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Month: February 2022

PosiGen closes $100 million preferred equity financing

Magnetar Capital was the lead investor and will name two new members to PosiGen’s board of directors. January 5, 2022 PosiGen, a provider of solar PV and energy efficiency solutions to low-to-moderate income (LMI) households announced the close of a $100 million preferred equity financing, led by Magnetar Capital’s Energy & Infrastructure group. The Investment …

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Hyperlight Energy signs exclusive license with NREL for CSP receiver design

“We’ve worked in partnership with NREL on our in-house developed world-beating low-cost reflector system for close to a decade,” said John King, CEO and cofounder of Hyperlight Energy. Hylux differs from conventional CSP design in that it uses recyclable plastic as opposed to the large quantities of steel normally used to construct CSP plants. Constructing …

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The Coast News Group

SOLANA BEACH — The Solana Beach City Council passed a resolution this week meant to protect solar energy in the city as investor-owned utilities push for new net energy metering that advocates say harms renewable energy. The city is just the second public jurisdiction in the state to pass such a resolution following the Santa …

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Sheetz invests in enough solar to power nearly 70% of Pennsylvania facilities

Sheetz, a family owned and operated restaurant and convenience store chain, announced a long-term renewable supply agreement with Constellation, a supplier of clean energy solutions, to power nearly 70% of its Pennsylvania facilities with renewable energy. Backed by Sheetz’s commitment, Constellation has entered into separate long-term power purchase agreements to procure a total of 55 …

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River start Construction

EDPR completes the construction of 200 MW solar park, the largest in Indiana

EDP ​​Renewables (EDPR), through its subsidiary EDP Renewables North America LLC, has completed the construction of the 200 MW Riverstart Solar Park project. The company closed a 20-year power purchase agreement (PPA) with the cooperative Hoosier Energy that will use the energy generated by the solar park to supply communities in central and southern Indiana …

EDPR completes the construction of 200 MW solar park, the largest in Indiana Read More »

Silicon Ranch raises $775 million in equity capital

Royal Dutch Shell-backed Silicon Ranch announced the raise of $775 million in equity capital. The round was led by new investor Manulife Invesment Management, a division of Canada’s largest life insurance firm, which contributed $400 million. Existing investors Shell TD Greystone Infrastructure Fund and Mountain Group partners participated, as well. The deal is expected to …

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Sunrise brief: Crossing EV barriers with microgrids and managed charging

Also on the rise: Fire alarms shut down Moss Landing Energy Storage facility. SolarEdge reports record revenue. Mosaic custs costs of solar loans. Policies are working in Illinois, where solar is surging. Wave energy isn’t expected to rival solar or wind power, but NREL sees use cases for the technology. Canada-US-Mexico panel says Section 201 …

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Sunrise brief: Ford, Sunrun to backup solar homes with the electric F-150 truck when the grid goes down

Also on the rise: Phoenix solar market could be brought back to life. Owners of distributed solar and distributed storage may soon earn money from participating in wholesale markets through an aggregator. Hyperlight licenses design of plastic CSP receiver from NREL. Fire at Vistra’s Moss Landing Energy Storage Facility not caused by battery. Mississippi Power …

Sunrise brief: Ford, Sunrun to backup solar homes with the electric F-150 truck when the grid goes down Read More »

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