Pattern Energy Group LP, a privately-owned developer and operator of wind, solar, transmission and energy storage projects, has completed financing and has started construction on its 105 MW DC Phoenix Solar Project located in Fannin County, Texas. ING Capital LLC provided construction and term project financing, and tax equity was provided by RBC Community Investments, […]
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Cyber-physical systems security researchers at the University of California Irvine have disrupted the functioning of a power grid using about $50 worth of equipment tucked inside a disposable coffee cup. In a presentation delivered at the recent Usenix Security 2020 conference, Mohammad Al Faruque, UCI associate professor of electrical engineering computer science, and his team […]
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174 Power Global has completed and energized its Oberon Solar Power Facility, one of the largest utility-scale solar generation facilities in Texas. Chariot Energy, an affiliate of 174 Power Global, has entered into a power purchase agreement (PPA) for 30 MW of the 180 MW project to support its 100% renewable energy product offering to […]
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Duke Energy Renewables, a subsidiary of Duke Energy, has closed $109.4 million in preferred tax equity funding from Goldman Sachs’ Alternative Energy Investing Group. The investment will be used over 18 months to fund a diverse portfolio of approximately 75 MW of solar and solar+storage projects, which will be developed and constructed by Duke Energy […]
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Helios Infrastructure, a joint venture between Nationwide and Sol Systems, has completed its project purchase from Cypress Creek Renewables. The $200+ million portfolio spans 20 projects across North Carolina, of which 97 MW are operational and 51 MW are under construction. Since 2012, Nationwide and Sol Systems have financed over $700 million of solar projects […]
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Marathon Capital LLC, a financial advisory and investment banking firm, has advised the successful sale of the High Desert Solar Project (HDSI) on behalf of Middle River Power (MRP), the operating and development platform of Avenue Capital, to Goldman Sachs Renewable Power (GSRP). HDSI is a 100 MW AC solar and 50 MW AC battery […]
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Trina Solar Co. Ltd., a company that specializes in solar technology manufacturing, has signed an investment cooperation agreement with the management committee of the Yancheng Economic and Technological Development Zone to expand its manufacturing capacity of 210 mm solar cells. In line with Trina Solar’s strategies, the company will add 7.6 GW in annual production […]
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Intersolar North America (ISNA) and Energy Storage North America (ESNA) say their newly combined conference and expo, previously set for January, has been rescheduled to July 14-16, 2021, in Long Beach, Calif., due to the ongoing risks of COVID-19 and the uncertainty surrounding the lifting of travel restrictions and bans on large gatherings. “When it […]
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Governor Ralph Northam has signed the Virginia Clean Economy Act, which establishes bold energy efficiency standards and provides a pathway for new investments in solar, onshore wind, offshore wind and energy storage. Additional legislation signed by Northam advances shared solar and energy storage programs, and dramatically transforms the rooftop solar market. “We are at a […]
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WinJi, a Swiss start-up that developed the True Power renewable energy asset management platform, has been awarded a $2 million loan guarantee by the Swiss Technology Fund. This loan guarantee will facilitate WinJi’s upcoming debt-raising, with a view to accelerate the company’s growth and finance further platform developments. Technology Fund successfully approved WinJi’s technology and […]
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Capital Dynamics, an independent global private asset management firm, says its Clean Energy Infrastructure business has signed an agreement with the U.S. energy company Tenaska to develop a portfolio of nine battery energy storage system (BESS) projects located throughout California’s highest electrical load centers. The agreement expands the strategic relationship between the two companies, which […]
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ReneSola Ltd., a fully integrated solar project developer, has completed a 21.05 MW portfolio of community solar projects in Minnesota. ReneSola Power developed and subsequently sold this community solar portfolio to Nautilus Solar Energy LLC, a national solar project acquisition, development and asset management company. “We are excited to have successfully developed these community projects, […]
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