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Northam Steers Virginia Towards a Clean Economy

Governor Ralph Northam has signed the Virginia Clean Economy Act, which establishes bold energy efficiency standards and provides a pathway for new investments in solar, onshore wind, offshore wind and energy storage.  Additional legislation signed by Northam advances shared solar and energy storage programs, and dramatically transforms the rooftop solar market. “We are at a […]

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Swiss Technology Fund Awards WinJi a Loan Guarantee

WinJi, a Swiss start-up that developed the True Power renewable energy asset management platform, has been awarded a $2 million loan guarantee by the Swiss Technology Fund.  This loan guarantee will facilitate WinJi’s upcoming debt-raising, with a view to accelerate the company’s growth and finance further platform developments. Technology Fund successfully approved WinJi’s technology and […]

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Capital Dynamics, Tenaska to Develop Energy Storage in California

Capital Dynamics, an independent global private asset management firm, says its Clean Energy Infrastructure business has signed an agreement with the U.S. energy company Tenaska to develop a portfolio of nine battery energy storage system (BESS) projects located throughout California’s highest electrical load centers.  The agreement expands the strategic relationship between the two companies, which […]

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ReneSola Completes Portfolio of Minnesota Solar Projects

ReneSola Ltd., a fully integrated solar project developer, has completed a 21.05 MW portfolio of community solar projects in Minnesota.  ReneSola Power developed and subsequently sold this community solar portfolio to Nautilus Solar Energy LLC, a national solar project acquisition, development and asset management company.  “We are excited to have successfully developed these community projects, […]

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CIT Serves as Lead Arranger for East Blackland Solar Project

CIT Group Inc., a financial holding company, says its Power and Energy unit served as sole lead arranger on a $162 million financing for the East Blackland Solar Project in Travis County, Texas. The financing was arranged on behalf of Recurrent Energy LLC, a wholly owned subsidiary of Canadian Solar Inc. that functions as Canadian […]

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BayWa r.e., Generac Partner on Energy Storage Solutions

BayWa r.e. Solar Systems LLC, a U.S. distributor of solar and energy storage components and systems, has partnered with Generac Power Systems, a global designer and manufacturer of energy technology solutions and other power products.  BayWa r.e. has added Generac’s advanced PWRcell battery system and integrated energy storage ecosystem components to its distribution line card […]

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Generac Power Systems, Momentum Enter Strategic Partnership

Generac Power Systems, a global designer and manufacturer of energy technology solutions, and Momentum Solar have forged a strategic relationship that aims to accelerate the U.S. residential adoption of solar+storage. The new agreement will enable Momentum, the largest privately-owned residential solar installer in the U.S., to provide Generac technology solutions to homeowners for solar plus […]

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Northrop Grumman Agrees to Madison Solar Offtake Deal

Northrop Grumman Corp. has agreed to take the electricity generated at Madison Solar as well as the renewable energy credits, under long-term agreements.  Northrop Grumman anticipates that the facility will provide enough renewable power to the grid to match 100% of its Virginia manufacturing and office operations’ electricity use. “If we can help our customers […]

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Lightsource bp, McCarthy Building Partner on Bighorn Solar Project

In Sept. 2019, Xcel Energy and Lightsource bp signed a long-term power contract for a new solar power facility in Pueblo, Colo. One of the largest solar infrastructure projects in the state, the 300 MW Bighorn Solar project is being developed and financed by Lightsource bp, who will be the long-term owner and operator. McCarthy […]

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TVA: New Solar Facility to Support Facebook Operations

The Tennessee Valley Authority (TVA) says the new 70 MW solar facility in Madison County, Tenn., will support Facebook’s operations in the region. TVA is partnering with Nashville-based solar developer Silicon Ranch to develop the carbon-free energy. “TVA is building the energy system of the future by contracting 1,300 MW of utility-scale solar in the […]

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Masdar, EDF Renewables Partner on Clean Energy Portfolio

EDF Renewables North America and Masdar, a global clean energy developer and a subsidiary of Mubadala Investment Co., have agreed to partner on Masdar’s second strategic investment in the U.S. – a deal with EDF Renewables North America that will see it acquire a 50% stake in a 1.6 GW clean-energy portfolio. Under the terms […]

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Saturn Power, UPower Begin Construction on Texas Solar Portfolio

Construction has begun on a portfolio of seven distribution-connected ground mount solar projects that will service the territories of five electric cooperatives in central and west Texas.  Renewable energy developers Saturn Power Inc., headquartered in Ontario, Canada, and UPower Energy, based in Austin, Texas, have worked collaboratively to develop this 7.5 MW solar portfolio which […]

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