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Amazon Remains World’s Largest Corporate Renewables Purchaser

Amazon invested in more than 100 new solar and wind energy projects last year, becoming the world’s largest corporate purchaser of renewable energy for the fourth year in a row, says the company.  The company now has more than 500 wind and solar projects globally, and once operational, are expected to generate more than 77,000 […]

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Ardagh Glass Packaging, CI Renewables Partner on Solar Project 

Ardagh Glass Packaging and CI Renewables are moving forward with development of a solar project in Madera, Calif., with a capacity of up to 10 MW. The project, built and operated by VALTA Energy, is set to be completed this year. It will supply electricity to Ardagh Glass Packaging’s Madera manufacturing site and is expected […]

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Mercom Reports Solar Companies Raised $34.3B in 2023 Corporate Funding 

Mercom Capital Group has released its annual report on funding and M&A activity for the solar sector, finding that total corporate funding, including from VC, public market and debt financing, increased 42% year-over-year in 2023.  The report further found $34.3B was raised in 160 deals, compared to $24.1B in 175 deals the previous year. Almost […]

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Ice Industries Signs Additional Contract with First Solar

Ice Industries has been awarded an additional long-term contract supplying panel components to First Solar and plans to invest nearly $10M in a Louisiana facility to supply steel back rails for modules produced by First Solar’s vertically integrated manufacturing facility in Iberia Parish, expected to start commercial shipments by 2026. Ice’s Louisiana facility is the […]

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Paz Oil, Arava Power, Menora Mivtachim Close on Sunray Loan 

Paz Oil, Arava Power and Menora Mivtachim have closed on a tax equity bridge loan of $144M for the 272 MW Sunray Project located in Uvalde County, Texas. The financing will support the project’s continued construction and operation. “We are delighted to have reached another significant milestone in the financing of Project Sunray and are […]

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Mercom Reports Solar Companies Raise $34.3B in 2023 Corporate Funding 

Mercom Capital Group has released its annual report on funding and M&A activity for the solar sector, finding that total corporate funding, including from VC, public market and debt financing, increased 42% year-over-year in 2023.  The report further found $34.3B was raised in 160 deals, compared to $24.1B in 175 deals the previous year. Almost […]

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DOI, BLM Announce Next Steps in Promoting Solar Energy Development 

The Department of the Interior (DOI) has updated its roadmap for solar development across the U.S. West, designed to improve production in more states and efficiency in renewables siting and permitting on public lands.  The Bureau of Land Management (BLM) also announced next steps on several projects in Arizona, California and Nevada, representing more than […]

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Raymond Implements Energy Storage and Generating Systems at Warehouse

The Raymond Corporation has finalized deployment of a full-scale BESS, solar microgrid array and warehouse energy management system at its distribution warehouse in Greene, N.Y.  “With the implementation of behind-the-meter storage at our distribution center, we have gained insights into the benefits of the system in material handling applications specifically related to alleviating increased demand […]

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Scale Microgrids Acquires 500 MW of Community Solar

Scale Microgrids has entered into a definitive agreement with Gutami to acquire 500 MW of distributed solar and storage projects across multiple states, including California and New York. Building on their existing 100 MW New York partnership, the companies have executed an expansion agreement under which Gutami will develop 500 MW of energy transition infrastructure […]

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Ameresco Completes 27 MW Solar Farm in Illinois

Ameresco has completed a 26.3 MW solar farm in DePue, Ill., consisting of 65,832 PV panels installed on ballast blocks above ground and is estimated to produce 37,000 MWh in its first year of operation. The company has served as developer, builder and owner of the solar farm on the brownfield site and began development […]

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Maxeon Introduces New U.S. Commercial Partner Program

Maxeon Solar Technologies has introduced its new commercial partner program aimed at domestic solar installers and dealers.  The company is offering providers joining the program access to its high-efficiency modules, warranties and sales support, along with other features. “We know how important it is for our partners to thrive, and the Maxeon Commercial Partner Program […]

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Panasonic Names New Elite, Premium Solar Installation Firms

Panasonic has promoted two Elite and seven Premium level solar installers, expanding the number of homeowners who will gain access to the benefits of Panasonic’s EVERVOLT home energy solutions portfolio. The Elite installers are Celestial Solar Innovations LLC, Frederick, Md., and Northwest Renewables, Spokane, Wash. The Premium installers include Connected Technology, Rocklin, Calif.; HE Solar, […]

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