new warehouse and distribution center in Honolulu. The […]
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To preserve and grow the U.S. workforce and economy following the devastating impact of COVID-19, Citizens for Responsible Energy Solutions (CRES) has delivered to House and Senate leadership a letter outlining the value of investment in clean energy as well as the removal of barriers to execute and complete clean energy projects as part of […]
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COVID-19 has negatively impacted 92% of California’s solar+storage companies. Half of the affected companies reported the impact to be extremely negative, and the other half characterized it as somewhat negative, according to a recent survey conducted by the California Solar & Storage Association (CALSSA). Responses were received from 212 companies between April 16-21, approximately one […]
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Mortenson, a solar engineering, procurement and construction firm, has begun building an 86 MW AC solar facility for Silicon Ranch in Jeff Davis County, Ga. Once the project is complete, Silicon Ranch will provide the renewable power it generates at cost-competitive rates to Green Power EMC, the renewable energy supplier for 38 of Georgia’s electric […]
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Raycatch, a start-up that has developed an AI-driven digital asset management system that automates and optimizes solar PV assets, has released its first major update in a year. The new system update, DeepSolar 2.5, is fully focused on remote diagnostics and prioritization of solar asset performance issues in order to navigate through the coronavirus pandemic. […]
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First Solar Inc. has entered into a framework supply agreement with Geronimo Energy, a National Grid company. Under the agreement, First Solar will supply 415 MW DC of its eco-efficient Series 6 photovoltaic (PV) modules in 2022. This latest transaction has grown the relationship between the two companies to over 1.4 GW DC of both […]
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Raycatch, a start-up that has developed an AI-driven digital asset management system that automates and optimizes solar PV assets, has released its first major update in a year. The new system update, DeepSolar 2.5, is fully focused on remote diagnostics and prioritization of solar asset performance issues in order to navigate through the coronavirus pandemic. […]
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Jiangsu Seraphim Solar System Co. Ltd., a solar manufacturer, has released its latest product – the 158 high-efficiency shingled module. The new 158 shingled module can generate more power with higher efficiency ratings. By cutting the 158.75 mm cells into six pieces and replacing the traditional ribbon with electrical conductive adhesive, the module can have […]
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Italy-based solar manufacturing equipment specialist Ecoprogetti recently completed the buildout of a 25 MW/year module factory for Solartecc Green Energy in Bahrain. Solartecc will produce largely glass-glass but also glass-backsheet monocrystalline passivated emitter and rear cell (PERC) and polycrystalline PERC modules using both 60 and 72 cells. The factory, which will be fully ramped up […]
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