PosiGen has received a $150 million expanded commitment through a direct lending infrastructure fund managed by Brookfield Asset Management. Brookfield and PosiGen began working together last year, with funding now totaling $400 million, including this latest investment. “Brookfield’s support for meaningfully upsizing its financial commitment so quickly is a testament to the strength of our […]
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Arevon Energy, in partnership with CenterPoint Energy, have broken ground on construction for the 228 MW Posey Solar Project in Posey County, Ind. Arevon developed the project along with CenterPoint, with Bechtel serving as its EPC contractor. CenterPoint will be the project’s long-term owner and operator during its estimated 35-year lifespan. “Posey Solar provides significant […]
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The Biden-Harris Administration is taking action to curb imports of Chinese solar cells and modules, in addition to the tariff rate hike announced earlier this week. The new restrictions include removing the tariff exemption for bifacial modules, ending the solar bridge and cracking down on stockpiling, as well as providing additional guidance on the domestic […]
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PosiGen has received a $150 million expanded commitment through a direct lending infrastructure fund managed by Brookfield Asset Management. Brookfield and PosiGen began working together last year, with funding now totaling $400 million, including this latest investment. “Brookfield’s support for meaningfully upsizing its financial commitment so quickly is a testament to the strength of our […]
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The United States has exceeded 5 million solar installations, according to data released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, coming eight years after the country reached its one million installation milestone in 2016. The data further revealed that over half of all domestic solar installations have come online since 2020 and […]
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Catalyze has secured $100 million in financing from NY Green Bank, a division of the New York State Energy Research and Development Authority (NYSERDA), to support a 79 MW portfolio of community distributed generation (CDG) solar projects across the state. The transaction is in line with the bank’s commitment to equitable energy transition by requiring […]
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Schneider Electric is collaborating with Crux to procure Section 45X Advanced Manufacturing Production Tax Credits from Silfab Solar, allowing Silfab to expand its domestic manufacturing capabilities. “We are excited to announce a tax credit transfer agreement with Crux and Silfab Solar to accelerate the growth and expansion of American domestic manufacturing of solar energy,” says […]
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BrightNight and Cordelio Power have secured a $414 million construction credit facility for their 300 MW Box Canyon solar power project in Pinal County, Ariz. “Along with our recent $375 million corporate credit facility with a strong bank group, this successful financing is a significant milestone in funding the buildout of our extensive 37 GW […]
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We Recycle Solar and Renewables.org have expanded their collaboration and are launching a program for developers, IPPs and manufacturers to make tax-deductible donations of surplus, residual and used PV panels. “This is far more than just a recycling program. We’re actually clearing pathways for meaningful community impact and substantial financial benefits,” says AJ Orben, We […]
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The Appalachian Power Company has issued three RFPs for wind, solar, BESS and renewable energy certificates (RECs). The first RFP requests bids for up to 800 MW of wind and/or solar resources, as well as co-located and standalone battery energy storage systems. The company seeks to acquire completed or development-stage projects, with a preference for […]
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Qcells and Hanwha Aerospace USA (HAU), both subsidiaries of the Hanwha Group, have completed two solar and energy storage projects in Connecticut to help HAU meet its energy demands. Under a 20-year PPA, Qcells will provide HAU with 20% of its energy needs from the projects, which total 1.7 MW of solar and 1.2 MWh […]
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Silicon Ranch and Middle Tennessee Electric (MTE) are set to partner on the 110 MW Copeland Solar Farm, which the company says will be the largest solar facility to serve a local power company directly in the Tennessee Valley. It is the first large-scale solar facility planned under the Tennessee Valley Authority’s (TVA) newly expanded […]
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