BloombergNEF has predicted that at least 50,000 California homes will install storage systems this year. That figure would quadruple the total from 2019. The forecast came on the heels of a year of record-breaking growth for home solar storage in the U.S, due to the increased need for blackout protection and utility rate hedging. While […]
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Nextracker, a Flex company, says D. E. Shaw Renewable Investments (DESRI), a developer and producer of renewable energy in North America, will be upgrading its entire solar fleet that uses Nextracker’s smart solar trackers with TrueCapture energy enhancement and NX Navigator monitoring software. Through machine learning and real-time data analytics, Nextracker software continues to enhance […]
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U.S. Sen. Dick Durbin, D-Ill., has introduced America’s Clean Future Fund Act, a bill aimed at spurring job creation by investing in a clean energy economy, achieving critical reductions in greenhouse gas emissions, facilitating a fair transition for workers from declining energy sectors and renewing the U.S.’ commitment to technology, innovation and a sustainable future. […]
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Generac Power Systems, a global designer and manufacturer of energy technology solutions and other power products, has introduced new products and capabilities to the PWRcell product line that offer its customers a whole-home solar backup power solution. The newly introduced products include the PWRcell Automatic Transfer Switch (ATS) with integrated load management, new higher-capacity batteries […]
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CIT Group Inc. says its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66 MW portfolio of community solar projects. The financing was arranged on behalf of Clearway Energy Group, an operator of clean energy generation facilities in the U.S. The portfolio consists of 19 separate projects […]
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First Solar Inc., a provider of photovoltaic (PV) solar solutions, has entered into a membership interest purchase agreement with NovaSource Power Services, a portfolio company of Toronto-based private equity firm Clairvest Group Inc., pursuant to which NovaSource will acquire First Solar’s North American operations and maintenance (O&M) business. Upon closing of the transaction, approximately 220 […]
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CIT Group Inc. says its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66 MW portfolio of community solar projects. The financing was arranged on behalf of Clearway Energy Group, an operator of clean energy generation facilities in the U.S. The portfolio consists of 19 separate projects […]
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JinkoSolar Holding Co. Ltd., a global solar module manufacturer, has launched its new generation of the 610 W Tiger Pro high-efficiency monocrystalline TR solar module and its building-integrated photovoltaics (BIPV) solutions product series. The key feature of the Tiger Pro 610 W is the N-Type HOT 2.0 high-efficiency cell technology, independently developed by JinkoSolar. Thanks […]
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Salt River Project (SRP), an Arizona-based utility company, says 21 commercial, municipal and school district customers across the state have signed agreements to get a portion of their energy from the sun – a total of 100 MW of solar energy will soon be helping to power operations at these organizations. This is the second […]
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First Solar Inc., a provider of photovoltaic (PV) solar solutions, has entered into a membership interest purchase agreement with NovaSource Power Services, a portfolio company of Toronto-based private equity firm Clairvest Group Inc., pursuant to which NovaSource will acquire First Solar’s North American Operations and Maintenance (O&M) business. Upon closing of the transaction, approximately 220 […]
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Q CELLS, a total energy solutions provider in solar cell and module, energy storage, downstream project business and energy retail, has signed an agreement to acquire a 100% stake in San Francisco-based energy storage solutions company Growing Energy Labs Inc. (Geli). The transaction is subject to customary closing conditions, including regulatory approvals. “There is increasing […]
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Infrastructure and Energy Alternatives Inc. (IEA), an infrastructure construction company with renewable energy and specialty civil experience, has begun construction on a solar farm in Texas. The $77 million engineering, procurement and construction contract was awarded to IEA Constructors, a subsidiary of IEA that manages utility-scale energy and heavy civil infrastructure projects. Construction of the […]
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