Many solar companies work with independent contractors for sales or installation work, or both. This is a very risky practice in California. The state has strict laws describing when workers can be considered contractors, and misclassifying workers can lead to state investigations, large tax bills and substantial penalties easily worth tens of thousands of dollars […]
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Advanced Power has sold its 100% interest in the 232 MW DC Oriana Solar project to Sabanci Renewables, a subsidiary of Sabanci Holdings. With the sale of Oriana Solar, Advanced Power has successfully originated and closed four utility-scale solar and solar+battery storage projects totaling more than 800 MW DC and 240 MWh of battery storage […]
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Investor-owned utility Consumers Energy says it is spearheading the development of an 85 MW solar array at the former Karn coal facilities in Essexville, Bay, Mich., which closed earlier this year. “Based on future use studies and input from local stakeholders, solar emerged as the best option to ensure we continue to be good stewards […]
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Duke Energy has completed the sale of its commercial distributed generation portfolio to an investment fund managed by ArcLight Capital Partners LLC, a middle market infrastructure investment firm. The sale agreement, which was previously announced in July 5, includes REC Solar’s operating assets, development pipeline and O&M portfolio, as well as distributed fuel cell projects […]
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Renewable America (RNA), a provider of solar+storage and multi-customer community microgrid projects in California, has completed its 1.45 MW Fallon solar project, located in the Petaluma area of Marin County, Calif. The deal is financed with Sunwest Bank through a sale leaseback structure, allowing RNA to maintain the project through its entire lifecycle. The solar […]
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National Grid Renewables has initiated operations at Amazon Solar Farm Ohio – Yellowbud, a 274 MW project located in Ross and Pickaway counties, Ohio. Located in the PJM market, Yellowbud has an executed power purchase agreement with Amazon for the solar farm. During operations, Yellowbud is estimated to generate $90 million in tax revenue, jobs, […]
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Castillo Engineering has launched SolarLetters.com, an offering that fully automates structural letters, professional engineer (PE) stamps, and post-installation letters for residential solar installation companies in all 50 U.S. states, as well as for overseas design firms. The company’s advanced automation enables a 99% accuracy rate, Castillo Engineering says. Backed by over 25 years of structural […]
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SinglePoint Inc. subsidiary Boston Solar has integrated the SPAN Panel into its suite of home energy management systems. The SPAN Panel offers real-time monitoring and circuit-level control, allowing homeowners to maximize their energy savings. These panels integrate seamlessly with Boston Solar’s existing solar power, battery back-up and EV charging offerings, providing an all-in-one solution for […]
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Gov. Kathy Hochul has announced the auction of New York state’s first “Build-Ready” project to advance large-scale renewable energy development across the state under the Accelerated Renewable Energy Growth and Community Benefit Act. The New York Energy Research and Development Authority (NYSERDA) is seeking a partner to transform a former mine in St. Lawrence County […]
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TotalEnergies has signed a new 15-year renewable power purchase agreement (PPA) with building materials company Saint-Gobain to support its efforts to decarbonize 125 industrial sites in North America. Under the 100 MW PPA, TotalEnergies will supply energy from its Danish Fields solar project in Texas, helping offset Saint-Gobain’s North American scope 2 CO2 emissions from […]
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Sunrun, a provider of residential solar, storage and energy services, has closed the securitization of leases and power purchase agreements, known as Sunrun’s solar-as-a-service offering, and raised additional subordinated non-recourse financing. “We are pleased with Sunrun’s record-setting transaction, placing the largest ever residential solar securitization for the industry and subsequently raising additional non-recourse financings,” says […]
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Cultivate Power, a distributed solar and storage project developer, has secured a corporate equity investment of $10 million from Generate Capital. “We have worked with the founders of Cultivate Power for many years and are thrilled to invest in the company to support its growth. Cultivate Power’s strong project portfolio, experienced leadership team and focus […]
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