Heliene has closed on a $54 million strategic equity investment from Transition Equity Partners (TEP) in collaboration with a consortium of limited partners, including affiliates of Hamilton Lane. The investment from TEP follows the $170 million in capital that Heliene raised last year from Orion Infrastructure Capital and several of Heliene’s customers. This capital infusion […]
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SolarBank plans to develop a 2.9 MW ground-mounted solar power project known as Silver Springs on a site located in Gainesville, N.Y. With a set site lease and interconnection study underway, the company expects to continue to work on completing the permitting process and securing the necessary financing for the project’s construction. The project is […]
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Runergy has commenced production at its solar module manufacturing facility in Huntsville, Ala. The facility, with an anticipated annual nameplate output of 2 GW, is set to fulfill its first customer orders next month. The launch event featured the symbolic signing of the first solar module off the production line by all employees. “We are […]
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energyRe says Google has signed a 12-year PPA to purchase renewable energy from a 435 MW solar project to be developed, owned and operated by energyRe. energyRe will supply electricity and renewable energy credits generated from the solar project to Google. The deal was facilitated through LEAP (LevelTen Energy’s Accelerated Process), which was co-developed by […]
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JBB Advanced Technologies (JBBAT) has signed a letter of intent to purchase Houston-based Proteus Power for an undisclosed amount. Proteus Power incorporates 15.5 GW of utility-scale renewable projects, including solar and battery energy storage systems. The projects also include independent system operators: ERCOT West, ERCOT Houston, ERCOT North, ERCOT South, Miso LA/MS, Miso Illinois, Miso […]
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Trinasolar has filed a complaint with the U.S. International Trade Commission (ITC) to prevent what the company says is Runergy and Adani Green Energy improperly importing and selling products that infringe two Trina patents relating to TOPCon solar cell technology. “Protecting the integrity of Trina’s TOPCon technology is critical,” says Steven Zhu, president of Trinasolar […]
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Origis Energy has secured a tax equity commitment from J.P. Morgan for the Golden Triangle I Solar + Storage project in Lowndes County, Miss., with initial funding made alongside the commitment. The agreement funds the completion of Golden Triangle I, a 200 MW solar project with 50 MW of battery storage under a PPA with […]
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Advantage Capital has committed to provide a $137 million investment to Sabanci Renewables, to complete financing for the 232 MW Oriana Solar Project. Located 120 miles southeast of San Antonio in Victoria County, Oriana is currently under construction and includes 425,000 solar modules to be installed on 1,100 acres. Operations are expected to commence next […]
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ContourGlobal has entered the U.S. renewables market with the acquisition of a 151 MW solar portfolio comprising two projects in South Carolina. Commercial operations for both projects are planned to start in 2029. The projects have signed long-term PPAs, and all grid interconnection studies had been completed at the time of the transaction. Both were […]
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Origis Energy has secured a tax equity commitment from J.P. Morgan for the Golden Triangle I Solar + Storage project in Lowndes County, Miss., with initial funding made alongside the commitment. The agreement funds the completion of Golden Triangle I, a 200 MW solar project with 50 MW of battery storage under a PPA with […]
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National Grid Renewables has executed a PPA with Microsoft for its Portage Solar Project, a 250 MW development located in Portage County, Wis. “It’s exciting to see business development and economic growth in our neighboring state of Wisconsin,” says Blake Nixon, president of National Grid Renewables. “Through our contract with Microsoft, we are providing Wisconsin […]
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Advantage Capital has committed to provide a $137 million investment to Sabanci Renewables, to complete financing for the 232 MW Oriana Solar Project. Located 120 miles southeast of San Antonio, Texas in Victoria County, Oriana is currently under construction and includes 425,000 solar modules to be installed on 1,100 acres. Operations are expected to commence […]
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