Wasatch Energy Group and sonnen have committed to deploying a series of residential virtual power plant (VPP) projects in California.  The Wasatch California VPP Fleet I and II will outfit some 3,000 residential apartment homes with solar generation and sonnen intelligent battery energy storage. In aggregate, the project is set to become the largest apartment-community-based […]

The post Wasatch Energy Group, sonnen Launch VPP Projects in California appeared first on Solar Industry.

First State Investments (FSI), a global investor in infrastructure, and Energy Capital Partners (ECP), a power and renewables private equity investor, say FSI is acquiring a 40% stake in Terra-Gen from ECP. The terms of the agreement were not disclosed. Terra-Gen, based in New York, develops, constructs and operates utility-scale wind, solar, energy storage and […]

The post FSI Acquires Stake in Terra-Gen from ECP appeared first on Solar Industry.

SunPower and Maxeon Solar Technologies have completed the strategic transaction announced last November, separating into two independent public companies.  “Now is the right time for this strategic spin-off, allowing both SunPower and Maxeon to invest in key programs to drive their future profitable growth,” says Tom Werner, chairman and CEO of SunPower.  “Solar power is […]

The post SunPower, Maxeon Complete Spin-Off Transaction appeared first on Solar Industry.

Newly established Carlyle Group affiliate Acadia Renewable Energy LLC has acquired a portfolio of solar development projects in Maine from global solar independent power producer BNRG. The portfolio comprises eight solar projects across southern Maine. The projects will sell power to Central Maine Power and Versant Power under 20-year power purchase agreements. Once built, the […]

The post Carlyle Group Acquires Maine Solar Development Portfolio appeared first on Solar Industry.

Emerson has agreed to acquire Open Systems International Inc. (OSI Inc.) for $1.6 billion in an all-cash transaction. OSI Inc. is an operations technology software provider that broadens and complements Emerson’s software portfolio and ability to help customers in the global power industry. Digitization is critical for the power industry to modernize and improve the […]

The post Emerson Acquires OSI appeared first on Solar Industry.

Duke Energy Florida says it plans to add three battery energy storage sites to enhance power quality, reliability and critical services during outages. They will be located at Duke Energy’s Lake Placid Solar Power Plant in Highlands County, John Hopkins Middle School in Pinellas County, and southwest of Gainesville in Alachua County. The sites will […]

The post Duke Energy Florida to Add Three Battery Storage Sites appeared first on Solar Industry.

Raptor Maps, a solar software company, has raised a $5 million Series A, co-led by Blue Bear Capital, Data Point Capital and Buoyant Ventures.  Other participants include notable clean energy investors Congruent Ventures, Powerhouse Ventures and the Massachusetts Clean Energy Center, along with Y Combinator. Raptor Maps solves major growing pains for solar project finance, […]

The post Raptor Maps Raises Funds for Solar Software appeared first on Solar Industry.

Leyline Renewable Capital, a provider of pre-construction capital for renewable energy development, has entered into a financing arrangement with Core Solar LLC, a developer of utility-scale, de-risked solar energy projects.  Under the terms of the deal, Leyline will provide development-stage capital to support development of 600 MW of utility-scale solar projects representing a portion of […]

The post Leyline, Core Solar Partner to Develop Utility-Scale Solar Projects appeared first on Solar Industry.

Verizon Communications Inc. has entered into four more long-term renewable energy purchase agreements (REPAs) totaling more than 450 MW of renewable energy capacity as part of its commitment to be carbon neutral in its operations by 2035.  These agreements, which are virtual power purchase agreements, will help finance the repowering of wind energy facilities and […]

The post Verizon Enters Into Four Long-Term REPAs appeared first on Solar Industry.

Electriq Power, a developer of intelligent and integrated home energy storage, management and monitoring solutions, has added the PowerPod LFP, a high-performance, cobalt-free model, to its family of PowerPod residential battery systems. Electriq’s newest addition to the product line comes amid growing demand for longer-lasting, more sustainable battery alternatives. The non-toxic, non-hazardous solution features lithium-iron-phosphate […]

The post Electriq Power Introduces the PowerPod LFP appeared first on Solar Industry.

POWERHOME SOLAR, a company that specializes in solar energy and energy efficiency services, is expanding its presence in Pennsylvania and opening an office in Harrisburg to provide homeowners and businesses in south-central Pennsylvania with a supplement to grid energy.  POWERHOME SOLAR plans to hire up to 100 people in energy consulting, installation and warehouse positions […]

The post POWERHOME SOLAR Expanding Pennsylvania Presence appeared first on Solar Industry.

Duke University’s effort to become carbon neutral by 2024 will add an expanded solar energy component through a partnership with an Asheville, N.C.-based solar developer. The university will bolster its renewable energy capabilities through the purchase of 101 MW of solar capacity from three new solar facilities planned for North Carolina starting as early as […]

The post Duke University, Pine Gate Renewables Partner on Solar Development appeared first on Solar Industry.