Arevon Energy has closed on $299 million in aggregate debt financing commitments for the company’s Ratts 1 Solar and Heirloom Solar Projects in Indiana. The projects, part of the company’s portfolio in the Midwest and Midcontinent Independent System Operator (MISO) territory, will add 264 MW of capacity to Pike County. This is Arevon’s first deal […]
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Enphase Energy has released its solution for expanding legacy California net energy metering (NEM) solar energy systems without penalty: through use of the company’s Energy Systems configurations with IQ Microinverters, IQ Batteries and Enphase Power Control. Until recently, the company says, homeowners enrolled in legacy NEM programs were limited on how much they could expand […]
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NeoVolta has secured a $5 million line of credit from National Energy Modelers, which the company says will bolster its working capital while preserving shareholder equity. The LOC is a pure debt financing agreement with no equity component. “We are thrilled to secure this $5 million line of credit,” says Steve Bond, CFO of NeoVolta. […]
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Mill Creek Renewables has announced the commencement of commercial operations at Great Cove Solar, a 220 MW project encompassing two solar facilities stretched across 1,600 acres in Franklin and Fulton counties, Pa. Dubbed the largest solar project in the state by the company, Great Cove Solar comprises 485,000 panels. It is set to provide power […]
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AES Indiana has submitted a filing with the Indiana Utility Regulatory Commission requesting a Certificate of Public Convenience and Necessity (CPCN) seeking approval to acquire, construct and recover costs for the company’s Crossvine solar plus battery energy storage project. The project, set to be purchased from Lightsource bp, is anticipated to bring 85 MW of […]
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Canadian Solar has entered into a partnership agreement with SOLARCYCLE, which the company says positions Canadian Solar as one of the first crystalline silicon solar module manufacturers to offer comprehensive recycling services in the U.S. Under the terms of the agreement, SOLARCYCLE will serve as Canadian Solar’s preferred recycling partner, while Canadian Solar will act […]
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Doral Renewables has closed on a project debt financing package to support initial construction of the remaining phases of its Mammoth Solar complex, located in northern Indiana. KeyBanc Capital Markets acted as coordinating lead arranger and administrative agent, with HSBC and Santander Corporate & Investment Banking acting as joint lead arrangers for the $285 million […]
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Invenergy has completed its 50 MW El Sol Energy Storage Center, its 10th battery energy storage project in Arizona to reach commercial operations since the start of last year. The company says Invenergy’s project portfolio accounts for nearly half of all storage facilities to come online in the state during that same time frame. “The […]
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Encore Renewable Energy has commenced construction on a 3.6 MW solar array located in Constable, N.Y. Constable Solar is the company’s first solar project in New York State and part of nearly 90 MW of solar and energy storage currently under development by Encore in the state. Under New York’s NY-Sun Initiative and VDER program, […]
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Arevon Energy has broken ground on the 251 MW Gibson Solar Project, set to be constructed in Gibson County, Ind. The groundbreaking ceremony was attended by Indiana and Gibson County public officials and leaders, landowners and community members, as well as project partners and the Arevon team. The ceremony also recognized Arevon’s partners and collaborators, […]
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Ingeteam has supplied its solar PV power conversion systems and controls for two Acciona Energía projects, located in Wharton and Fort Bend counties, Texas. The first project, with a 317 MW capacity, consists of 48 transformer stations equipped with 185 Ingeteam central inverters. This is the first large-scale project to be installed and commissioned by […]
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Power Sustainable Energy Infrastructure (PSEI) and EDF Renewables North America have closed Phase 1 of a strategic investment whereby PSEI acquired a 50% stake in the Desert Quartzite Solar+Storage Project. This investment was executed with Potentia Renewables, PSEI’s integrated developer and operator. The final phase of the investment is expected to close upon the project’s […]
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