Spruce Finance, a U.S.-based private owner and operator of distributed generation solar residential assets., has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest to date and the latest example of the company’s residential solar asset “growth by acquisition” strategy in the U.S. The 53 MW of rooftop solar assets […]
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Enphase Energy Inc., a global energy technology company and supplier of solar microinverters, says Flywheel Development LLC has selected Enphase microinverters as the inverter technology of record for its portfolio of commercial solar projects. Based in Washington, D.C., Flywheel Development is a sustainable development company active in real estate, sustainable design, solar development and stormwater […]
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Nearly 600,000 U.S. clean energy workers have lost their jobs since the beginning of the COVID-19 pandemic after 447,208 new workers filed unemployment claims in April – tripling the claims filed in March. That’s according to a new analysis of unemployment data released today by E2 (Environmental Entrepreneurs), the American Council on Renewable Energy (ACORE), […]
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Charlotte has become the first municipality to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – further expanding solar energy in North Carolina. The 35 MW solar facility will be constructed in Iredell County. Under a 20-year power purchase agreement, Duke Energy will secure zero-carbon power to partially offset the […]
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GAF Energy, a provider of roof-integrated solar solutions in North America, has launched its “Flex” option for use with the company’s redesigned Decotech 2.0 roof-integrated solar product. Flex maintains the efficiency of standard system sizing while also introducing new configuration choices for homeowners. “Our Flex option is an exciting new way for homeowners to be […]
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Quinbrook Infrastructure Partners, a specialist global investment manager focused exclusively on lower carbon and renewable energy infrastructure investment and operational asset management, says the Bureau of Land Management (BLM) and the U.S. Department of the Interior (DOI) have issued the final record of decision, signed by Interior Secretary David L. Bernhardt, for the $1.1 billion, […]
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Strata Solar says its battery project, Ventura Energy Storage (VES), a 100 MW, 400 MWh battery energy storage system in unincorporated Ventura County, Calif., has completed pre-construction development. The project, developed by Strata, has awarded an engineering, procurement and construction (EPC) contract to Tesla for its Megapack battery system. Construction, using local union labor, is […]
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Excelsior Energy Capital, an independent North American renewable energy investor, has acquired five ground-mounted solar projects from development partner Nokomis Energy. The Kingfield Portfolio, located across southern Minnesota, totals 6.3 MW DC and brings Excelsior’s total portfolio of ground-mounted solar projects in Minnesota to 21.6 MW DC, all as part of a broader partnership with […]
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JA Solar, a manufacturer of high-performance photovoltaic products, says the power output of its high-efficiency solar modules under standard testing conditions has set a new industry record, reaching above 525 W. JA Solar’s PV module with 525 W+ is designed to meet customers’ desire and demand for further reducing the levelized cost of energy (LCOE) […]
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Innergex Renewable Energy Inc. has closed the construction financing, tax equity commitment and a seven-year term loan facility for the 200 MW Hillcrest solar photovoltaic project, located in Brown County, Ohio. In aggregate, the $191.8 million financing was led by CIT’s Power and Energy group and includes MUFG and Mizuho, as well as Wells Fargo […]
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The U.S. Department of the Treasury is poised to adjust the current safe-harbor guidelines for both the production tax credit (PTC) and investment tax credit (ITC), providing needed wiggle room and predictability for wind and solar projects that have been stalled in the face of the coronavirus pandemic. In late April, longtime wind power proponent […]
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EDP Renewables SA, through its fully owned subsidiary EDP Renewables North America LLC, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement for the 100 MW Sandrini Sol 1 Solar Park in Kern County, Calif. Located near Bakersfield, the project is expected to be operational in 2022 and represents an estimated […]
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