Copenhagen Infrastructure Partners (CIP) has taken final investment decision and commenced construction on a 500 MW energy storage system in Coalburn, Scotland. The facility is the first project to be developed from the partnership between CIP and Alcemi to deploy 4 GW of energy storage assets across the U.K. and will be one of the […]
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Secure Solar Future has signed a 25-year solar PPA with Mountain Empire Community College to develop a 777 kW solar power system on its campus in Big Stone Gap, Va. Secure Solar Futures will install a total of 1,679 panels manufactured by Jinko Solar at two locations. Dalton-Cantrell Hall will host 117 kW of solar […]
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Enfinity Global has closed €118 million in financing for the construction of 101 MW in four utility-scale solar power plants located in the Lazio, Italy, region. UniCredit, BayernLB and Siemens Financial Services through Siemens Bank acted as mandated lead arrangers for each project financing through a club deal structure. The financing will provide €77 million […]
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energyRe has raised a $1.2 billion capital package to support the expansion of its large-scale renewable portfolio. The portfolio, comprising utility-scale transmission and storage, onshore wind and solar generation, as well as offshore wind, will leverage these investments to advance its stated mission of decarbonizing U.S. cities. “energyRe’s world-class renewable energy portfolio and team have […]
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PowMr has launched its SOLXPOW Energy Storage Inverters series, designed for both residential and commercial scenarios. The X1 residential series are available in variants ranging from 3 kW to 8 kW, with a 97.6% maximum efficiency, 15 A PV input current, and a 30 A charge/discharge capacity, says the company. The X2 residential series, with […]
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The New York State Energy Research and Development Authority (NYSERDA) today announced the launch of expedited renewable energy solicitations as part of the state’s plan to bolster its large-scale renewable industry. The solicitations, initially announced by New York governor Kathy Hochul earlier this month, are open to all project developers. As part of these solicitations, […]
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Five Chicagoland counties, nonprofit advocates and solar professionals have joined to educate consumers on how they can install discounted solar panels, the Citizens Utility Board (CUB) says. The Solar Switch program, formerly called Grow Solar Chicagoland, is a partnership among Cook, DuPage, Kane, Lake and Will counties, along with nonprofits CUB and the Midwest Renewable […]
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SB Energy has secured a combined $2.4 billion aimed at supporting communities with domestically produced renewable energy. Working with J.P. Morgan, Bank of America, Morgan Stanley Renewables and Truist Bank, SB Energy closed approximately $800 million in tax equity. Working with MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank and Société Générale, the company […]
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Sol Systems has announced the addition of its new CTO, Scott Day. Day previously spent 11 years as the CTO for music tech company SoundExchange. Prior to SoundExchange, Day led the technology team behind The Motley Fool. He will focus on scaling Sol Systems’ technology and customer offerings. “We are excited to have Scott expand […]
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Primergy has closed commitments for $300 million in debt finance and tax equity investment for the 100 MW AC Prairie Mist Solar Project in Ashley County, Ark. The Prairie Mist project debt financing includes a tax equity bridge loan, construction/term debt and a letter of credit facility. The debt facilities are led by Norddeutsche Landesbank […]
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More than 2 GW of community solar, enough to serve 393,000 homes, have been installed in New York. This milestone contributes to 5 GW of total distributed solar operating across the state, with 3.3 GW in development. It also marks New York’s progress towards achieving its Climate Leadership and Community Protection Act goal of installing […]
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Brightcore Energy is partnering with Altus Power and Brennan Investment Group on a new project consisting of more than 16,000 solar panels arrayed across the rooftops of 19 properties owned in a joint venture between Brennan and investment firm Global Gate Capital. “We are pleased to have the opportunity to work with Altus Power and […]
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