Castillo Engineering has been selected by Recon Corporation to provide design and engineering services on two new community solar projects in Illinois, totaling 15 MW. Part of the Illinois Shines or Adjustable Block Program, the two 7.5 MW projects are located in the cities of Pontiac and Odell and will use single axis trackers. The […]
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Higher education institutions, healthcare systems and a group of public and nonprofit organizations in Greater Boston and the North Shore are adding two renewable energy projects to regional power grids by establishing the Consortium for Climate Solutions to address the carbon-free objectives of its members. Through two 15-year VPPAs, the consortium’s procurement is spurring the […]
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Pivot Energy has secured a $450 million debt warehouse facility, led by First Citizens Bank, which includes new strategic partner ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds. Pivot also closed on a structured equity investment from HA Sustainable Infrastructure Capital (HASI) in a new project joint venture. […]
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National Renewable Solutions (NRS) has closed on $145 million in project financing for its Shallow Basket Project, a 140 MW solar and 50 MW storage project located in Rio Arriba County, N.M. The project is under construction and is expected to be operational next year. NRS developed the project and will continue to own and […]
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Silfab Solar has closed on $100 million of new financing to scale its solar cell manufacturing plant in Fort Mills, S.C. The $50 million equity investment was led by funds advised by ARC Financial and includes investment from their existing co-investors. The company additionally raised a $50 million senior secured financing, led by Breakwall Capital, […]
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Arizona Public Service (APS) has signed agreements in what it calls the company’s largest-ever planned addition of new power sources. In all, APS will add 7,300 MW of renewable power, battery energy storage and natural gas to meet the state’s growing energy demand for energy. The deals were signed through the company’s 2023 All Source […]
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After a two-year permitting process, Contra Costa County has granted the Ranch Sereno Clean Power (RASE) project, being developed by Renewable America (RNA), a conditional use permit. Granted in September, the permit clears the way for development of the new solar and storage project in Byron, Calif. The project is set to be built on […]
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Altus Power has acquired a 3.4 MW Maryland solar project from Chaberton Energy, which Altus Power will complete development of and then construct. Upon completion, the power generated by the asset, owned and operated by Altus and located in East New Market, Md., will be delivered to the local community, through the state’s Community Solar […]
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Penske Truck Leasing has installed and activated its first rooftop solar-powered systems, at the company’s new facility in Channahon, Ill. The PV system, at 200 kW, is expected to generate 80% of the building’s energy needs. Any remaining required energy will be supplied by the local utility provider. Another PV system, at the company’s Grand […]
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Sunnova Energy International has been selected by the Penobscot Nation in Maine to deploy a 0.5 MW battery energy storage system (BESS) for the tribe’s community and commerce facilities. “The advanced solar microgrid for the Penobscot Nation will be a source of clean, reliable power to protect and strengthen the community for years to come,” […]
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Agilitas Energy has secured both a construction loan and tax equity financing from 1st Source Bank, to be used towards national expansion efforts in project development. The financing is slated to help Agilitas Energy connect renewable energy storage projects in Bristol, Vermont, and Patchogue, N.Y., to the grid. The Briston project is operational, with Vermont […]
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National Renewable Solutions (NRS) has closed on $145 million in project financing for its Shallow Basket Project, a 140 MW solar and 50 MW storage project located in Rio Arriba County, N.M. The project is under construction and is expected to be operational next year. NRS developed the project and will continue to own and […]
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