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Martin McDermut Leads Financial Operations for Solar Integrated Roofing

Solar Integrated Roofing Corp. (SIRC), an integrated, single-source solar power, roofing systems installation and EV charging company, has named Martin McDermut as its CFO. He brings more than 30 years of financial leadership to SIRC, with a track record in strategic and financial planning, business development, mergers and acquisitions, and SEC reporting for NASDAQ-listed technology […]

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Leeward Completes Construction of 100 MW Rabbitbrush Solar Facility

Leeward Renewable Energy (LRE) has completed construction and commenced operations of its 100 MW Rabbitbrush Solar Facility, located in Kern County, Calif., which also includes a 20 MW, 50 MWh battery energy storage system. The energy generated by the project will serve two not-for-profit, community-owned electricity providers, Central Coast Community Energy (CCCE) and Silicon Valley […]

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N.Y. Report Shows Clean Energy Jobs Help Economic Recovery for State

The number of individuals with clean energy jobs in New York State reached a record level of 165,000 workers at the end of 2021, Gov. Kathy Hochul states, helping to lead New York’s COVID-19 economic recovery by recouping the clean energy jobs lost in 2020 and exceeding pre-COVID-19 clean energy employment levels by 1,300 jobs. […]

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Alchemy Sells Solar Portfolio to Activate Renewables Across Two States

Activate Renewables, an acquirer of real estate and royalty interests in wind, solar and energy storage, has closed on the purchase of a renewable energy real estate portfolio owned by Alchemy Renewable Energy. The portfolio consists of the real estate related to five solar projects located across North Carolina and Texas. Terms of the deal […]

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Operations Begin on National Grid Renewables’ 275 MW Noble Solar Project

National Grid Renewables has started commercial operations at its Noble Solar and Storage Project in Denton County, Texas. Noble is a 275 MW solar and 125 MWh energy storage project located in the Electric Reliability Council of Texas (ERCOT) market that began construction last year. “With the start of operation at our Noble project, National […]

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Corporate Solar Agreements Comprise 14 Percent of U.S. Market

Led by tech and retail giants, American companies are installing record levels of solar to power their operations and now account for 14% of all installed solar capacity in the United States, according to the Solar Means Business 2022 report from the Solar Energy Industries Association (SEIA). The report, which tracks and analyzes commercial solar […]

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Leeward Receives $420 Million in Financing for Big Plain, Oak Trail Solar Facilities

Leeward Renewable Energy (LRE) has closed approximately $420 million in construction to term financing from MUFG Bank Ltd. and a $195 million tax equity commitment from Wells Fargo for its Big Plain Solar Facility located in London, Ohio and its Oak Trail Solar Facility located near Moyock, N.C. MUFG served as the green loan structuring […]

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EDPR Sunseap, Archwey Sign MOU for Recycled Plastic in Floating Solar Projects

EDPR Sunseap, the Asia Pacific platform of EDP Renewables, has signed a memorandum of understanding with PlasticBean, which is part of the Archwey sustainable materials engineering group. The MOU purpose is to explore the use of plastic that is 100% recycled in future floating photovoltaic solar farm projects in Indonesia, Singapore and South Korea. The […]

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Bravo Infrastructure Acquires Radiance Solar EPC Contractor

Bravo Infrastructure Group LLC (BIG) has acquired Radiance Solar LLC, a commercial and industrial (C&I) solar engineering, procurement and construction (EPC) contractor in the southeastern United States, through a capital partnership with Orion Infrastructure Capital (OIC). Since 2007, Radiance has installed over 125 MW of solar across ground mounts, rooftops and canopies, including systems with […]

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Hawaiian Electric Chooses Seven Community Solar Projects on Three Islands

Hawaiian Electric has selected seven solar projects on Oahu, Hawaii Island and Maui to be the first on each island to offer the shared solar program (also known as community-based renewable energy or CBRE) to help lower the electric bills of customers who meet low- and moderate-income (LMI) levels and are unable to install privately-owned […]

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Enel Introduces Clean Energy Retail Business in Deregulated States

Enel North America, an Enel Group subsidiary, has launched its retail energy business in select deregulated U.S. states, starting with Texas. The move enables commercial and industrial (C&I) organizations to purchase competitively priced renewable energy directly from Enel’s generation assets, allowing them to advance their net-zero and sustainability goals without having to make the long-term […]

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Swell Energy Raises Funds for Solar, Battery VPP Program

Swell Energy has raised $120 million to further its virtual power plant (VPP) programs. The round was led by SoftBank Vision Fund 2 and Greenbacker Development Opportunities Fund I LP, with participation from an Ares Infrastructure Opportunities fund and Ontario Power Generation Pension Fund. The funding will support Swell’s development of 600 MWh of VPPs […]

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