SolarKal has steered 13 commercial solar projects through to acceptance in the New Jersey Community Solar program, adding 12 MW of renewable energy to benefit state residents who cannot otherwise access solar savings. Community solar subscribers will be guaranteed a minimum discount on their utility bill of no less than 15%, applied for the duration […]
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CL Energy Storage Corporation (CLOU) has signed a purchase order with Stella Energy Solutions to deliver approximately 480 MWh of containerized battery energy storage systems and 200 MW of PCS Skid to support Stella’s clean energy projects. Based in Texas, Stella develops and constructs energy storage and solar infrastructure projects. It has built and operated […]
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Advanced Power has purchased renewable energy investment tax credits, made available through the development of rooftop solar facilities offered for sale by a third party. The Inflation Reduction Act made the purchase possible, says the company, through Section 6418 of the Internal Revenue Code, which allows for transfer of certain energy tax credits from renewable […]
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Borrego Energy has rebranded its O&M business as Cleanleaf Energy, with a focus on providing operations and maintenance services to domestic utility and commercial PV and BESS projects. “We were one of the early O&M providers in the country, establishing best practices and a reputation for excellence, while growing the business over those crucial early […]
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Altus Power has closed on a secured credit facility with a principal loan amount of $100 million by an affiliate of Goldman Sachs Asset Management and CPPIB Credit Investments III, a subsidiary of Canada Pension Plan Investment Board. The company plans to use facility proceeds to support its ongoing expansion. The facility carries an 8.5% […]
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CIP’s Energy Transition Fund I has obtained full ownership of Soltec’s Danish early-stage PV portfolio, with the intention of developing these assets to provide electricity for ETF I’s Danish Power-to-X projects. The portfolio consists of development projects scattered across Denmark with a combined potential installed capacity of approximately 850 MW. “The Soltec portfolio represents an […]
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SinglePoint subsidiary Boston Solar has partnered with Energizer Solar to launch the collaboration’s home battery solution in the North American market. Previously introduced to the Australia, Germany and U.K. markets, the collaboration provides multiple solar products and will enable Boston Solar to provide energy storage systems to their new and existing customer base. “This new […]
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Alliant Energy has completed six new solar projects in Wisconsin, adding 514 MW of energy to the company’s generation capacity. “Completing these projects is a huge milestone and a pivotal moment in our journey toward a brighter energy future,” says David de Leon, Alliant Energy’s Wisconsin president. “We’re proud to leverage new technology and locally […]
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Waaree Energies has announced plans to establish its first U.S. manufacturing facility, in the Houston area. Located in Brookshire, the facility will have an initial capacity of 3 GW of solar modules annually by the end of next year, says the company. Waaree plans to invest up to $B over the next four years to […]
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First Solar has entered into two separate tax credit transfer agreements to sell $500M and up to $200M of 2023 Inflation Reduction Act Advanced Manufacturing Production tax credits to Fiserv, subject to satisfaction of certain conditions. Under the terms of the agreements, Fiserv will pay $0.96 per $1 of tax credits to First Solar during […]
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MPC Caribbean Clean Energy Fund has financially closed Phase II of Monte Plata solar park in the Dominican Republic. The Phase II attracted a project finance loan from Dutch development finance institution FMO, Panamanian financial institution and asset manager CIFI and the CIFI Sustainable Infrastructure Debt Fund. MPC Caribbean Clean Energy Fund indirectly holds an […]
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The Michigan Public Service Commission (MPSC) has approved the plan by Indiana Michigan Power (I&M) to build its largest solar farm to date. I&M will own and operate the Lake Trout solar plant near Montpelier, Ind., which will be connected to the power grid serving both Michigan and Indiana. The company says it expects the […]
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