Renewables are the backbone of the energy transition and a viable climate solution. Yet out of the 183 parties to the Paris Agreement with renewable energy components in their Nationally Determined Commitments (NDCs), only 143 have quantified targets with the vast majority focusing on the power sector. Only 12 countries had committed to a percentage […]
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Complete Solar and Solaria have completed their previously announced merger, forming Complete Solaria Inc. to deliver end-to-end residential solar solutions. “We are thrilled to announce the completion of the merger between Complete Solar and Solaria. This merger redefines residential solar with breakthrough technology, services, and operational excellence, to empower sales and installation partners to scale […]
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The Solar Energy Industries Association (SEIA) has filed responses to the U.S. Department of the Treasury’s request for public comments on the clean energy tax provisions of the landmark Inflation Reduction Act (IRA). As part of its ongoing efforts to support implementation of the IRA, SEIA is working with its members to provide industry insight […]
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GameChange Solar says its high-power-producing MaxDensity east-west tilt racking system is debuting at $.039 per watt in the United States and $.029 globally for a typical 105 mph wind load with moderate soil corrosions. The system is capable of handling up to 120 mph wind and 10 psf snow loads. Posts and galvanization can be […]
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Greenbacker Capital Management has partnered, through an affiliated investment vehicle, on a to-be-constructed 200 MW AC / 240 MW DC solar plant in Iron County, Utah, with rPlus Energies LLC, a utility-scale renewable energy developer. The Appaloosa Solar 1 project is now the second largest renewable energy project in the overall Greenbacker fleet, in terms […]
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Dominion Energy has promoted Steven D. Ridge to senior vice president and CFO, succeeding James R. Chapman, who will be leaving the company for a senior finance role outside the utility industry after a transition period. Ridge will be responsible for corporate and financial planning, investor relations, tax, treasury, mergers and acquisitions, and asset management. […]
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Aspen Power Partners LLC, a distributed generation platform, has received a $350 million investment from funds managed by global investment firm Carlyle. The investment supports Aspen’s growth strategy targeting the community, multifamily, and commercial and industrial (C&I) solar and storage markets. To launch this strategy, Aspen has acquired Safari Energy LLC from PPL Corp. Founded […]
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Mobility supplier DENSO and Silicon Ranch have broken ground on a new solar facility at DENSO’s Maryville, Tenn., location, along with the City of Maryville’s Electric Department and Tennessee Valley Authority (TVA). The new solar farm is the first of four solar production facilities the group plans to bring online in Tennessee. When the solar […]
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First Citizens Bank division CIT’s Power and Energy business is serving as coordinating lead arranger of construction financing for a major new solar energy project in Texas. Avantus (formerly 8minute) is the developer of the 147 MW DC solar power facility now under construction in Concho County, Texas. The project, known as Galloway 2, is […]
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Aspen Power Partners LLC, a distributed generation platform, has received a $350 million investment from funds managed by global investment firm Carlyle. The investment supports Aspen’s growth strategy targeting the community, multifamily, and commercial and industrial (C&I) solar and storage markets. To launch this strategy, Aspen has acquired Safari Energy LLC from PPL Corp. Founded […]
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EE North America, a renewable energy developer, has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states, with projects expected to start construction gradually between 2023-2025. “Our partnership with Elio Energy is another step forward in EE North America’s growth story. […]
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have issued three additional notices requesting public input on key climate and clean energy tax incentives in the Inflation Reduction Act. The trio of notices follows an initial set of notices requesting comment the Department issued in October. These notices are part of […]
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