Gov. Dan McKee has signed historic legislation into law to substantially increase renewable energy production and supply by requiring that 100% of Rhode Island’s electricity be offset by renewable production by 2033. Rhode Island is the first state in the country to commit to 100% renewable energy by 2033. “Last year, I signed the Act […]
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The latest BloombergNEF (BNEF) analysis shows the cost of new-build onshore wind has risen 7% year over year, and fixed-axis solar has jumped 14%. The global benchmark levelized cost of electricity (LCOE) has temporarily retreated to where it was in 2019. Cost rises are linked to increases in the cost of materials, freight, fuel and […]
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Leeward Renewable Energy (LRE) has closed $58.5 million in construction financing and secured tax equity commitments for its Rabbitbrush Solar Facility, located in Kern County, Calif. Wells Fargo served as the administrative agent on the construction financing, and Silicon Valley Bank and MUFG served as joint lead arrangers. Wells Fargo served as green structuring agent, […]
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DSD Renewables has acquired a seven-project, 11.3 MW community solar portfolio spanning six cities in Minnesota. The acquisition marks DSD’s first venture in Minnesota, expanding its footprint of assets to 22 states across the nation. Six of the sites will have 100% residential offtake and are expected to serve more than 600 residents, while the […]
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D. E. Shaw Renewable Investments (DESRI) has entered into a strategic financing relationship with Harbert Infrastructure managed funds, including Gulf Pacific Power LLC (GPP) and Harbert Infrastructure Fund VI (HIF VI). Under the arrangement, Harbert will provide DESRI with up to $400 million of capital to use at DESRI’s discretion. This relationship will support DESRI’s […]
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LyondellBasell has signed its first two U.S. power purchase agreements (PPA) supporting the company’s climate goal to procure a minimum of 50% of electricity from renewable sources by 2030. The combined agreements represent 216 MW of renewable energy, which is estimated to generate approximately 628,000 MWh of clean power annually. Approximately 15% of LyondellBasell’s total […]
The post LyondellBasell Signs 116 MW Solar PPA with Buckeye Partners appeared first on Solar Industry.
Ingeteam has started manufacturing its new INGECON SUN FSK power stations for photovoltaic plants and storage systems. It is a solution for large-scale projects due to its high power rating, which can reach up to 7.65 MW output power at medium voltage. This new design was produced to make installation and connection work in the […]
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DSD Renewables has acquired a seven-project, 11.3 MW community solar portfolio spanning six cities in Minnesota. The acquisition marks DSD’s first venture in Minnesota, expanding its footprint of assets to 22 states across the nation. Six of the sites will have 100% residential offtake and are expected to serve more than 600 residents, while the […]
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Allume Energy, RENU Communities and esaSolar have successfully commissioned Orlando’s first behind-the-meter shared solar system in a multifamily building. SolShare is a hardware for sharing rooftop solar with multiple apartments in the same building. One of the first of its kind in the U.S., the shared solar system will generate clean renewable electricity for Canopy […]
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Gripple has launched its second product range aimed at increasing both build-stage and O&M efficiency for solar EPCs, contractors and developers. The CR-System range comprises overground cable routing devices that are lightweight but strong, able to hold 1,170 6 mm2 of cables and have the potential to be stacked to increase capacity. Manufactured from polycarbonate, […]
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Solar FlexRack and Tucson Electric Power (TEP) are working on an innovative community solar project in southern Arizona. TEP’s 15 MW Raptor Ridge solar array was commissioned this month at a 100-acre site in Tucson, Ariz. The project utilizes Solar FlexRack’s single-axis trackers to support 35,500 bifacial modules, which increase energy production by up to […]
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Ameren Corp. subsidiary Ameren Missouri is acquiring the company’s largest solar facility, a 200 MW solar installation in central Missouri that is expected to create more than 250 construction jobs. The facility will be acquired pursuant to a build-transfer agreement with EDF Renewables North America. Known as the Huck Finn Solar Project, it will be […]
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