Due to supportive policies and favorable economics, the world’s renewable power capacity is expected to surge over the rest of this decade, with global additions on course to roughly equal the current power capacity of China, the European Union, India and the U.S. combined, according to a new IEA report. The Renewables 2024 report, the […]
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Following product launch last month, Monalee says its 3D design rendering software, Artemis, is in demand among solar companies seeking to scale. The company adds that the platform also offers side-by-side finance comparisons for homeowners and beginning-to-end fulfillment. ShopSolar has signed on for early access to Artemis. It says that until now, ShopSolar would send […]
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Macquarie Asset Management portfolio company Calibrant Energy has closed on its 100% interest acquisition in Enel X Storage (Enel DES) from Enel X North America. Both Calibrant and Enel DES originate, develop, own and operate distributed energy technologies, including battery storage, solar PV, microgrids and electric transport infrastructure. “Enel DES has an impressive track record […]
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The Bureau of Land Management (BLM) is seeking public comment on the draft environmental assessment for a proposed clean energy project on private lands and approximately 40 acres of public lands in eastern Riverside County, Calif. If approved, the Sapphire Solar project could generate and store 17 MW of energy for delivery to the statewide […]
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Altus Power has agreed to construct a 1.6 MW solar project at the San Manuel Landing, a 1.1 million square foot Class-A logistics center located in San Bernardino, Calif. Altus originated the project in conjunction with its partner, Trammell Crow Company, which developed the San Manuel Landing with the San Manuel Band of Mission Indians […]
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SolarBank is planning to develop a 13.8 MW ground-mount solar power project known as Grandview, located in Lancaster County, Pa. The project is part of a three-project plan totalling 24.8 MW. In March, the Pennsylvania House passed House Bill 1842, enabling the potential development of community solar projects in the state. The bill is currently […]
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The New Mexico Public Regulation Commission (NMPRC) has approved amending a rule to the state’s community solar program, establishing an annual statewide capacity cap of 300 MW, effective November 1. The Community Solar Act originally set an initial statewide capacity cap of 200 MW, proportionally allocated to the three investor-owned utilities operating across the state: […]
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Heliene has closed on a $54 million strategic equity investment from Transition Equity Partners (TEP) in collaboration with a consortium of limited partners, including affiliates of Hamilton Lane. The investment from TEP follows the $170 million in capital that Heliene raised last year from Orion Infrastructure Capital and several of Heliene’s customers. This capital infusion […]
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SolarBank plans to develop a 2.9 MW ground-mounted solar power project known as Silver Springs on a site located in Gainesville, N.Y. With a set site lease and interconnection study underway, the company expects to continue to work on completing the permitting process and securing the necessary financing for the project’s construction. The project is […]
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Runergy has commenced production at its solar module manufacturing facility in Huntsville, Ala. The facility, with an anticipated annual nameplate output of 2 GW, is set to fulfill its first customer orders next month. The launch event featured the symbolic signing of the first solar module off the production line by all employees. “We are […]
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Advantage Capital has committed to provide a $137 million investment to Sabanci Renewables, to complete financing for the 232 MW Oriana Solar Project. Located 120 miles southeast of San Antonio in Victoria County, Oriana is currently under construction and includes 425,000 solar modules to be installed on 1,100 acres. Operations are expected to commence next […]
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Origis Energy has secured a tax equity commitment from J.P. Morgan for the Golden Triangle I Solar + Storage project in Lowndes County, Miss., with initial funding made alongside the commitment. The agreement funds the completion of Golden Triangle I, a 200 MW solar project with 50 MW of battery storage under a PPA with […]
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