Empact Technologies, a clean energy tax incentive management software and services company, has launched its new platform designed to maximize the impact of clean energy project incentives under America’s Inflation Reduction Act (IRA). Empact also signed an agreement with Stella Energy Solutions, a utility-scale solar and storage developer in Houston. Stella will use the Empact […]
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Matrix Renewables, the TPG Rise-backed global renewable energy platform, has acquired a controlling interest in the Pleasant Valley Solar Project from rPlus Energies. Located in Idaho, the 200 MW AC / 261 MW DC solar project will deliver energy to the Idaho Power system. Specifically, output will go into the same grid that supports Meta’s […]
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To support Invenergy Renewables Operating I LLC (IROI) and its parents’ growing project development pipeline, Natixis Corporate & Investment Banking (Natixis CIB) recently closed a $1.5 billion sustainability-linked revolving credit facility. This financing upsizes the existing $600 million working capital facility of IROI with the support of existing lenders and several new lenders joining the […]
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Sunrun customers in California have begun to share the excess solar energy they are generating on their rooftops with their neighbors, increasing grid resiliency during critical months of peak energy consumption. Through an exclusive partnership with Pacific Gas and Electric Company (PG&E), Sunrun, a residential solar, battery storage and solar energy-as-a-service provider, quickly reached maximum […]
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Renewable Properties, a developer and investor in small-scale utility and community solar projects throughout the United States, has closed its $53.5 million Fund 9 portfolio. The Fund 9 closing expands Renewable Properties’ successful relationships with tax equity investor SOLCAP and project lending partners 1st Source Bank and West Town Bank & Trust. Fund 9 includes […]
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SunPower Financial, the in-house financial services institution of SunPower – a residential solar technology and energy services provider – has entered into an agreement in principle with ADT Solar, a division of ADT Inc., to become the exclusive lease and PPA provider for ADT Solar’s customers. Through this agreement, ADT Solar expects to begin offering […]
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Leeward Renewable Energy (LRE), a renewable energy developer and independent power producer, and Nextracker, a specialist in utility-scale solar tracker and software optimization technology, have signed a volume commitment agreement to deliver 3 GW of Nextracker’s NX Horizon smart solar tracking system to LRE solar projects under development and construction through 2027. This is the […]
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Community-based, not-for-profit public power utility Salt River Project (SRP) and Clenera, an Enlight company, have executed a power purchase agreement for an additional 394 MW AC – or 475 MW DC – of clean energy at CO Bar Solar outside of Flagstaff, Ariz. This is the second agreement between Clenera, a developer, builder, owner and […]
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DMEGC Solar and TUV SUD have signed a strategic cooperation agreement to pursue carbon-neutralization and zero-carbon factories. The two sides will leverage their respective advantages in the construction of zero-carbon factories, carbon-neutralization and other aspects of in-depth cooperation, striving to obtain the certification of DMEGC Solar’s first zero-carbon factory in October and complete carbon inspections […]
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Emeren Group Ltd., a global solar project developer, owner and operator, recently sold an 11.5 MWp PV project to energy company MET Group, headquartered in Switzerland. The project was sold at the ready-to-build (RTB) stage, and MET Group will complete the construction and operate the power plant. This is the first project developed to RTB […]
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Babcock & Wilcox Solar Energy Inc. – a subsidiary of Akron, Ohio-based Babcock & Wilcox Enterprises Inc. – has been awarded contracts totaling more than $20 million by Summit Ridge Energy LLC for the engineering, procurement and construction (EPC) of 25 MW of community solar energy projects in Illinois. B&W has successfully executed multiple projects […]
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The White House Council on Environmental Quality (CEQ) has released its Bipartisan Permitting Reform Implementation Rule, a proposed rule that includes streamlining of permitting and environmental reviews for solar and transmission projects on federal lands under the National Environmental Policy Act (NEPA). Sean Gallagher, senior vice president of policy for the Solar Energy Industries Association […]
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