Greenbacker Capital Management (GCM), a renewable energy asset manager, through an affiliated investment vehicle, has completed a $148 million tax equity financing commitment with RBC Community Investments. The commitment – one of the very first tax equity deals to utilize the solar production tax credit (PTC) – is helping finance one of the largest solar […]
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First Solar Inc. has chosen the Acadiana Regional Airport in Iberia Parish, La., as the location for its previously announced fifth fully vertically integrated manufacturing facility in the United States. The facility, believed to be the single largest capital infusion in the area’s history, represents an investment of up to $1.1 billion in expanding America’s […]
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Xcel Energy is issuing one of northwest Wisconsin’s largest-ever calls for clean energy projects. The goal is to add significant carbon-free energy for the company’s Upper Midwest customers while replacing a coal-fired plant on the Minnesota-Wisconsin border. Developers are invited to submit proposals for approximately 650 MW of new solar-specific projects or ones that combine […]
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Canadian Solar Inc. and independent power producer and service provider EDF Renewables North America have signed a multi-year module supply agreement to deliver up to 7 GW of high-efficiency N-type TOPCon solar modules to be produced at Canadian Solar’s new factory in Mesquite, Texas. Under the agreement, Canadian Solar will be supplying its latest tunnel […]
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Maryland-based Standard Solar, a developer, funder, owner and operator of commercial and community solar assets and a subsidiary of Brookfield Renewable Partners, has acquired a community solar project in Forestville, Md., from New Columbia Solar. Located at FCP’s Holly Spring Meadows apartment community, the 800 kW carport array and a 921 kW rooftop array project, […]
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MCE, a not-for-profit renewable electricity provider in northern California, continues to expand its local renewable energy portfolio with two new solar projects in Contra Costa and Napa counties. The 1 MW Byron Hot Springs Solar project in unincorporated Contra Costa County has a 20-year term with Renewable Properties, a commercial solar energy developer. Located on […]
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Nucor Corp., a North Carolina-based manufacturer of steel and steel products, has signed a power purchase agreement for 250 MW of renewable energy from Sebree Solar LLC, a subsidiary of NextEra Energy Resources LLC. Sebree Solar is a two-phase solar project in Henderson County, Ky., which will have a capacity of up to 400 MW […]
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Asteelflash/USI, a global electronics component manufacturer, has just unveiled its manufacturing line in the U.S. for Nextracker Inc., a provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects. Asteelflash has expanded its capability to include dedicated production of Nextracker’s patented self-powered controller (SPC) and high-voltage power supply. […]
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Belectric Israel Ltd., a solar engineering, installation and service provider, has deployed technology by Tigo Energy Inc. on one of the largest floating photovoltaic systems in the region. Designed, purchased and constructed by Belectric, the 19.3 MW floating PV system was outfitted with Tigo Energy TS4-A-2F MLPE devices for rapid shutdown, as well as Tigo […]
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Matrix Renewables, the TPG Rise-backed global renewable energy platform, has acquired a controlling interest in the Pleasant Valley Solar Project from rPlus Energies. Located in Idaho, the 200 MW AC / 261 MW DC solar project will deliver energy to the Idaho Power system. Specifically, output will go into the same grid that supports Meta’s […]
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Climate and energy analytics company Sunairio recently conducted a study and found that climate change is increasingly impacting solar energy generation in the United States. Traditional, industry-standard solar production risk assessment approaches are based on decades-old methods that use historical data and which crucially omit the growing influence of climate trends. As a result, pre-construction […]
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New research by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) shows the number of local zoning ordinances governing renewable energy deployment is increasing in the United States. The amount of land available to deploy renewables depends on the characteristics of the ordinances. “It’s important to understand the types of ordinances in effect, […]
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