Tokio Marine HCC, a specialty insurance group, has signed a purchase agreement to acquire managing general agent GCube, a renewable energy risks specialist. The transaction, which is subject to regulatory approval and other customary closing conditions, is expected to close in the second quarter. GCube is an underwriter of renewable energy, covering wind, solar, bio, […]
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Berkeley Lab, a company that tracks and analyzes solar-adopter demographic characteristics, has released a report describing income trends among single-family residential solar adopters. The annual report, ‘Income Trends among U.S. Residential Rooftop Solar Adopters,’ describes income trends of residential solar adopters over time and across geographies. The report is based on household-level income estimates for […]
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Aurora Solar, a company that creates software for residential and commercial solar design, is the first company to formally receive the California Energy Commission’s (CEC) certification as an approved solar assessment tool for solar access verification for new home construction. California’s updated 2019 Building Energy Efficiency Standards (Title 24, Part 6) requires all new construction […]
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Grasshopper Solar, a developer and asset owner headquartered in Canada, has acquired a 278 MW DC portfolio of solar projects in Pennsylvania from Glidepath Ventures, a clean energy-focused development and investment firm. Once operational, the portfolio will nearly double the amount of solar assets currently operating in Pennsylvania. Glidepath Ventures originated the distributed generation portfolio […]
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Duke Energy Florida says it has installed its one-millionth solar panel in the state at the company’s Columbia Solar Power Plant in Fort White, Fla. Duke Energy Florida plans to install a significant amount of additional solar energy across the state over the next 10 years. The company will have a total of almost 515 […]
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Karamba Security, a company that specializes in embedded cybersecurity for connected devices, says it has signed a production agreement for its XGuard software with SolarEdge. As a global PV inverter manufacturer with more than 1.25 million connected sites and more than 14 GW of PV systems worldwide, SolarEdge places importance on protecting its connected inverters […]
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The Charlotte City Council says it has voted to participate in the Duke Energy Green Source Advantage (GSA) Program, which will enable the City of Charlotte to move forward with a 35 MW, utility-scale solar energy project. Charlotte’s participation in the program makes it the nation’s most populous city to acquire new renewable energy through […]
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Governor Andrew M. Cuomo says he is advancing a 30-day budget amendment to speed up the permitting and construction of renewable energy projects, combat climate change and grow the state’s green economy. If adopted, the Accelerated Renewable Energy Growth and Community Benefit Act will create a new Office of Renewable Energy Permitting to improve and […]
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REC Group, an international solar energy company, says it has started to produce the 72-cell REC Alpha Series solar panel. The company claims the REC Alpha 72 Series will be the world’s most powerful 72-cell panel available on the market, reaching 450 Wp with a module efficiency of 21.3%, ensuring higher energy yields to drive […]
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Trimark Associates Inc., a provider of SCADA, metering and energy storage technology solutions for the electric power industry, says the Trimark Operations Center’s (TOC) advanced alerting system can now continually determine if devices are online and operating correctly. Trimark’s system monitors and checks the status of any device at a solar site to determine if […]
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Trimark Associates Inc., a provider of SCADA, metering, and energy storage technology solutions for the electric power industry, says the Trimark Operations Center’s (TOC) advanced alerting system can now continually determine if devices are online and operating correctly. Trimark’s advanced alerting system monitors and checks the status of any device at a solar site to […]
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CIT Group Inc. says its Power and Energy business served as lead arranger for a $140 million financing for esVolta, a developer of utility-scale energy storage systems for renewable energy projects. The portfolio consists of more than 136 MW of energy storage units supporting eight energy projects in California. esVolta has long-term revenue contracts for […]
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