Arctech has inked a supply agreement for its 1P single-axis solar tracking system, SkyLine II, with China Energy Engineering Group. Under this agreement, Arctech is expected to supply 2.3 GW of solar trackers for the PIF4-Haden project, owned by ACWA Power. This latest deal raises Arctech’s MEA portfolio to 15 GW. The project site is […]
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DTE Energy’s largest solar project, the 150 MW Sauk Solar park, is now operational. Located in central Michigan’s Branch County, the project comprises 347,000 solar panels and is three times the size of DTE’s second largest solar park, in Lapeer. It is also the first of six new solar parks to come online as DTE […]
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Syncarpha Capital’s Belfast Solar I community solar project has received permission to operate. The project is located adjacent to the Belfast Municipal Airport and delivers energy directly to Central Maine Power (CMP), benefiting CMP customers through the state’s Net Energy Billing Program. Spanning 13 acres, the project consists of three fixed-tilt, ground-mounted arrays with a […]
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ENGIE North America has signed a PPA with Google to supply 90 MW from its Chillingham solar project in Bell County, Texas. This is the fifth renewable energy project under agreement between the two companies globally. To support its Texas operations, Google will purchase a portion of the 350 MW facility’s output, which is expected to […]
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Sunrun and Orange and Rockland Utilities (O&R) have activated what the companies call New York’s largest residential virtual power plant, using 300 solar+storage systems. The Sunrun-managed project was initiated by O&R and approved as a demonstration project by the New York State Public Service Commission. During the year-round program, Sunrun synchronizes the discharging of participating […]
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Swift Current Energy has closed tax equity financing with PNC Bank for its 138 MW Harvest Gold Solar project, located in Sunflower County, Miss. The company says that the project reached commercial operation this summer. Target Corp. is purchasing 100% of the energy and renewable energy credits produced by Harvest Gold. Target and Swift Current […]
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The U.S. Department of the Treasury and the IRS have released final rules for the Advanced Manufacturing Production Credit, also known as Section 45X of the Internal Revenue Code, to spur continued growth of U.S. clean energy manufacturing. The credit aims to help to level the playing field for U.S. companies to on-shore production of […]
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GoodLeap has entered into an equity partnership with Tactical Infrastructure Partners (TIP) to acquire $1.5 billion of residential solar and storage products. The transaction is supported by debt financing from ATLAS SP Partners, which GoodLeap hopes will bolster its residential solar and storage lease and power purchase program. GoodLeap launched its lease and power purchase […]
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Pine Gate Renewables has closed on a $288 million preferred equity investment with funds affiliated with Blackstone Credit & Insurance. The investment supports six solar projects across two states totaling 780 MW, backed by corporate offtake agreements. “Leading Pine Gate’s first preferred equity investment was a significant milestone for our team and the enterprise at […]
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Enfinity Global has closed a $97 million structured credit facility with Nomura for a 608 MW portfolio of solar assets currently in operation or under construction spanning the CAISO, WECC and SERC markets. The asset-based credit facility provides development and construction financing for Enfinity’s development and ready-to-build projects, along with strategic refinancing for its operational […]
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Recurrent Energy’s 134 MW Liberty Solar project, located near Houston, has reached commercial operation. Customers for the project include Autodesk, Biogen, EMD Electronics and Wayfair. Liberty Solar additionally expands energy capacity for the Midcontinent Independent System Operator (MISO) market. “Liberty Solar is a fantastic project that expands Recurrent Energy’s project ownership in MISO,” says Ismael […]
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Sunrun and Orange and Rockland Utilities (O&R) have activated what the companies call New York’s largest residential power plant, using 300 solar + storage systems. The Sunrun-managed plant was initiated by O&R and approved as a demonstration project by the New York State Public Service Commission. During the year-round program, Sunrun synchronizes the discharging of […]
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