Arevon Energy has secured $1.1 billion in aggregate financing commitments for its Eland 2 solar-plus-storage project in Kern County, Calif. The 374 MW solar project coupled with 150 MW of energy storage is under early-stage construction and is anticipated to come online early next year. “Solar-plus-storage projects, like our flagship Eland 1 and 2 facilities, […]
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Chevron U.S.A. division Chevron New Energies has announced it is developing a 5 MW hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilizing solar power, land and non-potable produced water from Chevron’s existing assets at the Lost Hills Oil Field in Kern County, Calif. The company says […]
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Brookfield subsidiary Evolugen has announced that commercial operations have begun at its Spring Coulee Solar Project, the company’s first utility-scale solar facility in Alberta. The 42 MW solar farm, located northeast of Cardston, is expected to generate up to 70 GWh annually. The company says the project was completed on time and within budget following […]
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Arevon Energy has secured $1.1 billion in aggregate financing commitments for its Eland 2 solar-plus-storage project in Kern County, Calif. The 374 MW solar project coupled with 150 MW off energy storage is under early-stage construction and is anticipated to come online early next year. “Solar-plus-storage projects, like our flagship Eland 1 and 2 facilities, […]
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SolaREIT has closed on a revolving credit facility with Atlantic Union Bank (AUB), providing the company with an additional $30 million of liquidity and allowing it to scale the business. The Virginia-based company provides developers and landowners with capital solutions for solar or battery storage development on their land. It is the second revolving credit […]
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Onyx Renewable Partners and Sol Systems have reached an agreement for the purchase and sale of a 24 MW solar and storage portfolio spread across five states. Sol originated and developed the portfolio’s eight distributed generation solar and storage projects located in California, Illinois, Maryland, Massachusetts and New York. Post-acquisition, Onyx will finance, build, own […]
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American Electric Power (AEP) has completed the sale of its 50% interest in New Mexico Renewable Development (NMRD) to Exus North America Holdings, netting approximately $104 million in the deal. The sale portfolio includes nine operating solar developments totaling 185 MW and six projects under development with an estimated 440 MW output. AEP began the […]
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EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for a portion of its Bonanza Solar and Storage project located in Clark County, Nev., which has a total 300 MW PV system and 195 MW 4-hour BESS. The company has guaranteed delivery to SCPPA’s participating members, Pasadena Water […]
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Canadian Solar subsidiary Recurrent Energy has closed non-recourse project financing for its 119 MW Horus Solar project in Mexico’s Aguascalientes region, funded by Korea Eximbank and KEB Hana Bank. The project reached commercial operations last March and has been operating since. It was awarded a PPA during Mexico’s third renewables auction, through which it will […]
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Anza has introduced capabilities on its platform that the company says gives buyers the ability to organize and rank the varied aspects of equipment required to select the ideal modules for a given project. The platform’s offering is aimed at developers, IPPs and EPCs with what the companies claims is a more granular set of […]
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GameChange Solar (GCS) has announced that internal testing indicates its Genius Tracker drive system carries an expected 40-year design life with no foreseeable maintenance requirements. The system was tested as part of the company’s 40-year accelerated life cycle testing for the entire Genius Tracker structure, performed in conformance with the Accelerated Mechanical Cycling section of […]
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BayWa r.e. and Ampt have deployed a combination of wind and solar generation together with battery storage within the microgrid at the Fraunhofer Institute for Chemical Technology (ICT) campus in Pfinztal, Germany. BayWa r.e. installed three rooftop arrays and one ground-mounted system with a total capacity of 690 kWp to expand onsite energy utilization. The […]
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