Affiliates of Kearsarge Energy have secured $32 million for the construction and permanent financing of six solar PV and energy storage systems in Massachusetts and Rhode Island. The Renewable Energy Practice Group of Boston law firm Sherin and Lodgen LLP represented Cambridge Savings Bank in the loan facility for the projects. Located on various properties …
The National Credit Union Administration can extend an exemption to allow federal credit unions to provide 25-year solar loans. December 21, 2022 The Solar Energy Industries Association (SEIA) warned that an expiration date is approaching for a COVID-19 exemption on solar loans that allows Federally Insured Credit Unions (FICU) to participate in 25-year solar loans. …
Federal agency inaction may hamper residential solar loan access Read More »
A 25 MW solar project that is helping advance energy and sustainability priorities for the Southeastern Pennsylvania Transportation Authority (SEPTA) has reached commercial operation. The project is one of two solar farms that SEPTA and Lightsource bp have partnered on, bringing their joint statewide operational solar assets to more than 42 MW — enough to …
The US manufacturer secured an equity-based financing facility to support R&D of its CIGS thin-film solar solutions. December 21, 2022 Ascent Solar Technologies, a thin-film solar manufacturer, secured a $50 million equity financing from two institutional investors. The company said it intends to use the net proceeds for general corporate purposes including financing its continued …
Ascent Solar nets $50 million investment to manufacture flexible thin-film PV Read More »
The U.S. Department of Commerce stated unequivocally that companies assembling solar modules outside of southeast Asia were not part of the recent circumvention ruling. December 21, 2022 On December 19, 2022, the U.S. Department of Commerce released clarification that its recent, nuanced ruling only applies to companies that are manufacturing solar modules in Cambodia, Malaysia, …
Commerce clarifies that recent module manufacturing ruling only applies to four nations Read More »
Meta Platforms Inc. announced seven new solar projects in Georgia and Tennessee totaling 720 MWac to support its regional operations with 100% renewable energy. Independent power producer Silicon Ranch is partnering with Walton Electric Membership Corp. (EMC) and the Tennessee Valley Authority (TVA) to supply the renewable power to serve Meta’s data centers in Georgia …
Meta and Silicon Ranch collaborate on 7 new solar projects in Georgia and Tennessee Read More »
Intersolar North America (ISNA) and Energy Storage North America (ESNA) unveiled their 2023 conference program taking place February 14 through 16 at the Long Beach Convention Center in Long Beach, California. From solar and storage to EV charging and green hydrogen, attendees can expect forward-looking content with actionable takeaways led by engaging speakers. “With 24 …
Intersolar North America releases 2023 conference program Read More »
Not only does yesterday’s vote affect rooftop solar owners, but electric rates are going up across the board with the $1.8 billion increase expected to raise rates by 12% over three years. December 21, 2022 The Georgia Public Service Commission (PSC) voted on Tuesday to raise electric rates, to maintain the cap on net metering, …
Georgia commission fails to expand solar net metering program Read More »
A 25-MW solar project that is helping advance energy and sustainability priorities for the Southeastern Pennsylvania Transportation Authority (SEPTA) has reached commercial operation. The project is one of two solar farms that SEPTA and Lightsource bp have partnered on, bringing their joint statewide operational solar assets to more than 42 MW — enough to meet …
The pv magazine USA tour of solar incentives last stop was Louisiana, and now moves into Wisconsin. Ranked 23th in the nation according to the Solar Energy Industries Association (SEIA), Wisconsin has a relatively low electricity rate, at 16 cents per kWh, per the U.S. Energy Information Administration (EIA), 21% lower than the national average. Wisconsin’s industrial sector, including …
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