Industry Updates
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The New York State Energy Research and Development Authority (NYSERDA) today announced the launch of expedited renewable energy solicitations as part of the state’s plan to bolster its large-scale renewable industry. The solicitations, initially announced by New York governor Kathy Hochul earlier this month, are open to all project developers. As part of these solicitations, […]
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SB Energy has secured a combined $2.4 billion aimed at supporting communities with domestically produced renewable energy. Working with J.P. Morgan, Bank of America, Morgan Stanley Renewables and Truist Bank, SB Energy closed approximately $800 million in tax equity. Working with MUFG, Mizuho Americas, ING, SMBC, CIBC, Fifth Third Bank and Société Générale, the company […]
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Sol Systems has announced the addition of its new CTO, Scott Day. Day previously spent 11 years as the CTO for music tech company SoundExchange. Prior to SoundExchange, Day led the technology team behind The Motley Fool. He will focus on scaling Sol Systems’ technology and customer offerings. “We are excited to have Scott expand […]
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More than 2 GW of community solar, enough to serve 393,000 homes, have been installed in New York. This milestone contributes to 5 GW of total distributed solar operating across the state, with 3.3 GW in development. It also marks New York’s progress towards achieving its Climate Leadership and Community Protection Act goal of installing […]
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Summit Ridge Energy has acquired 19 community solar projects, located across Virginia, totaling 100 MW. The portfolio was obtained from seven partners, including Apex Clean Energy, ESA Solar, ForeFront Power, New Leaf Energy, RWE Clean Energy and SolAmerica Energy. The acquisitions were made by Summit Ridge’s joint venture with Osaka Gas USA, a subsidiary of […]
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Primergy has closed commitments for $300 million in debt finance and tax equity investment for the 100 MW AC Prairie Mist Solar Project in Ashley County, Ark. The Prairie Mist project debt financing includes a tax equity bridge loan, construction/term debt and a letter of credit facility. The debt facilities are led by Norddeutsche Landesbank […]
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Brightcore Energy is partnering with Altus Power and Brennan Investment Group on a new project consisting of more than 16,000 solar panels arrayed across the rooftops of 19 properties owned in a joint venture between Brennan and investment firm Global Gate Capital. “We are pleased to have the opportunity to work with Altus Power and […]
The post Brightcore Energy, Altus Power, Brennen Team Up for Rooftop Project appeared first on Solar Industry.
Waaree Energies has so far supplied 850 MW of solar PV modules for projects in the U.S. being developed by Acciona Energia as part of an ongoing partnership. Waaree delivered its monocrystalline passivated emitter and rear cell panels to four Acciona Energia projects: 56 MW in Fort Bend, Texas; 129 MW in High Point, Ill.; […]
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Longroad Energy, a U.S.-based renewable energy developer, owner and operator, has closed $600 million in debt financing to continue growing its wind, solar and battery portfolio. The financing is composed of a $275 million term loan, a $175 million revolving credit facility and a $150 million letter of credit facility. The new financing follows last […]
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