Cubico Sustainable Investments has commenced operations at Crossett Solar Park, a 132 MW PV facility located in Ashley County, Ark. Google has completed a long-term PPA with Crossett to support its data center operations in the Midwest. In June, the tax equity financing for the project was closed with Greenprint Capital, acting as the tax […]
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Primergy Solar has closed on $225 million in project financing for its Valley of Fire (VoF) portfolio. The financing includes a $125 million tax credit sale for the Gemini Solar + Storage project and a $100 million revolving credit facility from Rabobank for the continued development of the other VoF projects. The VoF portfolio includes […]
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Avantus has sold its Catclaw Solar and Energy Storage Project to D.E. Shaw Renewable Investments (DESRI). Located in Buckeye, Ariz., in Maricopa County, the project features 225 MW of solar and 250 MW of energy storage. The transaction includes a long-term PPA with Arizona Public Service (APS) for the project. Avantus was responsible for the […]
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H&M Group has signed a VPPA with Lightsource bp for its 125 MW Second Division solar project, currently under construction in Brazoria County, Texas. “Considering fashion’s environmental impact, we see great value in moving away from just using certificates to contributing to more clean energy,” says Ulrika Leverenz, head of green investment, H&M Group. “By […]
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Birch Creek Energy has closed on a $150 million credit facility within KKR’s High-Grade Asset-Based Finance strategy via insurance accounts managed by KKR. The financing extends and upsizes Birch Creek’s previous $100 million facility, and it will be used to finance development expenses and equipment for solar farms in the company’s development portfolio. The company […]
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Recurrent Energy’s Liberty Solar, a 134 MW solar project in Liberty County, Texas, has reached commercial operation. Customers for the project include Autodesk; Biogen; EMD Electronics, the U.S. and Canada electronics business of Merck and Wayfair. Recurrent Energy plans to remain the long-term owner and operator of the project. “Liberty Solar is a fantastic project […]
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Hunt Military Communities (HMC) has advanced its Phase II Solar and Battery Project at Hanscom Air Force Base. The 2.2 MW PV system will enable the community that includes 2,500 military residents to draw 30% of its total electricity supply from renewable energy. The project involves the installation of solar systems on the rooftops of […]
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Altus Power has completed three new solar projects in Maine, adding a total of 19.1 MW to the company’s portfolio. “Our process of acquiring and developing solar assets from many different market participants allows us to build scale swiftly, enabling us to pass along the resulting economies of scale to our partners and the communities […]
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ENGIE North America and Meta have completed an environmental attributes purchase agreement (EAPA) for ENGIE to supply 260 MW of renewable energy and associated environmental attributes from its Sypert Branch solar project in Milam County, Texas, to support Meta’s power needs. Meta will purchase all of the facility’s output, which is expected to commence operation […]
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Recurrent Energy has signed two new 20-year tolling agreements with Arizona Public Service Company (APS) for the Desert Bloom Storage and Papago Solar projects. Both projects, located in Maricopa County, are scheduled to start construction next year and reach operation in 2026. Desert Bloom Storage is a 600 MWh standalone storage facility, while Papago Solar […]
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SOLARCYCLE is set to add a 5 GW recycling facility in Cedartown, Ga. The 255,000 square foot facility is slated to have the capacity to recycle and recover materials from 10 million solar panels per year, says the company. It is set to initially recycle 2 million solar panels annually and scale as the company […]
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Two new solar projects in Kent County, Del., developed by Chaberton Energy, are beginning construction and expected to start generating electricity for subscribers in the surrounding communities next year. The projects, owned and operated by Pivot Energy, are expected to generate 10 MW when completed. The 5.7 MW Crestone solar farm in Harrington, Del., is […]
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