energyRe has raised a $1.2 billion capital package to support the expansion of its large-scale renewable portfolio. The portfolio, comprising utility-scale transmission and storage, onshore wind and solar generation, as well as offshore wind, will leverage these investments to advance its stated mission of decarbonizing U.S. cities. “energyRe’s world-class renewable energy portfolio and team have […]

The post energyRe Raises $1.2 billion to Expand U.S. Project Portfolio appeared first on Solar Industry.

Enfinity Global has closed €118 million in financing for the construction of 101 MW in four utility-scale solar power plants located in the Lazio, Italy, region.   UniCredit, BayernLB and Siemens Financial Services through Siemens Bank acted as mandated lead arrangers for each project financing through a club deal structure. The financing will provide €77 million […]

The post Enfinity Global Secures Financing for Four Utility-Scale Solar Plants  appeared first on Solar Industry.

Secure Solar Future has signed a 25-year solar PPA with Mountain Empire Community College to develop a 777 kW solar power system on its campus in Big Stone Gap, Va.  Secure Solar Futures will install a total of 1,679 panels manufactured by Jinko Solar at two locations. Dalton-Cantrell Hall will host 117 kW of solar […]

The post Secure Solar Future Signs PPA with Mountain Empire Community College  appeared first on Solar Industry.

Five Chicagoland counties, nonprofit advocates and solar professionals have joined to educate consumers on how they can install discounted solar panels, the Citizens Utility Board (CUB) says. The Solar Switch program, formerly called Grow Solar Chicagoland, is a partnership among Cook, DuPage, Kane, Lake and Will counties, along with nonprofits CUB and the Midwest Renewable […]

The post Partners Launch Solar Switch Program in Chicagoland  appeared first on Solar Industry.

PowMr has launched its SOLXPOW Energy Storage Inverters series, designed for both residential and commercial scenarios.  The X1 residential series are available in variants ranging from 3 kW to 8 kW, with a 97.6% maximum efficiency, 15 A PV input current, and a 30 A charge/discharge capacity, says the company.  The X2 residential series, with […]

The post PowMr Launches Four Energy Storage Inverters Series appeared first on Solar Industry.

SB Energy has secured a combined $2.4 billion aimed at supporting communities with domestically produced renewable energy.  Working with J.P. Morgan, Bank of America, Morgan Stanley Renewables and Truist Bank, SB Energy closed approximately $800 million in tax equity. Working with MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank and Société Générale, the company […]

The post SB Energy Secures $2.4 Billion for Domestic Energy Projects appeared first on Solar Industry.

The New York State Energy Research and Development Authority (NYSERDA) today announced the launch of expedited renewable energy solicitations as part of the state’s plan to bolster its large-scale renewable industry.  The solicitations, initially announced by New York governor Kathy Hochul earlier this month, are open to all project developers. As part of these solicitations, […]

The post NYSERDA Opens Expedited Renewable Solicitations for Large-Scale Projects  appeared first on Solar Industry.

Sol Systems has announced the addition of its new CTO, Scott Day.  Day previously spent 11 years as the CTO for music tech company SoundExchange. Prior to SoundExchange, Day led the technology team behind The Motley Fool. He will focus on scaling Sol Systems’  technology and customer offerings.  “We are excited to have Scott expand […]

The post Sol Systems Announces New CTO appeared first on Solar Industry.

Summit Ridge Energy has acquired 19 community solar projects, located across Virginia, totaling 100 MW.  The portfolio was obtained from seven partners, including Apex Clean Energy, ESA Solar, ForeFront Power, New Leaf Energy, RWE Clean Energy and SolAmerica Energy. The acquisitions were made by Summit Ridge’s joint venture with Osaka Gas USA, a subsidiary of […]

The post Summit Ridge Adds 19 Solar Projects to Portfolio appeared first on Solar Industry.

Primergy has closed commitments for $300 million in debt finance and tax equity investment for the 100 MW AC Prairie Mist Solar Project in Ashley County, Ark. The Prairie Mist project debt financing includes a tax equity bridge loan, construction/term debt and a letter of credit facility. The debt facilities are led by Norddeutsche Landesbank […]

The post Primergy Closes Debt Financing Round for Prairie Mist Project appeared first on Solar Industry.

More than 2 GW of community solar, enough to serve 393,000 homes, have been installed in New York. This milestone contributes to 5 GW of total distributed solar operating across the state, with 3.3 GW in development. It also marks New York’s progress towards achieving its Climate Leadership and Community Protection Act goal of installing […]

The post New York Marks 2 GW of State Community Solar appeared first on Solar Industry.

Waaree Energies has so far supplied 850 MW of solar PV modules for projects in the U.S. being developed by Acciona Energia as part of an ongoing partnership.  Waaree delivered its monocrystalline passivated emitter and rear cell panels to four Acciona Energia projects: 56 MW in Fort Bend, Texas; 129 MW in High Point, Ill.; […]

The post Waaree Supplies PV Modules for Acciona Energia U.S. Projects appeared first on Solar Industry.