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Day: May 31, 2023

Nexamp secures $400 million to fund community solar in six states

Nexamp has acquired more than $400 million in tax equity and debt commitments to support the creation of 49 solar and battery storage projects in six states, spanning the Northeast, Mid-Atlantic and Midwest. Led by U.S. Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG), this latest round of financing will enable Nexamp to develop …

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Kokosing Solar donates 7.4-kW array to Ohio nature center

Within The Nature Conservancy’s Morgan Swamp Preserve, the Grand River Conservation Campus is a place where people can enjoy nature through numerous recreation opportunities, including hiking, paddling, fishing, nature observation and more. A new 7.4-kW solar panel installation at the Grand River Conservation Campus will help the facility save money, reduce its carbon footprint and …

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Community solar developer Nexamp secures over $400 million in financing

Led by U.S. Bancorp and Mitsubishi, the tax equity and debt commitments are expected to enable the company to support the construction of 49 solar and energy storage projects. May 31, 2023 Boston-based community solar developer Nexamp announced it has secured over $400 million in tax equity and debt commitments from U.S. Bancorp Impact Finance …

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IHG Hotels works with Ampion to provide hotels with local community solar

IHG Hotels & Resorts (IHG) announced a new renewable energy offering for IHG hotels in select markets across the United States in collaboration with Ampion, a provider of community solar solutions. IHG is the first hotel company to provide hotels a community solar offering that includes Renewable Energy Certificates (RECs), helping hotels reduce greenhouse gas …

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Tesla Powerwall now available to solar installers through BayWa r.e. distribution

The Tesla Powerwall will now be distributed through BayWa r.e. Solar Systems in the United States. This distribution collaboration is a first for Tesla. The Tesla Powerwall is now available in California to BayWa r.e. customers, and the distributor is already working to expand availability to other U.S. states in the coming months. “The addition …

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Global battery market forecast to grow 186% by 2025

CEA’s Energy Storage System (ESS) Supplier Market Intelligence Program (SMIP) offers a biannual market report about the leading global lithium-ion battery cell manufacturers and energy storage system integrators. May 31, 2023 Over the last year, North America has become the fastest growing region for planned battery cell manufacturing capacity. Much of the growth is buoyed …

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Florida nonprofit group installs solar to reduce energy costs for homeless veterans

St. Augustine, Florida-based construction nonprofit St. Johns Housing Partnership plans to harness solar energy to help power its main office and three of six apartment units for homeless veterans. Completed in early May 2023 in partnership with Everybody Solar, the installation includes two components: A solar array at the office and another at the veterans’ …

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CEA report finds North America is fastest growing region for new lithium battery manufacturing

By the end of 2022, North America had become the fastest growing regional market for planned new lithium battery cell manufacturing plants, according to Clean Energy Associates’ latest “Energy Storage System Supplier Market Intelligence Program” report. Much of this growth is attributable to incentives provided by the U.S. Inflation Reduction Act. Europe witnessed delays and …

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Strong policies expand the solar industry, creating more resilient future

Solar energy has become a significant player in the race to reduce greenhouse gas (GHG) emissions due to several factors. The cost of solar panels has plummeted in recent years, making them more accessible and affordable. Technological advancements have also made solar systems more efficient and reliable, enhancing their appeal as a sustainable energy solution. …

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