Leeward Renewable Energy (LRE) has closed approximately $75 million in construction to term financing from MUFG Bank Ltd. and an approximately $105 million tax equity commitment from Wells Fargo for its Horizon solar facility located in Frio County, Texas. MUFG served as the green loan structuring agent, coordinating lead arranger and administrative agent for the […]
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SOLARCYCLE, a tech-driven recycling company focused on producing sustainable materials at scale for the solar industry, has raised $30 million in Series A funding, bringing the company’s total funding to $37 million since its inception a year ago. The funds will be used to scale the company’s growth in solar panel recycling capacity and expand […]
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Parks Associates‘ latest report has found consumers are concerned about high energy prices but still have low familiarity overall with solar power. More than 60% of U.S. internet households report their electricity costs are too high, but only 17% are very familiar with solar, according to the “Solar and Storage: Opportunities in the Smart Home” […]
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Catalyst Power Holdings LLC, a provider of energy solutions for the commercial and industrial sectors, has partnered with the Gates Historical Society for a new 1.4 MW community solar farm in Rochester, N.Y. The farm, to be built on 13 acres of land, will provide affordable clean energy while supporting local jobs and economic development. […]
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Scale Microgrids says it will acquire more than 100 MW of New York community solar projects in late-stage development from CSG-Gutam. This transaction represents enough power for more than 15,000 homes. The deal with Gutami, a Netherlands-based global clean energy developer, is part of a Scale pipeline helping New York to hit its mandated goal […]
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Built Robotics, a developer of construction autonomy solutions, has released its new fully autonomous RPD 35 solar piling system, which can construct utility-scale solar foundations up to five times faster than the market standard. The RPD 35 combines surveying, pile distribution, pile driving and inspection. Built’s construction AI software works in tandem with a custom […]
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Sunnova Energy International Inc. has secured an additional 38 MW in the recent ISO-New England (ISO-NE) Forward Capacity Auction – its third consecutive win. Sunnova says it now holds the largest wholesale market capacity position by a behind-the-meter solar and battery storage developer in the New England region, bringing total capacity cleared in the ISO-NE […]
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The New York State Energy Research and Development Authority (NYSERDA) has reached agreements on two municipally owned sites for potential renewable energy development. Under these memorandums of understanding, NYSERDA will work closely with Tompkins County in the Southern Tier and Orange County in the Hudson Valley through its Build-Ready Program to explore developing renewable energy […]
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CertainTeed, a building materials manufacturer and subsidiary of Saint-Gobain, has launched the low-profile solar roofing system Solstice. This product allows roofing contractors to more simply integrate solar technology into new and existing roofing systems with both shingles and traditional panels. Ultimately, Solstice complements a home’s aesthetic and durability to ensure it can weather years of […]
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ArcVera says it is expanding its activities in the solar space through independent engineering services to support transactions from development to operational facilities. “There is a strong need for qualified independent engineering teams who have the expertise to manage the myriad details of technical due diligence required at deal-flow pace,” says David Simkins, director of […]
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ClearPath Energy, an energy transition platform and renewable energy developer, owner and operator, has closed on a facility with a direct lending infrastructure fund managed by Brookfield Asset Management. The capital will allow ClearPath to expand its existing 2 GW pipeline further while accelerating the progression of late-stage development assets into construction and operations. Proceeds […]
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Navisun LLC, a solar independent power producer that co-develops, acquires, owns and operates distributed and small utility-scale solar and storage projects, says it has secured up to $235 million in debt financing through two facilities. The financing will help to serve additional customers with solar energy generation and storage, with offtakers benefiting from affordable clean […]
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