Loanpal, a company that specializes in residential solar financing, says Goldman Sachs has priced securitizations of $459 million worth of Loanpal solar loans previously purchased by Goldman Sachs and funds managed by CarVal Investors. Clients of GSO Capital Partners, the credit division of Blackstone, are the senior investor in the securitizations. These securitizations are an […]
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Ginlong Technologies, a global photovoltaic string inverter manufacturer, has debuted its latest hybrid energy storage inverter across EU markets. The three-phase Solis-HVES (high voltage energy storage) will be rolled out to homeowners in Italy, the U.K., Germany, the Netherlands, Poland, Sweden, South Africa and Australia this July and August. With one of the highest conversion […]
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New clean energy regulations in Massachusetts could have the unintended consequence of canceling nearly 80 solar energy projects at a time when COVID-19 is already causing long-lasting harm to many sectors of the local economy, according to an analysis recently released by the Coalition for Community Solar Access (CCSA). Last summer, the state Department of […]
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Roll-A-Rack is seeking 10 developers or solar installers to test its patent-pending Roll-A-Rack solar panel racking system, which the company says reduces racking and installation costs of flat-roof commercial or ground-based ballasted solar systems by 33%. Following recent funding from the U.S. Department of Energy Solar Energy Technologies Office for Roll-A-Rack development, Acme Express Inc., […]
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Ingeteam, an international technology group that specializes in electric power conversion, has become the first central inverter manufacturer to be certified under the Technical Supervision Regulation of conformity (NTS) with Regulation EU 2016-631, specifically for its central inverters in the Ingecon Sun Power range and its EMS Plant Controller system. With this certificate, Ingeteam is […]
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REC Group says the U.S. International Trade Commission (ITC) has issued a Final Determination that REC Group’s products do not infringe the asserted claims of Hanwha Q-Cells’ U.S. Patent 9,893,215 (‘215 patent). The Final Determination affirms the Initial Determination (Order No. 40) by the Administrative Law Judge (ALJ) dated April 10, 2020. The Final Determination […]
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Clir Renewables, a provider of performance assessment software for renewable energy, has launched its optimization platform for solar assets. Responding to requests from its existing clients to open the firm’s AI-driven monitoring and optimization offering to multi-tech renewable portfolios, Clir will be phasing the roll-out of the solar platform over the coming months in order […]
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As more solar energy systems are installed across the U.S., scientists are quantifying the effects on wildlife. Current data collection methods are time-consuming, but the U.S. Department of Energy’s (DOE) Argonne National Laboratory has been awarded $1.3 million from DOE’s Solar Energy Technologies Office to develop technology that can cost-effectively monitor avian interactions with solar […]
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Unirac Inc., a North American manufacturer of PV mounting systems, says its SOLARMOUNT PV mounting system is the first solar racking product to receive a notice of acceptance (NOA) product approval for construction in Miami-Dade County, Fla. With its provisions for high-velocity hurricane zone (HVHZ) wind conditions, Miami-Dade has the most stringent building code requirements […]
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Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, according to a report recently released by the International Renewable Energy Agency (IRENA). IRENA’s Renewable Power Generation Costs in 2019 report shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new […]
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AES Distributed Energy (AES DE), a developer of solar photovoltaic (PV) and solar+storage facilities, has been selected by Hawaiian Electric to develop and operate two new utility-scale solar+storage facilities on O’ahu, Hawaii. Combined, these two projects are expected to generate a total of 137,000 MWh of energy annually. “AES DE is honored to be selected […]
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DEPCOM Power Inc., a company that specializes in utility-scale solar projects, has begun construction on the Altavista Solar plant near Lynch Station, Va. The 113 MW DC solar plant will span approximately 720 acres and is being engineered and constructed by DEPCOM for Liberty Power Corp. LLC. Developed by Apex Clean Energy, a company that […]
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