Enfinity Global has closed a $97 million structured credit facility with Nomura for a 608 MW portfolio of solar assets currently in operation or under construction spanning the CAISO, WECC and SERC markets. The asset-based credit facility provides development and construction financing for Enfinity’s development and ready-to-build projects, along with strategic refinancing for its operational […]
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Recurrent Energy’s 134 MW Liberty Solar project, located near Houston, has reached commercial operation. Customers for the project include Autodesk, Biogen, EMD Electronics and Wayfair. Liberty Solar additionally expands energy capacity for the Midcontinent Independent System Operator (MISO) market. “Liberty Solar is a fantastic project that expands Recurrent Energy’s project ownership in MISO,” says Ismael […]
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Sunrun and Orange and Rockland Utilities (O&R) have activated what the companies call New York’s largest residential power plant, using 300 solar + storage systems. The Sunrun-managed plant was initiated by O&R and approved as a demonstration project by the New York State Public Service Commission. During the year-round program, Sunrun synchronizes the discharging of […]
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FTC Solar has inked a deal to supply Sandhills Energy with 1P Pioneer trackers for 1 GW of projects over three sites. The projects include a 448 MW project in Burt County, Neb., a 320 MW project in Cass County, Neb., and a 225 MW project in Butler County, Neb. “We’re looking forward to supporting […]
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AES Andes has commenced commercial operation of Andes Solar IV, a solar installation located 230 kilometers east of Antofagasta, in the heart of the Atacama Desert, Chile. The project comprises 211 MW of PV panels and 130 MW of energy storage for five hours based on lithium batteries. The company calls it the largest operational […]
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The New Jersey Board of Public Utilities (NJBPU) has approved rules for and launched the Dual-Use Agrivoltaics Pilot Program, which is slated to incorporate solar panels on designated farmland. “The board’s action today marks a major milestone and further solidifies New Jersey as a national leader in solar development,” says Christine Guhl-Sadovy, NJBPU president. “Dual-use […]
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SB Energy Global’s Orion I, Orion II and Orion III solar projects (Orion Solar Belt), located in Milam County, Texas, have reached commercial operation. The projects total 875 MW and utilize 1.3 million modules, manufactured by First Solar at its Perrysburg, Ohio, facility. The 22,800 tons of structural steel for the project is sourced from […]
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Texas-based solar panel installation company Southern Solar has sought a long-term funding partnership with Republic Business Credit. The terms of the $3 million factoring agreement are structured similarly to an asset-based loan, as the company is only being charged on their facility utilization, says Republic. The adjustment is expected to allow company executives to focus […]
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Qcells has sold the Ursa Solar Project, formerly named Langdon Mills Solar, to We Energies, Wisconsin Public Service Corporation (WPS) and Madison Gas and Electric Company (MGE). This project is a 200 MW solar PV installation located in Colombia County, Wis. Qcells is developing the project, as well as self-performing all EPC services. In addition, […]
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Mon Power and Potomac Edison have completed their second utility-scale solar site in West Virginia, with 14,000 solar panels producing 5.5 MW at the Rivesville site in Marion County. The new solar facility is situated on 27 acres of company-owned property along Morgan Ridge Road. The site had gone unused since the Rivesville Power Station […]
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Canadian Solar has issued a comment concerning the ongoing Trina Solar patent infringement suit. In it, the company says that Trina Solar has filed a complaint for patent infringement in the U.S. District Court for the District of Delaware lawsuit against three of Canadian Solar’s U.S. subsidiaries. The suit alleges that the subsidiaries are directly […]
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Ameresco has been awarded a contract to implement a thin film PV solution atop the London Stadium. The £3.5 million contract includes comprehensive O&M services for its 25-year duration, with the installation projected to generate 0.85 million kWh annually. The company says there are unique challenges posed by the London Stadium’s membrane roof, as energy […]
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