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Connecticut Green Bank Approves $110M in Financing for Large-Scale Projects 

The Connecticut Green Bank has doubled its funding, to $110 million, for commercial-scale PV projects by businesses, towns, schools, non-profits and state agencies.  Originally approved in 2020 at $49.5 million, the allocation was increased to $110 million due to ongoing demand by customers seeking to utilize solar to reduce their costs as well as take […]

The post Connecticut Green Bank Approves $110M in Financing for Large-Scale Projects  appeared first on Solar Industry.

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Swell Acquires Renu, Eyes VPP Expansion in Select Markets

Swell Energy has acquired Renu Energy Solutions, with the goal of enabling VPP deployment in the Southeast and mid-Atlantic markets through the combination of Renu’s project development capabilities and Swell’s financing and technology platform. “With the growing demand for renewable energy in the region, this transaction marks a pivotal milestone for both companies in furthering […]

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SnapNrack Launches Solar Mounting Solutions for Homeowners 

SnapNrack has launched its AnchorFoot roof attachment and DeckAnchor fasteners, to be used in conjunction with the company’s Ultra Rail mounting system. The latest products expand the company’s roof attachment portfolio for direct-to-deck mounting, with AnchorFoot utilizing SnapNrack’s SpeedSeal+ technology that includes a 0.2” thick butyl peel-and-stick pad shipping pre-installed.  “As installers work on several […]

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BluWave-ai to Deploy AI-Driven Optimizer Platform for Sunbank Project

BluWave-ai has signed a contract with the city of Summerside in Canada to deploy and activate its AI-driven Smart Grid Optimizer for Summerside’s solar farm, Sunbank. Sunbank generates 21.6 MW of solar and has a 10 MWh battery, augmenting a 12 MW wind farm supplying the city. Integrated with Microsoft Azure, BluWave-ai’s software solution from […]

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True North Solar Project Receives Delivery of Main Power Transformers

Avangrid has delivered and installed both main power transformers at its True North solar project, as module and racking system installation continues to progress and the company says overall project construction remains on schedule. The project, a 240 MW solar farm in Falls County, Texas, will supply Meta’s upcoming data center in neighboring Temple with […]

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Sunstone Credit Announces Express Loan for Small Business Solar Financing

Sunstone Credit has announced its new loan product, Express Loan, for small business solar loans under $250,000. The company says small businesses historically have to pay cash or use traditional financing options for solar installation, adding that its new loan product may give these customers more streamlined access to solar financing. “Solar energy has traditionally […]

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ClearGen, King Energy Partner to Power Multi-Tenant Real Estate Solar

ClearGen and King Energy have announced a collaboration, with ClearGen committing more than $150 million to fund King Energy’s solar projects. King Energy’s business model involves real estate owners receiving rent for their rooftops, while tenants and common areas receive renewable power at discounted rates.  “At ClearGen, we are more than financiers; we are catalysts […]

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Summit Energy Expands Into Pennsylvania Market

Summit Energy has announced its market expansion and launch into the Pennsylvania solar market, offering its design and installation services to the region.  “We recognize the rising interest among Pennsylvania residents in renewable energy sources, especially solar,” says Summit Energy’s Dallin Maw. “This expansion aligns with Summit Energy’s commitment to creating a sustainable future, reducing […]

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Spearmint Energy Secures Loan from Manulife for ERCOT BESS Project

Spearmint Energy has closed a $47.5 million project finance term loan from Manulife to support the commercial operation of Revolution, Spearmint’s 150 MW, 300 MWh BESS project in West Texas’ ERCOT market. “We are proud to partner with Manulife, globally recognized for its strong track record of identifying key market leaders and providing capital with […]

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Electriq, Aveyo Partner on Homeowner Solar + Storage Program

Electriq Power has partnered with Aveyo to provide customer acquisition and installation services of Electriq’s solar-plus-BESS for the company’s Sustainable Community Networks program. The company’s PoweredUp Network is a turnkey clean energy solution for homeowners in select geographic locations, which the company says has no upfront costs for its customers. “This partnership shows Electriq’s continued […]

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Radiance Solar, Pivot Energy Partner on Illinois Community Solar Projects 

Radiance Solar and Pivot Energy have collaborated on a portfolio of five community solar projects in Illinois with a combined capacity of 19 MW, all of which are slated for completion this year.  The portfolio is estimated to produce enough power to offset 3,800 homes annually, says the company.  Atlanta-based Radiance Solar is serving as […]

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Summit Ridge Energy Selects Castillo Engineering for Solar Project Services

Castillo Engineering has been chosen by Summit Ridge Energy to provide design and engineering services on an 82 MW portfolio of 26 Illinois community solar projects.  Part of the Illinois Shines or Adjustable Block Program, each of the average 3 MW community solar projects will use bifacial modules mounted on single-axis trackers. A portion of […]

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