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Day: December 14, 2022

Glennmont enters U.S. market in JV agreement with GreenGo Energy

UK-based renewable energy investment firm Glennmont Partners from Nuveen has entered the U.S. market through a joint venture agreement with solar developer GreenGo Energy US Inc., a subsidiary of GreenGo Energy Group.  The joint venture will see Glennmont and GreenGo develop more than 1 GW of renewable energy in the United States, with the first …

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First Solar becomes third clean energy company to join S&P 500 Index

Tempe, Arizona-based First Solar is planning 10 GWdc of  new solar module manufacturing capacity in Ohio and Alabama by 2025. December 14, 2022 First Solar will join the S&P 500 Index of public companies and becomes the third clean energy systems manufacturer to join the prestigious index of large-cap companies. Fellow solar technology suppliers Enphase Energy …

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Nexamp to develop 7 community solar projects in Hawaii for LMI residents

Nexamp has been selected to develop seven new shared solar projects in Hawaii — three on Hawaii Island, three on Maui and one on Oahu. These projects are part of Hawaiian Electric’s community-based renewable energy (CBRE) program that helps lower electricity costs for low- and moderate-income (LMI) subscribers who are unable to install rooftop solar. …

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Utility-scale developer Innovative Solar Systems for sale at $150 million

Ashville, North Carolina-based Innovative Solar Systems LLC (ISS) is up for sale at a firm price of $150 million USD. ISS is a national utility-scale solar project developer with an active project portfolio of 10 GWac. ISS boasts that the buyer of the company has an opportunity to net $1.7 billion to $4.8 billion in gross profits within 3 years, …

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SunVest Solar secures $154 million in financing for 56 MW in solar projects

SunVest Solar LLC has closed $154 million in debt facility and tax equity to support the construction and operation of 56 MW in solar projects in Illinois, Maine, Minnesota and Wisconsin. Construction will take place on a staged basis throughout 2023, with construction already underway at 10 projects across all four states. The portfolio will be owned and operated by …

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NanoGraf to produce advanced battery materials in facility near Chicago

New headquarters will help onshore advanced silicon anode materials for U.S. battery supply chain. December 14, 2022 NanoGraf plans to launch production of advanced silicon anode materials for the U.S. battery supply chain in 17,000 square foot manufacturing facility in Chicago. Production is set to begin in Q4 2023, with an expected phase one material …

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Community solar top ranking, solar-plus-storage development are top of mind at NYSEIA Summit

Community solar, solar policy development and increasing solar-plus-storage projects were hot topics drawing a record attendance of 550 at the New York Solar Energy Industries Association’s (NYSEIA) 2022 New York Solar Summit. Held Tuesday in Albany, N.Y. NYSEIA’s executive director Zack Dufresne introduced the daily conference panel session audience with stats that the Empire State …

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