Westbridge Renewable Energy has closed the sale of its 75% owned, Special Area 2, 332 MW Alberta solar power plant project to a subsidiary of METLEN Energy & Metals for CA$41 million. The transaction was completed by way of the sale of all the issued and outstanding shares of Sunnynook Solar Energy. Westbridge satisfied the […]
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SolarBank Corp. is planning to develop a 3.1 MW ground-mount solar power project, known as the West Petpeswick project, on a site located in Nova Scotia. The proposed project is being developed under the Nova Scotia Community Solar Program, which aims to add 100 MW to the grid. With a secured site lease in place, […]
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Primergy Solar has closed on $225 million in project financing for its Valley of Fire (VoF) portfolio. The financing includes a $125 million tax credit sale for the Gemini Solar+Storage project and a $100 million revolving credit facility from Rabobank for the continued development of the other VoF projects. The VoF portfolio includes the Gemini […]
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The latest white paper on solar development in Pennsylvania, released by LandGate, reveals that potential developments are poised to increase the state’s solar power capacity by 11 GW. Currently, Pennsylvania is home to 46 active utility-scale solar farms, delivering a combined capacity of 562 MW. However, the white paper details the state’s potential for growth, […]
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SolarEdge Technologies has closed its first transaction for the sale of Section 45X Advanced Manufacturing Production Tax Credits for approximately $40 million, net of discounts and fees. The credits were generated by sales of eligible, domestic-manufactured inverters in the first half of this year. “The Inflation Reduction Act and new §45X of the U.S. Internal […]
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The latest white paper on solar development in Pennsylvania, released by LandGate, reveals that potential developments are poised to increase the state’s solar power capacity by 11 GW. Currently, Pennsylvania is home to 46 active utility-scale solar farms, delivering a combined capacity of 562 MW. However, the white paper details the state’s potential for growth, […]
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Canadian Premium Sand (CPS) has provided an operational update for both its pattern solar glass manufacturing facility in Selkirk, Manitoba, as well as its plans for a pattern solar glass manufacturing facility in the United States. To advance the previously announced $272 million in support for the Selkirk project, the company has submitted the application […]
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Broad Street Realty has inaugurated a 2.4 MW rooftop solar project at its Cromwell Shopping Center in Glen Burnie, Md. The 233,000 square foot shopping center is hosting the solar project, which the company says produces enough electricity to power 1,000 homes in the BG&E service territory. The ballasted racking system is covered by 4,380 […]
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Cubico Sustainable Investments has commenced operations at Crossett Solar Park, a 132 MW PV facility located in Ashley County, Ark. Google has completed a long-term PPA with Crossett to support its data center operations in the Midwest. In June, the tax equity financing for the project was closed with Greenprint Capital, acting as the tax […]
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Primergy Solar has closed on $225 million in project financing for its Valley of Fire (VoF) portfolio. The financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank for the continued development of the other VoF projects. The VoF portfolio includes […]
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H&M Group has signed a VPPA with Lightsource bp for its 125 MW Second Division solar project, currently under construction in Brazoria County, Texas. “Considering fashion’s environmental impact, we see great value in moving away from just using certificates to contributing to more clean energy,” says Ulrika Leverenz, head of green investment, H&M Group. “By […]
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Avantus has sold its Catclaw Solar and Energy Storage Project to D.E. Shaw Renewable Investments (DESRI). Located in Buckeye, Ariz., in Maricopa County, the project features 225 MW of solar and 250 MW of energy storage. The transaction includes a long-term PPA with Arizona Public Service (APS) for the project. Avantus was responsible for the […]
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