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CIT Acts as Coordinating Lead Arranger on Financing for Maryland Solar Projects

First Citizens Bank division CIT’s Power and Energy business has served as coordinating lead arranger on a $71.4 million financing for a portfolio of solar projects. The borrower, Arches Solar LLC, a subsidiary of CleanCapital, owns a portfolio of distributed generation solar projects being developed in Howard County, Md. Electricity generated by the projects is […]

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Maxeon Solar Inks New IBC Panel Supply Deal with SunPower

Maxeon Solar Technologies Ltd. has signed a new supply agreement with SunPower Corp. governing the supply of Interdigitated Back Contact (IBC) solar panels from Maxeon to SunPower for use in SunPower’s residential channels in the U.S. and Canada. This new supply agreement replaces the previous agreement, which had been in place since the spin-out of […]

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Ameren Acquires Large Solar Facility from Invenergy

Ameren Missouri, a subsidiary of Ameren Corp., announced an agreement with Invenergy, a developer, owner and operator of sustainable energy solutions, to acquire a 150 MW solar project being developed in southeastern Illinois. The deal is subject to closing conditions, including regulatory approvals. “We’re entering the next phase of our clean energy transition while continuing […]

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New Jersey Faces Solar Project Increases, Interconnection Backlog and Incentive Cuts

DG+Design’s latest New Jersey Solar Market Report shows that the state installed a record 3.8 GW of new capacity during 2021. Despite overcoming challenges from the COVID-19 pandemic, including supply chain issues, New Jersey now faces a significant grid interconnection backlog and incentive uncertainty. The state saw a massive spike of new solar projects in […]

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Appalachian Power RFP Focuses on Solar Energy and Storage in West Virginia

Appalachian Power has issued a request for proposals (RFP) for up to 150 MW of solar energy resources, with the option to include a battery energy storage system. The company seeks to acquire the solar facilities through one or more purchase and sale agreements from developers who meet certain economic and operational criteria.  Project bids […]

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Appalachian Power’s New RFP Focuses on Solar Energy and Storage in West Virginia

Appalachian Power has issued a request for proposals (RFP) for up to 150 MW of solar energy resources with the option to include a battery energy storage system. The company seeks to acquire the solar facilities through one or more purchase and sale agreements from developers who meet certain economic and operational criteria.  Project bids […]

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Following Climate-Equitable Jobs Act, Illinois Sees High Growth in Solar Projects

Five months after the passage of Illinois’ landmark clean energy law, solar businesses have installed enough renewable energy to power 30,000 homes and are building a more diverse workforce with the help of job training programs. Data provided by members of the Solar Energy Industries Association, Illinois Solar Energy Association, and the Coalition for Community […]

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Soltage Invests in 31 MW Solar Portfolio Across Two States

Soltage LLC’s Iris capital vehicle with Harrison Street has invested in a 31 MW portfolio of one project in Illinois and four projects in South Carolina. The electricity generated from these projects will be sold to municipal, commercial and residential community solar customers, as well as local utilities. This is the most recent deployment from […]

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United Arab Emirates Solar Plant Chooses Timken as Sole Provider of High-Precision Drives

The Timken Co. is providing high-precision drives for what will be the world’s largest single-site solar power plant. Timken’s solar-tracking technology, developed by its Cone Drive subsidiary, will be used to precisely position solar panels in line with the sun for the Al Dhafra PV2 site in Abu Dhabi, United Arab Emirates (UAE). “We partner […]

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Aurora Solar, Mosaic Combine Expertise to Simplify Solar Sales and Financing

Aurora Solar, a software platform for solar sales and design, and Mosaic, a financing platform for U.S. residential solar and energy-efficient home improvements, are partnering to further accelerate solar adoption at scale. With this integration, solar installers can seamlessly access their Mosaic account in Aurora to provide homeowners competitive financing options and near-instant loan pre-approval […]

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U.S. Reaches 200 GW Clean Power Capacity Milestone, ACP Observes

American Clean Power Association’s (ACP) Clean Power Quarterly 2021 Q4 Market Report shows the U.S. surpassed more than 200 GW of total operating utility-scale clean power capacity in 2021, but significant policy issues continue to hold back growth for the industry and threaten the country’s ability to meet emissions goals. “Surpassing over 200 gigawatts of […]

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Q CELLS Unpacks More Power, Efficiency with Q.PEAK DUO-G10 Module Debut

Q CELLS is releasing its more powerful Q.PEAK DUO-G10 solar module series in Europe. The new module offers more power than its predecessor, the Q.PEAK DUO-G9, with larger M6 wafers. For ground-mounted solutions, the 156 half-cell Q.PEAK DUO XL-G10 module delivers up to 495 Wp, which is up to 20% more module power than a […]

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