Origis Energy has closed on $71 million in tax equity financing with U.S. Bancorp Impact Finance for its 75 MW Rice Creek Solar project in Putnam County, Fla. The project is contracted with the Florida Municipal Power Agency (FMPA) for 12 of their participating member municipal utilities. “U.S. Bank’s expertise and commitment to the renewable […]
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The U.S. Department of Energy (DOE) is set to invest $2.2 billion in the nation’s grid for eight projects across 18 states, with the aim of protecting the infrastructure against extreme weather threats, lowering costs for communities, and catalyzing additional grid capacity to meet load growth. Funded by the Bipartisan Infrastructure Law’s Grid Resilience and […]
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More than 520 solar installations have been enrolled in Tigo Energy‘s Green Glove program, which aims to provide support and resources through the solar system installation process for C&I installers. The program includes a design review before installation. During installation, company personnel remain accessible at regional locations. After installation, the company says its support team […]
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RNWBL and SOLARCYCLE have partnered on recycling solar panels under RNWBL’s operations. RNWBL, an O&M provider for wind, solar and battery storage projects, also decommissions aged solar assets across North America. This year, the company expects to recycle 200,000 modules. “RNWBL is excited to partner with SOLARCYCLE to enhance our comprehensive turn-key solutions for project […]
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Bridge Renewable Energy, Solaris Energy and WATTMORE have closed on 1.8 MW of solar and storage projects across multiple facilities on the Rincon Reservation in San Diego County, Calif. Solaris Energy and WATTMORE co-developed the project and used combined incentives from the Inflation Recovery Act, with the intention of maximizing the economics and impact for […]
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SunPower has entered into an asset purchase agreement, with Complete Solaria serving as stalking horse buyer for the assets associated with SunPower’s Blue Raven Solar business, new homes business and non-installing dealer network. The company and certain subsidiaries filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. Subject to court […]
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Flint Hills Resources is planning to build its second company-owned solar installation to assist powering its U.S. refinery operations. The 27 MW installation would provide electricity to the company’s Corpus Christi West refinery, which produces jet fuel, diesel and gasoline. The company says the project is the first in Texas to provide onsite, self-generated electricity […]
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BrightNight has received a $440 million strategic investment from the Infrastructure business at Goldman Sachs Alternatives. The investment, along with existing capital commitments, is expected to fund the company’s execution of its 31 GW renewables project portfolio. The transaction is expected to close in next month. “BrightNight was founded on a unique combination of strengths […]
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Renewable America (RNA) has issued development updates on two of the company’s California solar sites: the 2.93 MW West Tambo Clean Power II site (WEST-II), located in Livingston, and the 4.29 Dos Palos Clean Power site (DOSP), in Dos Palos. Both projects are set to benefit low-income and disadvantaged communities. WEST-II is projected to achieve […]
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Intermountain Health has opened the 40 MW Castle Solar Farm in Huntington, Utah, set to provide power for 17 of its facilities. The company has contracted for 20 MW of the project’s output. “This is one of the biggest sustainability investments we’ve ever made, and we will be seeing benefits for decades to come,” says […]
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Iberdrola, ICO, Sabadell and HSBC have signed a syndicated green loan for €500 million, covered by Cesce through its Green Investment Policy on behalf of Spain. The loan, which has a 15-year maturity, is guaranteed by the Internationalization Risk Reserve Fund, attached to the Ministry of Economy, Trade and Enterprise. It is the first aimed […]
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Sol Systems has selected three solar projects, Bunker, Blackberry and Cornwell, under the Illinois Power Agency (IPA)’s Indexed REC procurement process. These projects, totaling 123.4 MW, will deliver 240,000 Renewable Energy Certificates (RECs) annually to Ameren Illinois Company, Commonwealth Edison and another local utility. The IPA’s Indexed REC procurement program, stemming from the Illinois Climate […]
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