Alternus Clean Energy has agreed to acquire an 80 MW portfolio of 33 operating PV projects distributed across eight U.S. states. The portfolio has agreements in place, the company says, with an average remaining term of 12 years through 16 different counterparties. Total consideration is approximately $60 million including existing project debt. Alternus plans to […]
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Chaberton Energy and Pivot Energy are partnering on a Maryland solar project aimed at powering both commercial and community customers. The 19-acre site, named Project Catherine, sits on St. Mary Coptic Orthodox Church’s property in Cooksville, Md., and is expected to generate 4.3 MW. A portion of the project supplies energy directly to the church, […]
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Aspen Power is partnering with a developer to acquire 20 community solar projects, primarily located in Illinois, with a total 19 MW of capacity. The portfolio consists of projects in various stages, including projects already in construction and set to be commissioned this year. “We are excited to announce plans to acquire these solar projects […]
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GAF Energy, a Standard Industries company, has opened the doors to its new 450,000 sq. foot Timberline Solar manufacturing facility in Georgetown, Texas. “Today is a great day for the future of solar and the future of Georgetown,” says Martin DeBono, president of GAF Energy. “We’re thrilled to be celebrating the opening of our manufacturing […]
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Sunrun has enrolled nearly 1,800 customers, including 2,000 batteries, in its PowerOn Puerto Rico virtual power plant program, which has been supplying energy from solar-plus-storage systems to the island’s grid since last fall. The company is the largest participant in Puerto Rico’s Battery Emergency Demand Response Program. When the island’s electric utility provider, LUMA, foresees […]
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MN8 Energy has ordered 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules from First Solar, for use in projects across the northeastern and southern U.S. MN8 previously transacted with First Solar in their acquisition of the 123 MW American Kings Solar project in California. “We are pleased to […]
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Captona and UBS Asset Management’s Real Estate & Private Markets business have closed on a portfolio investment of four utility-scale BESS projects in Texas. Previously acquired by UBS Asset Management, the projects total 728 MW. Ranging from 100 MW to 300 MW in nameplate capacity apiece, they are slated to come online this year. “Captona […]
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Stäubli North America has announced expanding manufacturing and assembly operations in its South Carolina and California plants. “We plan to steadily increase our made-in-America products at these manufacturing facilities,” says Stäubli North America’s Brian Mills. “Increasing our already established solar connector manufacturing footprint in the U.S. puts Stäubli in a strong position to support the […]
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energyRe has secured $155 million in project financing and a $85 million tax equity commitment for its 108 MW Lone Star Solar project and 198 MW BESS, located in South Carolina. Financing for the project includes construction debt, tax equity bridge facility and letter of credit facility, with Santander acting as the coordinating lead arranger. […]
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First Solar is set to supply Birch Creek Energy with 547 MW of its Series 6 Plus Bifacial thin-film PV modules, for use in the company’s projects being developed across the U.S. “Birch Creek’s decision to partner with us is a validation of our technology and competitiveness, and the value of pricing and supply certainty,” […]
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Array Technologies has broken ground on its new $50 million manufacturing campus in Bernalillo County, N.M., which the company says was made possible through Inflation Reduction Act (IRA) tax credits. “Array’s new manufacturing facility will create good-paying jobs in New Mexico, strengthen the domestic solar supply chain and ultimately help us achieve greater American energy […]
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Matrix Renewables has signed a renewable energy power purchase agreement with affiliates of the Hyundai Motor Group for 147 MW from its 284 MW Stillhouse Solar project, located in Bell County, Texas. “We are thrilled to have finalized this agreement with Hyundai Motor Group, contributing to the achievement of its ambitious sustainability objectives in the […]
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