Summit Ridge Energy and HASI have closed a $309 million back-leveraged term loan on a portfolio of 80 operating community solar projects.  The 216 MW portfolio, built by Summit Ridge, includes ground-mount and rooftop community solar projects throughout Illinois and Maryland.  “We’re thrilled to partner with Bank of America, Nomura Securities International, Prudential Private Capital […]

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NorthStar Clean Energy has opened Newport Solar, a 180 MW project designed to source renewable electricity for General Motors’ operations in the Midcontinent Independent System Operator (MISO) territory. The single-axis photovoltaic project is located in Arkansas. “NorthStar is committed to helping our customers reach their sustainability and business goals and the Newport Solar project demonstrates […]

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Standard Chartered has closed on a six-year, $235 million non-recourse senior secured term green loan facility to fund the development, construction and operation of a 1.35 million square foot PV manufacturing plant in Wilmer, Texas, for Trinasolar. Standard Chartered was the sole lead structuring bank and bookrunner for the financing and acted as green loan […]

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JERA Nex has acquired two solar projects from Lightsource bp: the 300 MW Oxbow solar farm in Louisiana, and the 95 MW Happy solar farm in Arkansas.  Both projects are in commercial operation. The Happy project has a long-term PPA with Conway Corp, the city-owned utility system in Conway, Ark. Oxbow has long-term PPAs with […]

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Origis Energy has closed on $71 million in tax equity financing with U.S. Bancorp Impact Finance for its 75 MW Rice Creek Solar project in Putnam County, Fla. The project is contracted with the Florida Municipal Power Agency (FMPA) for 12 of their participating member municipal utilities. “U.S. Bank’s expertise and commitment to the renewable […]

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The U.S. Department of Energy (DOE) is set to invest $2.2 billion in the nation’s grid for eight projects across 18 states, with the aim of protecting the infrastructure against extreme weather threats, lowering costs for communities, and catalyzing additional grid capacity to meet load growth. Funded by the Bipartisan Infrastructure Law’s Grid Resilience and […]

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More than 520 solar installations have been enrolled in Tigo Energy‘s Green Glove program, which aims to provide support and resources through the solar system installation process for C&I installers.  The program includes a design review before installation. During installation, company personnel remain accessible at regional locations. After installation, the company says its support team […]

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RNWBL and SOLARCYCLE have partnered on recycling solar panels under RNWBL’s operations.  RNWBL, an O&M provider for wind, solar and battery storage projects, also decommissions aged solar assets across North America. This year, the company expects to recycle 200,000 modules. “RNWBL is excited to partner with SOLARCYCLE to enhance our comprehensive turn-key solutions for project […]

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Bridge Renewable Energy, Solaris Energy and WATTMORE have closed on 1.8 MW of solar and storage projects across multiple facilities on the Rincon Reservation in San Diego County, Calif.  Solaris Energy and WATTMORE co-developed the project and used combined incentives from the Inflation Recovery Act, with the intention of maximizing the economics and impact for […]

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SunPower has entered into an asset purchase agreement, with Complete Solaria serving as stalking horse buyer for the assets associated with SunPower’s Blue Raven Solar business, new homes business and non-installing dealer network.  The company and certain subsidiaries filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. Subject to court […]

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Flint Hills Resources is planning to build its second company-owned solar installation to assist powering its U.S. refinery operations.  The 27 MW installation would provide electricity to the company’s Corpus Christi West refinery, which produces jet fuel, diesel and gasoline. The company says the project is the first in Texas to provide onsite, self-generated electricity […]

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BrightNight has received a $440 million strategic investment from the Infrastructure business at Goldman Sachs Alternatives. The investment, along with existing capital commitments, is expected to fund the company’s execution of its 31 GW renewables project portfolio. The transaction is expected to close in next month. “BrightNight was founded on a unique combination of strengths […]

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