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Month: August 2023

Origis Energy secures $750 million construction warehouse financing

Origis Energy has closed a $750 million construction warehouse financing facility. The funding will be used to support large-scale solar and energy storage project construction totaling approximately 2 GW across 15 states over the next three years. The announcement follows the announcement in March of an upsizing amendment to the company’s $750 million development finance facility.   …

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Domestic content guidance on solar cells and structural steel

The U.S. Internal Revenue Service (IRS) and the Department of the Treasury recently introduced guidance on its Domestic Content Bonus Credit. Initial industry feedback suggests that securing the 10% tax bonus, tied to the 40% domestic content requirement, might be challenging. Structural steel and iron – 100% made in the USA All steel and iron …

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Nexamp provides community solar benefits to 2 Illinois municipal customers

Nexamp recently finalized deals with two municipal customers in Illinois to provide community solar savings and sustainability benefits.   The city government of Effingham, Illinois, and Vandalia Community Unit School District (CUSD) No. 203 have agreed to become anchor tenants of local community solar farms. Nexamp partnered with Affordable Gas & Electric, based in Mount …

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Electric vehicle DC fast-charge network provider invests in solar

Electrify America signed a power purchase agreement for a 75 MW utility-scale solar facility. August 16, 2023 Electric vehicles (EV) are celebrated for their ability to replace carbon-emitting gas-powered vehicles, but an EV is only as clean as the power generation source that charges it. Much of the United States electric grid is still powered …

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Three ways that community solar can grow Wisconsin’s economy

Forward Analytics estimates that building 350 solar installations will grow Wisconsin’s economy by funding local businesses, stimulating the regional real estate market and increasing jobs. August 16, 2023 According to Renew Wisconsin, 50% of Wisconsin households can’t access solar energy because they live in apartments, are renters or lack the appropriate roof. The Coalition for …

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Sunrise brief: First Solar reports forced labor in supply chain

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SalesRabbit now incorporates Aurora Solar designs in proposals

SalesRabbit announced it is now integrating Aurora Solar’s designs into its Proposals tool. Proposals has been designed by SalesRabbit to be an accurate and interactive tool that solar sales teams can use to create and edit better solar proposals with their customers. Using this tool ensures teams no longer have to pay a redesign fee …

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Canadian diamond mine to build NWT’s largest solar plant

Rio Tinto’s Diavik Diamond Mine will build the largest solar power plant across Canada’s territories. The facility will feature more than 6,600 solar panels and generate approximately 4,200 MWh of carbon-free electricity annually for the mine, located near Yellowknife, Northwest Territories (NWT). The Diavik mine, which began operations in 2003 and is 100% owned and …

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Enphase releases solar products optimized for NEM 3.0

The solar microinverter and battery energy storage provider released updates to its product suite to maximize returns under the new net metering rates regime in California. August 15, 2023 Net Energy Metering (NEM) 3.0 has shifted the environment for rooftop solar in California by sharply cutting compensation rates for exporting local solar generation to the …

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