Syncarpha Capital’s Belfast Solar I community solar project has received permission to operate. The project is located adjacent to the Belfast Municipal Airport and delivers energy directly to Central Maine Power (CMP), benefiting CMP customers through the state’s Net Energy Billing Program. Spanning 13 acres, the project consists of three fixed-tilt, ground-mounted arrays with a […]
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Sunrun and Orange and Rockland Utilities (O&R) have activated what the companies call New York’s largest residential virtual power plant, using 300 solar+storage systems. The Sunrun-managed project was initiated by O&R and approved as a demonstration project by the New York State Public Service Commission. During the year-round program, Sunrun synchronizes the discharging of participating […]
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AES Andes has commenced commercial operation of Andes Solar IV, a solar installation located 230 kilometers east of Antofagasta, in the heart of the Atacama Desert, Chile. The project comprises 211 MW of PV panels and 130 MW of energy storage for five hours based on lithium batteries. The company calls it the largest operational […]
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ENGIE North America has signed a PPA with Google to supply 90 MW from its Chillingham solar project in Bell County, Texas. This is the fifth renewable energy project under agreement between the two companies globally. To support its Texas operations, Google will purchase a portion of the 350 MW facility’s output, which is expected to […]
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Swift Current Energy has closed tax equity financing with PNC Bank for its 138 MW Harvest Gold Solar project, located in Sunflower County, Miss. The company says that the project reached commercial operation this summer. Target Corp. is purchasing 100% of the energy and renewable energy credits produced by Harvest Gold. Target and Swift Current […]
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The U.S. Department of the Treasury and the IRS have released final rules for the Advanced Manufacturing Production Credit, also known as Section 45X of the Internal Revenue Code, to spur continued growth of U.S. clean energy manufacturing. The credit aims to help to level the playing field for U.S. companies to on-shore production of […]
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GoodLeap has entered into an equity partnership with Tactical Infrastructure Partners (TIP) to acquire $1.5 billion of residential solar and storage products. The transaction is supported by debt financing from ATLAS SP Partners, which GoodLeap hopes will bolster its residential solar and storage lease and power purchase program. GoodLeap launched its lease and power purchase […]
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Pine Gate Renewables has closed on a $288 million preferred equity investment with funds affiliated with Blackstone Credit & Insurance. The investment supports six solar projects across two states totaling 780 MW, backed by corporate offtake agreements. “Leading Pine Gate’s first preferred equity investment was a significant milestone for our team and the enterprise at […]
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Enfinity Global has closed a $97 million structured credit facility with Nomura for a 608 MW portfolio of solar assets currently in operation or under construction spanning the CAISO, WECC and SERC markets. The asset-based credit facility provides development and construction financing for Enfinity’s development and ready-to-build projects, along with strategic refinancing for its operational […]
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Recurrent Energy’s 134 MW Liberty Solar project, located near Houston, has reached commercial operation. Customers for the project include Autodesk, Biogen, EMD Electronics and Wayfair. Liberty Solar additionally expands energy capacity for the Midcontinent Independent System Operator (MISO) market. “Liberty Solar is a fantastic project that expands Recurrent Energy’s project ownership in MISO,” says Ismael […]
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FTC Solar has inked a deal to supply Sandhills Energy with 1P Pioneer trackers for 1 GW of projects over three sites. The projects include a 448 MW project in Burt County, Neb., a 320 MW project in Cass County, Neb., and a 225 MW project in Butler County, Neb. “We’re looking forward to supporting […]
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Sunrun and Orange and Rockland Utilities (O&R) have activated what the companies call New York’s largest residential power plant, using 300 solar + storage systems. The Sunrun-managed plant was initiated by O&R and approved as a demonstration project by the New York State Public Service Commission. During the year-round program, Sunrun synchronizes the discharging of […]
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