174 Power Global has completed and energized its Oberon Solar Power Facility, one of the largest utility-scale solar generation facilities in Texas. Chariot Energy, an affiliate of 174 Power Global, has entered into a power purchase agreement (PPA) for 30 MW of the 180 MW project to support its 100% renewable energy product offering to […]
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Duke Energy Renewables, a subsidiary of Duke Energy, has closed $109.4 million in preferred tax equity funding from Goldman Sachs’ Alternative Energy Investing Group. The investment will be used over 18 months to fund a diverse portfolio of approximately 75 MW of solar and solar+storage projects, which will be developed and constructed by Duke Energy […]
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Helios Infrastructure, a joint venture between Nationwide and Sol Systems, has completed its project purchase from Cypress Creek Renewables. The $200+ million portfolio spans 20 projects across North Carolina, of which 97 MW are operational and 51 MW are under construction. Since 2012, Nationwide and Sol Systems have financed over $700 million of solar projects […]
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Marathon Capital LLC, a financial advisory and investment banking firm, has advised the successful sale of the High Desert Solar Project (HDSI) on behalf of Middle River Power (MRP), the operating and development platform of Avenue Capital, to Goldman Sachs Renewable Power (GSRP). HDSI is a 100 MW AC solar and 50 MW AC battery […]
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Trina Solar Co. Ltd., a company that specializes in solar technology manufacturing, has signed an investment cooperation agreement with the management committee of the Yancheng Economic and Technological Development Zone to expand its manufacturing capacity of 210 mm solar cells. In line with Trina Solar’s strategies, the company will add 7.6 GW in annual production […]
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Intersolar North America (ISNA) and Energy Storage North America (ESNA) say their newly combined conference and expo, previously set for January, has been rescheduled to July 14-16, 2021, in Long Beach, Calif., due to the ongoing risks of COVID-19 and the uncertainty surrounding the lifting of travel restrictions and bans on large gatherings. “When it […]
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Governor Ralph Northam has signed the Virginia Clean Economy Act, which establishes bold energy efficiency standards and provides a pathway for new investments in solar, onshore wind, offshore wind and energy storage. Additional legislation signed by Northam advances shared solar and energy storage programs, and dramatically transforms the rooftop solar market. “We are at a […]
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WinJi, a Swiss start-up that developed the True Power renewable energy asset management platform, has been awarded a $2 million loan guarantee by the Swiss Technology Fund. This loan guarantee will facilitate WinJi’s upcoming debt-raising, with a view to accelerate the company’s growth and finance further platform developments. Technology Fund successfully approved WinJi’s technology and […]
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Capital Dynamics, an independent global private asset management firm, says its Clean Energy Infrastructure business has signed an agreement with the U.S. energy company Tenaska to develop a portfolio of nine battery energy storage system (BESS) projects located throughout California’s highest electrical load centers. The agreement expands the strategic relationship between the two companies, which […]
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ReneSola Ltd., a fully integrated solar project developer, has completed a 21.05 MW portfolio of community solar projects in Minnesota. ReneSola Power developed and subsequently sold this community solar portfolio to Nautilus Solar Energy LLC, a national solar project acquisition, development and asset management company. “We are excited to have successfully developed these community projects, […]
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CIT Group Inc., a financial holding company, says its Power and Energy unit served as sole lead arranger on a $162 million financing for the East Blackland Solar Project in Travis County, Texas. The financing was arranged on behalf of Recurrent Energy LLC, a wholly owned subsidiary of Canadian Solar Inc. that functions as Canadian […]
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BayWa r.e. Solar Systems LLC, a U.S. distributor of solar and energy storage components and systems, has partnered with Generac Power Systems, a global designer and manufacturer of energy technology solutions and other power products. BayWa r.e. has added Generac’s advanced PWRcell battery system and integrated energy storage ecosystem components to its distribution line card […]
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