Voltalia has begun construction of its largest solar project, the 320 MW SSM1&2, which includes 50 MW of additional capacity contracted recently. The SSM1&2 solar project is backed by five long-term power-sales contracts with an average maturity of 16 years for a total capacity of 320 MW. Initially a 32 MW project, it has grown […]
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iSun Inc., a solar energy and clean mobility infrastructure company, and SolarCommunities Inc. have entered into a definitive agreement pursuant to which a subsidiary of iSun will acquire SunCommon. It will create a regional full-service solar installation leader servicing the residential, commercial, industrial and utility-scale markets including solar electric vehicle charging. The transaction consideration includes […]
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The U.S. Department of Energy (DOE) has released the Solar Futures Study, detailing the significant role solar will play in decarbonizing the nation’s power grid. The study shows that by 2035, solar energy has the potential to power 40% of the nation’s electricity, drive deep decarbonization of the grid, and employ as many as 1.5 […]
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Green Stream Holdings Inc. has re-engaged KMB Design Group LLC, a photovoltaic design and engineering solutions provider, to provide solar feasibility studies for five ground-mount solar farms. Their study will determine the most efficient configuration for the arrays, estimated production matters, and utility interconnect feasibility and process, in addition to identifying any potential incentive programs. […]
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A wholly owned subsidiary of Greenbacker Renewable Energy Company LLC (GREC), an owner and operator of sustainable infrastructure and energy efficiency projects, has purchased the 41 MW Heathlands utility-scale solar project from Prism Power Partners LLC. The to-be-constructed asset is the second project in Prism’s 53 MW 2022 Michigan portfolio. The other is a 12 […]
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OYA Solar, a renewable energy developer and independent power producer, has started construction on 25 MW DC of community solar projects in New York state, in addition to the 7 MW DC State Route 122A project in Franklin County, which is already under construction. OYA Solar is expanding access to solar energy and the benefits […]
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Canadian Solar Inc. has signed long-term operations and maintenance (O&M) agreements with the Slate and Mustang solar PV plus battery storage projects in the U.S. The projects were both developed by Canadian Solar’s Recurrent Energy subsidiary and are currently owned by Goldman Sachs Asset Management Renewable Power. The agreements cover the full Slate Project, which […]
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Copenhagen Infrastructure Partners (CIP), through its Copenhagen Infrastructure II K/S fund, has entered into definitive agreements to divest its ownership of the Mitchell solar portfolio to a wholly owned subsidiary of TransAlta Corp., a developer, owner and operator of electrical power generation assets across the U.S., Canada and Australia. The Mitchell solar portfolio consists of […]
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Despite the global COVID-19 pandemic, U.S shipments of solar photovoltaic (PV) modules reached a record high of 21.8 million peak kilowatts in 2020 – 5.4 million peak kilowatts more than in 2019, according to the U.S. Energy Information Administration’s Annual Solar Photovoltaic Module Shipments Report. Solar PV module shipments include imports, exports, and modules produced […]
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EDF Renewables North America (EDFR) and Clean Power Alliance (CPA) have signed a 15-year power purchase agreement (PPA) for the Desert Quartzite Solar-plus-Storage Project. The California project, consisting of a 300 MW AC solar project coupled with a 600 MWh battery energy storage system (BESS), is expected to begin delivery of electricity to CPA’s customers […]
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Quanta Services Inc. is acquiring Blattner Holding Company, a utility-scale renewable energy infrastructure solutions provider in North America. Minnesota-based Blattner provides front-end engineering, procurement, project management and construction services to renewable energy developers for wind, solar and energy storage projects. The consideration to be paid at closing for the transaction is approximately $2.7 billion. Blattner […]
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Invenergy, a global developer and operator of sustainable energy solutions, has completed term and construction financing for the 200 MW Calhoun Solar project, its first solar project in Michigan. CoBank, Natixis and Export Development Canada acted as lead arrangers for the financing, which includes a construction loan that converts into a back-leverage term loan, sponsor […]
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