The Canadian Renewable Energy Association (CanREA) welcomes the latest national market outlook for rooftop and on-site solar, which calls for scaling-up rooftop solar by 20 to 40 times to help Canada achieve its net-zero targets. The report from Dunsky Energy + Climate Advisors, “BTM Solar: Canadian Market Outlook: How Behind-the-Meter (BTM) solar can contribute to […]
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Duke Energy is seeking proposals for acquiring diverse power generation in order to serve its Indiana customers. “As we continue to transition to cleaner energy, we survey the markets for a diverse range of power generation resources,” says Stan Pinegar, Duke Energy Indiana president. “This gives us an opportunity to hear from developers about what […]
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The California Energy Commission (CEC) has voted to award Form Energy a $30 million grant to support deployment of a 5 MW multi-day energy storage system in the state. Form Energy will build the project at the site of a PG&E electric substation in Mendocino County. Expected to come online by 2025, this will be […]
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Westbridge Renewable Energy has closed the sale of its 230 MW Vulcan County, Alberta, solar power plant project to a subsidiary of MYTILINEOS Energy & Metals, as announced in early June. The transaction was completed via the sale of all issued and outstanding shares of Georgetown Solar. Westbridge satisfied the conditions for the transaction, including […]
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National Grid Renewables has started construction on its Unbridled solar project, located in Henderson and Webster counties, Ky. At 160 MW, Unbridled is anticipated to be the largest producer of solar energy in the state once it reaches operations next year, says the company. “We’re both proud and excited to be constructing the largest solar […]
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Catalyze says it will be heading operations at two Lancaster, N.Y., solar sites, totaling over 12 MW. The first site is a 6.63 MW community solar project with Finger Lakes Health as the anchor commercial utility off-taker. The second 6.06 MW site will offer remote net crediting, providing an additional opportunity for the off-takers. While […]
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The U.S. Department of the Treasury and the Internal Revenue Service have issued proposed regulations to provide guidance for the advanced manufacturing production credit established by the Inflation Reduction Act (IRA). The new Section 45X provides a credit for the production (within the United States) and sale of certain eligible components, including solar and wind energy components, […]
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MET Group’s first Spain solar park, Puerto Real 3, has started commercial operations. The company acquired a 100% stake in the project at a ready-to-build status last year. Puerto Real 3 is situated in the Andalusia region, known for its high solar irradiation levels. The solar power plant incorporates the latest technology and has an […]
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iSun has closed on an $8 million senior secured loan with Decathlon Capital Partners to fully refinance the prior senior secured convertible facility which had become dilutive. The transaction carries a 48-month term and is a straight debt instrument, avoiding any equity dilution. Debt service payments begin at a smaller initial level and increase over […]
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Catalyze says it will be heading operations at two Lancaster, N.Y., solar sites, totaling over 12 MW. The first site is a 6.63 MW community solar project with Finger Lakes Health as the anchor commercial utility off-taker. The second 6.06 MW site will offer remote net crediting, providing an additional opportunity for the off-takers. While […]
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SMA Solar Technology expects to expand its manufacturing into the U.S., with a projected production start of 2025. SMA is currently working with potential partners to evaluate the most strategic manufacturing location and approach. The company says it is planning for 3.5 GW of capacity per year at the new site, with the potential to […]
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S-5! announced an additional 21 company patents issued this year, bringing the total number of issuances since the company’s first product was patented in 1991 to 133. The United States Patent and Trademark Office most recently granted S-5! patent number 11,808,043 for its new bonding clip, which bonds and grounds standing seam metal roof panels, […]
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