Spruce Finance, a private owner and operator of distributed generation solar and residential energy assets in the U.S., has completed its second-largest acquisition to date. The purchase of 3,668 rooftop solar assets totaling 27.6 MW from Greenbacker Renewable Energy Co. expands Spruce’s solar portfolio to more than 200 MW, further solidifying the companies position in […]
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PosiGen, a residential solar, energy efficiency and energy education provider for low-to-moderate-income families, has revealed a new debt facility originated by the Ares Infrastructure and Power team and provided by Ares-managed funds and accounts. Along with the Connecticut Green Bank, the combined $100 million facility will increase PosiGen’s ability to provide solar systems and energy […]
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A new report from Navigant Research provides a database of global energy storage projects, along with a regional analysis of technology choice, capacity and market share for deployed projects and projects in the pipeline. Regulatory policy, government incentives, deployment mandates, grid modernization programs and declining technology costs created market conditions in which hundreds of energy […]
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Tokio Marine HCC, a specialty insurance group, has signed a purchase agreement to acquire managing general agent GCube, a renewable energy risks specialist. The transaction, which is subject to regulatory approval and other customary closing conditions, is expected to close in the second quarter. GCube is an underwriter of renewable energy, covering wind, solar, bio, […]
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Berkeley Lab, a company that tracks and analyzes solar-adopter demographic characteristics, has released a report describing income trends among single-family residential solar adopters. The annual report, ‘Income Trends among U.S. Residential Rooftop Solar Adopters,’ describes income trends of residential solar adopters over time and across geographies. The report is based on household-level income estimates for […]
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Aurora Solar, a company that creates software for residential and commercial solar design, is the first company to formally receive the California Energy Commission’s (CEC) certification as an approved solar assessment tool for solar access verification for new home construction. California’s updated 2019 Building Energy Efficiency Standards (Title 24, Part 6) requires all new construction […]
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Grasshopper Solar, a developer and asset owner headquartered in Canada, has acquired a 278 MW DC portfolio of solar projects in Pennsylvania from Glidepath Ventures, a clean energy-focused development and investment firm. Once operational, the portfolio will nearly double the amount of solar assets currently operating in Pennsylvania. Glidepath Ventures originated the distributed generation portfolio […]
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Duke Energy Florida says it has installed its one-millionth solar panel in the state at the company’s Columbia Solar Power Plant in Fort White, Fla. Duke Energy Florida plans to install a significant amount of additional solar energy across the state over the next 10 years. The company will have a total of almost 515 […]
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Karamba Security, a company that specializes in embedded cybersecurity for connected devices, says it has signed a production agreement for its XGuard software with SolarEdge. As a global PV inverter manufacturer with more than 1.25 million connected sites and more than 14 GW of PV systems worldwide, SolarEdge places importance on protecting its connected inverters […]
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The Charlotte City Council says it has voted to participate in the Duke Energy Green Source Advantage (GSA) Program, which will enable the City of Charlotte to move forward with a 35 MW, utility-scale solar energy project. Charlotte’s participation in the program makes it the nation’s most populous city to acquire new renewable energy through […]
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Governor Andrew M. Cuomo says he is advancing a 30-day budget amendment to speed up the permitting and construction of renewable energy projects, combat climate change and grow the state’s green economy. If adopted, the Accelerated Renewable Energy Growth and Community Benefit Act will create a new Office of Renewable Energy Permitting to improve and […]
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REC Group, an international solar energy company, says it has started to produce the 72-cell REC Alpha Series solar panel. The company claims the REC Alpha 72 Series will be the world’s most powerful 72-cell panel available on the market, reaching 450 Wp with a module efficiency of 21.3%, ensuring higher energy yields to drive […]
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