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Month: January 2023

Solar Energy Loan Fund surpasses $30 million of residential loans

The Solar Energy Loan Fund (SELF), a 501(c)(3) non-profit organization providing unsecured financing solutions to Florida and Southeast U.S. residents adding solar and home improvements, recently surpassed $30 million of cumulative loans. As a green bank and Community Development Financial Institution (CDFI), to date SELF has provided loan products to historically underserved and underbanked low-to-moderate …

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SunPower extends solar panel supply agreement with Maxeon through 2025

Residential installation company SunPower has signed a supply agreement with Maxeon to use the company’s solar panels on projects through 2025. “This supply agreement solidifies our long-term relationship with Maxeon and further secures the supply of premium panels for our expanding customer base,” said Peter Faricy, SunPower CEO. “Demand for solar continues to increase alongside …

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NRG Systems provides monitoring solution for largest PV plant in Canada

Solar Resource Monitoring system will capture a range of parameters at the 465 MW Travers Solar Project in Alberta. January 5, 2023 NRG Systems, Inc., a Vermont-based specialist in smart technologies, will provide Solar Resource Monitoring (SRM) systems to the Travers Solar Project, a 465 MW solar plant that is said to be the largest …

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Silicon Ranch brings in $600 million of new equity investments

The Southeast-focused solar developer is on track to cap a $1 billion full-year equity raise with a $225 million round over the next quarter. January 5, 2023 Silicon Ranch, a Nashville-based solar developer, capped 2022 with a $375 million equity raise completed at the end of the calendar year, with the developer intending to disclose …

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Silicon Ranch raises $600 million in equity to cap record year

Nashville-based Silicon Ranch Corp. has raised another $600 million in equity to fund company growth and support future capital investments in rural communities across the United States. The initial funding of $375 million closed in December 2022, with an additional $225 million expected to fund in early 2023. Combined with $775 million raised in early …

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Solar United Neighbors launches group buy program for Minnesota’s largest electric co-op

After a competitive bidding process facilitated by SUN, which remains vendor neutral, members of the new group organized by SUN will select a single solar company to complete the installations. Attending an event or webinar or participating in another way does not obligate members to purchase solar. Instead, participants will have the option to individually …

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NRG Systems provides monitoring solutions for Canada’s largest solar farm

Hinesburg, Vermont-based NRG Systems Inc. has provided Solar Resource Monitoring (SRM) Systems to the 465 MW Travers Solar Project in Alberta, Canada. The turnkey systems capture a range of site-specific parameters, including solar irradiance, module temperature and soiling conditions, as well as albedo, a vital piece in determining the solar energy potential available to the backside …

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