Pivot Energy has signed a five-year framework agreement with Microsoft to develop 500 MW of solar energy projects across the U.S. between 2025 and 2029. The agreement is expected to enable Pivot’s development of 150 domestic solar projects in 100 communities across 20 states, including Colorado, Maryland, Illinois, Delaware, Pennsylvania and Ohio. Microsoft will purchase […]
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GoodWe Technologies has launched its LVSMT-US inverter to meet the needs of small C&I installations. The company says the inverter can be set during commissioning to a range of sizes and voltage outputs. The product uses the same string inverter technology as the company’s SMT-US series for medium- to large-scale C&I installations. It adds that […]
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Radial Power has acquired four New York State community solar projects, totaling 22.3 MW, from Galehead Development. Following the closing of each transaction, Radial Power will oversee the final development and construction of the projects, which all qualify for the state’s Value of Distributed Energy Resources (VDER) program. Galehead developed the projects while working with […]
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DSD Renewables and General Energy Corporation have partnered to deploy a 1.54 MW portfolio of rooftop solar projects across three park districts in Illinois. The five installations are set to be located in Elmhurst, Sycamore and Urbana. “Illinois has a proven history of implementing energy efficiency programs, and these projects will only add to that […]
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Origis Energy has closed on $71 million in tax equity financing with U.S. Bancorp Impact Finance for its 75 MW Rice Creek Solar project in Putnam County, Fla. The project is contracted with the Florida Municipal Power Agency (FMPA) for 12 of their participating member municipal utilities. “U.S. Bank’s expertise and commitment to the renewable […]
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JERA Nex has acquired two solar projects from Lightsource bp: the 300 MW Oxbow solar farm in Louisiana, and the 95 MW Happy solar farm in Arkansas. Both projects are in commercial operation. The Happy project has a long-term PPA with Conway Corp, the city-owned utility system in Conway, Ark. Oxbow has long-term PPAs with […]
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Standard Chartered has closed on a six-year, $235 million non-recourse senior secured term green loan facility to fund the development, construction and operation of a 1.35 million square foot PV manufacturing plant in Wilmer, Texas, for Trinasolar. Standard Chartered was the sole lead structuring bank and bookrunner for the financing and acted as green loan […]
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NorthStar Clean Energy has opened Newport Solar, a 180 MW project designed to source renewable electricity for General Motors’ operations in the Midcontinent Independent System Operator (MISO) territory. The single-axis photovoltaic project is located in Arkansas. “NorthStar is committed to helping our customers reach their sustainability and business goals and the Newport Solar project demonstrates […]
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Summit Ridge Energy and HASI have closed a $309 million back-leveraged term loan on a portfolio of 80 operating community solar projects. The 216 MW portfolio, built by Summit Ridge, includes ground-mount and rooftop community solar projects throughout Illinois and Maryland. “We’re thrilled to partner with Bank of America, Nomura Securities International, Prudential Private Capital […]
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SolarMax Technology has signed a non-binding MOU for its first major U.S. commercial solar installation, a 4.27 MW project located in Las Vegas that will also include a 2 MW energy storage system and 10 EV charging stations. “This project represents the beginning of an exciting new chapter for SolarMax,” says David Hsu, CEO of […]
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The U.S. Department of Energy (DOE) is set to invest $2.2 billion in the nation’s grid for eight projects across 18 states, with the aim of protecting the infrastructure against extreme weather threats, lowering costs for communities, and catalyzing additional grid capacity to meet load growth. Funded by the Bipartisan Infrastructure Law’s Grid Resilience and […]
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SunPower has entered into an asset purchase agreement, with Complete Solaria serving as stalking horse buyer for the assets associated with SunPower’s Blue Raven Solar business, new homes business and non-installing dealer network. The company and certain subsidiaries filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. Subject to court […]
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