OYA Solar, a North American full-service solar developer, has successfully closed a $35 million construction and interconnection financing from NY Green Bank, a state-sponsored, specialized financial entity and division of NYSERDA. The financing will support the construction of three community solar projects in New York, the first of which, a 6.8 MW DC project in […]
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QuantmRE, a real estate fintech company, has formed a strategic partnership with Florida-based SolArmy to provide debt-free financing options to homeowners who wish to add solar panels to their homes with no loans and no monthly payments. Traditionally, funding the purchase of a solar installation has meant the homeowner has to qualify for and enter […]
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Nautilus Solar Energy LLC, a national solar project acquisition, development and asset management company, has acquired two solar portfolios in Oregon and Rhode Island – totaling approximately 17 MW – from Pine Gate Renewables, a solar energy developer that specializes in utility-scale projects. Both developments are in the early-to-mid stages. Nautilus will take each portfolio […]
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SunPower has secured financing commitments from Hannon Armstrong Sustainable Infrastructure Capital Inc. and other capital providers for its residential solar lease program, as well as its new solar+storage program – the SunPower Equinox system with SunVault storage. SunPower expects the new fund to help meet expected customer demand through mid-2021. These customer financing provisions will […]
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GameChange Solar has completed the manufacture and supply of two MaxSpan fixed-tilt racking systems, FL Solar 1 and FL Solar 4, located at the Tallahassee International Airport (TLH) in Florida. “GameChange Solar’s MaxSpan fixed-tilt system is the preference for owners and utilities that require durable racking for their solar power plants,” says Max Johnson, director […]
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Anthem has signed a 15-year power purchase agreement with SunEnergy1, a U.S. solar developer, owner and operator of utility-scale projects. The agreement is for the output from a new 182-acre, 20 MW solar field located in Hanover County, Va. The Hanover County solar field is nearly complete and expected to be fully operational later this […]
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Canadian Solar Inc., a manufacturer of solar photovoltaic modules and provider of solar energy solutions, has completed the sale of the Suffield Solar Project to BluEarth Renewables, an independent power producer that acquires, develops, builds, owns and operates wind, hydro and solar facilities across North America. The project, currently under construction in southeast Alberta, will […]
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The Solar Energy Industries Association (SEIA) has filed a petition for review with the Ninth Circuit Court of Appeals of FERC Order No. 872, which unlawfully discourages the development of qualifying facilities (QF) under the Public Utility Regulatory Policies Act (PURPA). The order eliminates the right of QFs to enter long-term, fixed-rate contracts and arbitrarily […]
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The Federal Energy Regulatory Commission (FERC) has approved a final rule, Order 2222, enabling distributed energy resource (DER) aggregators to compete in all regional organized wholesale electric markets. This approval empowers new technologies to come online and participate on a level playing field, further enhancing competition, encouraging innovation and driving down costs for consumers. DERs […]
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DNV GL and WattTime have entered into a strategic partnership to incorporate WattTime’s emissions intelligence into DNV GL’s energy management and digital services expertise for renewables, storage and efficiency. By combining data on greenhouse gas (GHG) emissions with energy efficiency, battery charging and discharging, demand response and renewables, DNV GL’s utility, regulatory and renewable and […]
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Governor Andrew M. Cuomo has announced the availability of proposed regulations that would implement the Accelerated Renewable Energy Growth and Community Benefit Act. The draft regulatory framework will dramatically speed up the siting and construction of major renewable energy projects to combat climate change and help jumpstart the state’s economic recovery from the COVID-19 pandemic. […]
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Hawaiian Electric, a subsidiary of Hawaiian Electric Industries Inc., has submitted eight contracts for new grid-scale renewable energy and storage projects on O’ahu and Maui to the Public Utilities Commission (PUC) for review and approval. The six projects on O’ahu and two on Maui are part of the largest renewable energy procurement ever for Hawai’i. […]
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