According to new analysis by the Solar Energy Industries Association (SEIA), since the Inflation Reduction Act (IRA) passed one year ago, United States solar and storage companies have announced over $100 billion in private sector investments, helping bolster the American economy. Solar and storage manufacturing is now surging in the U.S., as 51 solar manufacturing […]
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SolarEdge Technologies Inc., a smart energy technology company, is unveiling the latest version of its SolarEdge Home Hub and Wave inverters in the U.S. The new SolarEdge inverters will be integrated with power control system (PCS) technology, enabling the installation of PV systems that are more than 50% larger without requiring costly and time-consuming main […]
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Enverus, an energy-dedicated SaaS company, has acquired CRCL Solutions, a provider of cloud-based algorithms and modeling for wind and solar generation forecasts. CRCL Solutions provides a wide range of advanced forecasting data to help power traders make informed decisions and reduce trading risk. “Accurate predictions of wind and solar production have become a necessary building […]
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FTC Solar Inc., a provider of solar tracker systems, software and engineering services, and Cat Creek Energy LLC, a renewable energy independent power producer, made a multi-year, 1-GW tracker supply agreement to supply the PV solar portion of CCE’s multi-technology renewable energy and water storage project, which is under development in southwest Idaho. Beginning in […]
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Swift Current Energy has closed project financing for its 800 MW DC / 593 MW AC Double Black Diamond Solar project. Once operational, Double Black Diamond is expected to be the second largest single-phase solar project in the United States and the largest solar project in MISO, producing enough energy yearly to power the equivalent […]
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GRNE Solar, a solar engineering, procurement and construction (EPC) firm, has transitioned to the Nelnet Renewable Energy brand. In 2022, the company was acquired by Nelnet Inc., a diversified financial services and technology concern. Since 2012, GRNE Solar has installed commercial and residential solar energy solutions and utility-scale solar systems across 13 states. While GRNE […]
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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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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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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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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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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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