Masdar has signed a definitive agreement to acquire a 50% stake in Terra-Gen Power Holdings from Energy Capital Partners (ECP), who will fully exit its position in Terra-Gen in connection with the transaction. Established in 2007, Terra-Gen is a provider of end-to-end renewable project development, financing and operating capabilities. It currently operates approximately 2.4 GW […]
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Enfinity Global has sold a 40% stake in its 400 MW U.S. operating portfolio to Kyushu Electric Power, leaving Enfinity with 60%, as well as serving as the portfolio’s long-term asset manager. The deal includes 28 operational solar PV power plants located in California, North Carolina and Idaho. “Our strategy is to partner with investors […]
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Arevon Energy has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP) for the full capacity of the Avocet Energy Storage Project, a 200 MW stand-alone BESS located in Carson, Calif., that is slated to be operational in 2026. The project features a four-hour duration electricity supply, says the company, […]
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Schletter Group will be supplying the mounting systems for the 130 MW ground-mounted Coastal Solar Project located off the coast of San Pedro de Macoris and being developed by SEMI. “Our systems are renowned for their ability to withstand extreme weather and have been proving it all across the Caribbean for years,” says Schletter Group […]
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Salt River Project (SRP) and NextEra Energy Resources have put the 260 MW Sonoran Solar Energy Center, located south of Buckeye, Ariz., into operation. The solar facility can additionally charge a 1 GWh BESS, which the company says is the largest in the state. The center is expected to help match the electricity consumed by […]
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Silfab Solar has made an agreement with SOLARCYCLE to purchase ultra-low carbon domestic glass for its PV panels from the glass manufacturer’s forthcoming Georgia facility that will recycle materials from retired panels to make new solar glass. “SOLARCYCLE is an ideal partner because of its demonstrated success and innovative processes that already have made Silfab […]
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Sunrise Mountain Partners has expanded its strategic co-development partnership with CleanCapital, accelerating the parties’ investment into development of community-based solar farms. The joint effort has so far resulted in 35 projects across three states. Sunrise Mountain Partners contributes expertise in siting, development and permitting, while CleanCapital provides capital and market knowledge, along with primary responsibility […]
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Orange County, Fla., has unveiled what it calls the largest floating solar array in the Southeastern U.S., located on a 3.6-acre pond at its Southern Regional Water Supply Facility. “The 2,236 panels that make up this floating solar array represent our unwavering commitment to advancing Orange County’s goal of sourcing clean, renewable energy,” says Orange […]
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Barclays and Lightsource bp have committed to a $140 million tax equity transaction slated to finance construction of the 180 MW Prairie Ronde solar project in St. Landry Parish, La. The deal was led by Barclays’ Sustainable Project Finance team, working in partnership with the bank’s Energy Transition Group, formed last month to advise clients […]
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Bright Green Corporation says it will install a 102 MW solar field to power the electricity and heating requirements for its forthcoming $250 million Dalsem expansion project and commits to switch the existing facility currently burning natural gas and heavy oil to solar. The company has started the bid process with local installers, with the […]
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Fresno Unified School District and ForeFront Power have completed a 17.5 MW solar energy and storage portfolio, expected to save the district over $40 million throughout the approximate 20-year lifespan of the system. The districtwide portfolio includes 40 projects with solar canopies and energy storage systems across 31 sites and is slated to generate 23.5 […]
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Raptor Maps has released the sixth edition of its Global Solar Report, featuring data this year that it says demonstrates the underperformance of solar assets. Drawing on data from a total 125 GW of PV systems, the report finds that global revenue loss due to equipment-driven underperformance last year reached $4.6 billion, and that power […]
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