ENGIE North America has signed a PPA with Google to supply 90 MW from its Chillingham solar project in Bell County, Texas. This is the fifth renewable energy project under agreement between the two companies globally. To support its Texas operations, Google will purchase a portion of the 350 MW facility’s output, which is expected to […]
The post Google Signs PPA with ENGIE for Texas Solar Project appeared first on Solar Industry.
Swift Current Energy has closed tax equity financing with PNC Bank for its 138 MW Harvest Gold Solar project, located in Sunflower County, Miss. The company says that the project reached commercial operation this summer. Target Corp. is purchasing 100% of the energy and renewable energy credits produced by Harvest Gold. Target and Swift Current […]
The post Swift Current Wraps Up Funding for Mississippi Solar Project appeared first on Solar Industry.
The U.S. Department of the Treasury and the IRS have released final rules for the Advanced Manufacturing Production Credit, also known as Section 45X of the Internal Revenue Code, to spur continued growth of U.S. clean energy manufacturing. The credit aims to help to level the playing field for U.S. companies to on-shore production of […]
The post Treasury Releases Final Rules Backing U.S. Solar Manufacturing appeared first on Solar Industry.
GoodLeap has entered into an equity partnership with Tactical Infrastructure Partners (TIP) to acquire $1.5 billion of residential solar and storage products. The transaction is supported by debt financing from ATLAS SP Partners, which GoodLeap hopes will bolster its residential solar and storage lease and power purchase program. GoodLeap launched its lease and power purchase […]
The post Collaboration to Fund $1.5B of U.S. Residential Solar+Storage appeared first on Solar Industry.
Pine Gate Renewables has closed on a $288 million preferred equity investment with funds affiliated with Blackstone Credit & Insurance. The investment supports six solar projects across two states totaling 780 MW, backed by corporate offtake agreements. “Leading Pine Gate’s first preferred equity investment was a significant milestone for our team and the enterprise at […]
The post Pine Gate Nets Equity Position to Support 780 MW Portfolio appeared first on Solar Industry.
Enfinity Global has closed a $97 million structured credit facility with Nomura for a 608 MW portfolio of solar assets currently in operation or under construction spanning the CAISO, WECC and SERC markets. The asset-based credit facility provides development and construction financing for Enfinity’s development and ready-to-build projects, along with strategic refinancing for its operational […]
The post Enfinity Closes Financing to Acquire 608 MW of Solar appeared first on Solar Industry.
Recurrent Energy’s 134 MW Liberty Solar project, located near Houston, has reached commercial operation. Customers for the project include Autodesk, Biogen, EMD Electronics and Wayfair. Liberty Solar additionally expands energy capacity for the Midcontinent Independent System Operator (MISO) market. “Liberty Solar is a fantastic project that expands Recurrent Energy’s project ownership in MISO,” says Ismael […]
The post Recurrent Energy Puts Texas Solar Project into Operation appeared first on Solar Industry.
FTC Solar has inked a deal to supply Sandhills Energy with 1P Pioneer trackers for 1 GW of projects over three sites. The projects include a 448 MW project in Burt County, Neb., a 320 MW project in Cass County, Neb., and a 225 MW project in Butler County, Neb. “We’re looking forward to supporting […]
The post FTC Solar to Supply Projects for Sandhills Energy appeared first on Solar Industry.
Sunrun and Orange and Rockland Utilities (O&R) have activated what the companies call New York’s largest residential power plant, using 300 solar + storage systems. The Sunrun-managed plant was initiated by O&R and approved as a demonstration project by the New York State Public Service Commission. During the year-round program, Sunrun synchronizes the discharging of […]
The post Sunrun Builds, Operates New York Residential VPP in Partnership with O&R appeared first on Solar Industry.
The New Jersey Board of Public Utilities (NJBPU) has approved rules for and launched the Dual-Use Agrivoltaics Pilot Program, which is slated to incorporate solar panels on designated farmland. “The board’s action today marks a major milestone and further solidifies New Jersey as a national leader in solar development,” says Christine Guhl-Sadovy, NJBPU president. “Dual-use […]
The post NJBPU Launches State-Led Dual-Use Agrivoltaics Pilot Program appeared first on Solar Industry.
Texas-based solar panel installation company Southern Solar has sought a long-term funding partnership with Republic Business Credit. The terms of the $3 million factoring agreement are structured similarly to an asset-based loan, as the company is only being charged on their facility utilization, says Republic. The adjustment is expected to allow company executives to focus […]
The post Republic Business Credit Funds Southern Solar Growth appeared first on Solar Industry.
SB Energy Global’s Orion I, Orion II and Orion III solar projects (Orion Solar Belt), located in Milam County, Texas, have reached commercial operation. The projects total 875 MW and utilize 1.3 million modules, manufactured by First Solar at its Perrysburg, Ohio, facility. The 22,800 tons of structural steel for the project is sourced from […]
The post 875 MW Orion Solar Projects Commence Commercial Operation appeared first on Solar Industry.