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Recurrent Obtains Financing for First Oklahoma Solar Project

Recurrent Energy – Canadian Solar’s wholly owned subsidiary for global project development and power services – has secured $112 million in project financing for its 160 MW North Fork Solar project, located 100 miles southwest of Oklahoma City. NordLB acted as coordinating lead arranger and joint lead arranger. Rabobank acted as joint lead arranger. The […]

The post Recurrent Obtains Financing for First Oklahoma Solar Project appeared first on Solar Industry.

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Greenskies Clean Focus Doubles Solar Capacity for CT Town

The Town of Killingly, Conn., recently partnered with Greenskies Clean Focus, a developer and builder of renewable energy solutions, to install an additional 1 MW solar at Killingly High School. Over the last four years, Greenskies has installed over 2 MW of solar across eight solar arrays at five facilities around town, ranging from the […]

The post Greenskies Clean Focus Doubles Solar Capacity for CT Town appeared first on Solar Industry.

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Mountain Regional Water Picks Ameresco for Floating Solar

Mountain Regional Water Special Service District, a special service district of the state of Utah that serves drinking water to the Snyderville Basin area of Park City, Utah, has awarded Ameresco Inc., a cleantech integrator specializing in energy efficiency and renewable energy, a contract to design and install a floating solar photovoltaic array site. This […]

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Avangrid Project Aims to Improve Transmission Utilization

Avangrid Inc., a sustainable energy company and part of the Iberdrola Group, has partnered with LineVision Inc. on a pilot project to unlock additional capacity on its transmission lines for renewable energy in New York state. The project will deploy advanced monitoring for overhead transmission lines in the area of Hornell, N.Y., with the goal […]

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Greenskies Clean Focus Doubles Solar Capacity for Killingly, Conn.

The Town of Killingly, Conn. partnered with Greenskies Clean Focus, a developer and builder of renewable energy solutions, to install an additional 1 MW solar at Killingly High School. Over the last four years, Greenskies has installed over 2 MW of solar across eight solar arrays at five facilities around town, ranging from the smallest, […]

The post Greenskies Clean Focus Doubles Solar Capacity for Killingly, Conn. appeared first on Solar Industry.

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Treasury Department, IRS Unveil Proposed Guidance on Inflation Reduction Act

The U.S. Treasury Department and the Internal Revenue Service (IRS) have released proposed rules and FAQs on key provisions in the Inflation Reduction Act to ensure clean energy jobs are good-paying jobs and that the country is preparing a diverse pipeline of workers to maximize the opportunities created by the Inflation Reduction Act’s investments. The […]

The post Treasury Department, IRS Unveil Proposed Guidance on Inflation Reduction Act appeared first on Solar Industry.

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Peregrine Energy, AB CarVal Ink $700 Million Financing Deal

Colorado-based Peregrine Energy Solutions LLC, an integrated multi-technology clean energy platform with a focus on utility-scale energy storage, has signed an agreement with funds managed by global alternative investment manager AB CarVal to raise over $700 million of credit, equity and debt to finance Peregrine’s pipeline of over 7 GW of projects, including standalone battery, […]

The post Peregrine Energy, AB CarVal Ink $700 Million Financing Deal appeared first on Solar Industry.

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Grant Program Has $300 Million to Speed Transmission Siting, Permitting

To help meet the Biden-Harris administration’s climate and clean energy goals, the Energy Department (DOE) will disburse up to $300 million in grants for states, tribes and local governments to accelerate and strengthen electric transmission siting and permitting processes. Supported by the Inflation Reduction Act and administered by DOE’s Grid Deployment Office, the Transmission Siting […]

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SunVest Solar Obtains $60 Million in Financing

SunVest Solar LLC, an independent, vertically integrated renewable energy business headquartered in Chicago and Milwaukee, has closed on a $60 million construction loan facility. The construction loan facility will support the ongoing construction of up to 50 MW DC of community solar assets across Illinois, Maine and Minnesota through the remainder of 2023 and into […]

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Pilot Project Aims to Increase Solar, Preserve Farm Land

Alongside project partners Connexus Energy and U.S. Solar, the U.S. Department of Agriculture (USDA), Great Plains Institute (GPI) and Big River Farms are collaborating on Solar Farmland Access for Emerging Farmers demonstration projects. This pilot project is researching how solar energy development can be increased while also preserving agricultural land. Funded by the Mortenson Family […]

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SunVest Solar Obtains $60 Million Financing Facility

SunVest Solar LLC, an independent, vertically integrated renewable energy business headquartered in Chicago and Milwaukee, has closed on a $60 million construction loan facility. The construction loan facility will support the ongoing construction of up to 50 MW DC of community solar assets across Illinois, Maine and Minnesota through the remainder of 2023 and into […]

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SDG&E Tests Virtual Power Plant to Meet Grid Demands

As record high temperatures scorch the West and continue to strain the power grid, San Diego Gas & Electric (SDG&E) is piloting the virtual power plant (VPP) concept to reduce energy demand and put electricity back on the grid during peak hours – all through leveraging the capabilities of customer-owned smart thermostats, rooftop solar, energy […]

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