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Ameresco, PEI Energy Corp. Develop Solar Microgrid Project for Prince Edward Island

Ameresco Inc., a cleantech integrator specializing in energy efficiency and renewable energy, has been awarded the Slemon Park Microgrid project in Canada, which it will develop in collaboration with Prince Edward Island (PEI) Energy Corp. The two will work collaboratively with the Slemon Park Corp. to utilize the park’s infrastructure to implement the microgrid. It […]

The post Ameresco, PEI Energy Corp. Develop Solar Microgrid Project for Prince Edward Island appeared first on Solar Industry.

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MidAmerican Looking to Add 50 MW of Solar Power in Iowa

MidAmerican Energy is planning a $3.9 billion renewable energy project in Iowa, including wind and solar generation, and the exploration of new technologies to advance the company’s transition to net-zero greenhouse gas emissions. In a filing with the Iowa Utilities Board, MidAmerican’s proposed project, called Wind PRIME, would add 2,042 MW of wind generation and […]

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Verizon Purchases Up to 640 MW of Renewable Energy from Leeward

Leeward Renewable Energy has entered into 15-year renewable energy purchase agreements (REPAs) with Verizon Communications. Verizon will purchase the energy generated from four of Leeward’s wind and solar projects under development: Blackford County Wind, Horizon Solar, White Wing Ranch Solar projects, and an 80 MW wind project in development with details to come. In aggregate, […]

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Partnership Invests in Large Solar and Battery Storage Resources

Napier Park Global Capital and Ethical Power Group have formed a joint venture, Lynher Energy, which will invest in large-scale solar and battery storage assets in the U.K. and Europe Ethical Power will act as servicer to the joint venture, including the provision of services relating to development, construction, operations and maintenance, and asset management. […]

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Vanderbilt, NES, TVA and Silicon Ranch Construct Tennessee Solar Farm

Vanderbilt University, Tennessee Valley Authority (TVA), Nashville Electric Service (NES), Duck River Electric Membership Corp. (DREMC) and Silicon Ranch Corp. broke ground on a new solar farm that is now under construction in Bedford County, Tenn. The 35 MW AC Vanderbilt I Solar Farm is expected to begin producing power before the end of 2022, […]

The post Vanderbilt, NES, TVA and Silicon Ranch Construct Tennessee Solar Farm appeared first on Solar Industry.

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Cordelio Power Acquires New York Project Portfolio from SunEast

Cordelio Power has acquired a 900 MW AC pipeline of utility-scale solar projects from SunEast Renewables LLC. The projects are located primarily in New York, including over 600 MW AC of projects fully contracted under 20-year agreements with the New York State Energy Research Authority (NYSERDA). The remainder of the portfolio comprises early-stage projects located […]

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Appalachian Power Issues RFP for 1,100 MW of Renewable Energy

Appalachian Power has issued a new request for proposals (RFP) for up to 1,000 MW of wind and 100 MW of solar generation resources with optional battery energy-storage systems. The proposals will help the company meet the renewable energy requirements established by Virginia’s Clean Economy Act (VCEA).  Under the VCEA, Appalachian Power must meet annual […]

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CS Energy Develops Over 150 MW of Solar Tracker Projects in Four Northeast States

CS Energy, an integrated energy firm that designs and builds optimized projects in the solar, storage and emerging energy industries, has reached a milestone in its continued growth in the Northeast by providing full turnkey EPC services for over 150 MW of solar tracker projects in New York, Pennsylvania, Maryland and Connecticut. The six most […]

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Standard Solar Obtains an Additional Community Solar Project in Maryland

Standard Solar Inc. has acquired the 2.9 MW Klees Mill community solar project in Carroll County, Md., from developer partners Ogos Energy LLC and Earth and Air Technologies. This most recent project marks a total of about 10 MW acquired and being implemented in Carroll County with these developer partners. “Approximately 5 percent of Maryland’s […]

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EIA: Solar Power Generation Has Grown 20-Fold in Last 10 Years

The U.S. Energy Information Administration’s (EIA) January Short-Term Energy Outlook (STEO) forecasts that rising electricity generation from renewable energy resources such as solar and wind will reduce generation from fossil fuel-fired power plants over the next two years. The forecast share of generation for U.S. non-hydropower renewable sources is expected to grow from 13% in […]

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Corporate Funding for Solar Sector Nearly Doubled in 2021

Mercom Capital Group‘s annual report on funding and merger and acquisition (M&A) activity for the solar sector shows that total global corporate funding – including venture capital and private equity (VC), debt financing and public market financing – was $27.8 billion in 2021, representing a 91% increase compared to the $14.5 billion raised in 2020. […]

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Corporate Funding for Solar Sector Rose 91% with $27.8 Billion in 2021

Mercom Capital Group llc, a global clean energy communications and consulting firm, has released its annual report on funding and merger and acquisition (M&A) activity for the solar sector in 2021. Total corporate funding across the globe in the solar sector, including venture capital and private equity (VC), debt financing, and public market financing, came […]

The post Corporate Funding for Solar Sector Rose 91% with $27.8 Billion in 2021 appeared first on Solar Industry.