January 2024 | Page 16 of 22 | San Diego's Top Solar Company

NYC area energy storage developer nets $225 million investment

Following the investment round from Manulife Investment Management, NineDot Energy has now secured a capital base of $400 million. January 10, 2024 NineDot Energy, a developer of distributed community-scale battery energy storage in the New York City metropolitan area, announced it has secured a $225 million investment, led by Manulife Investment Management and Carlyle. Adding …

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Washington legislation intends to bring fair access to solar for all

Markets / By Staff

The Fair Access to Community Solar Act will advance clean and affordable energy to historically underserved and disadvantaged Washingtonians. January 10, 2024 State-level community solar programs are one way to level the playing field by bringing clean energy to all. Community solar enables rate payers to subscribe to a solar project and receive credits on their …

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BlackRock increases stake in SolarEdge to 15.8%

Finance / By Staff

BlackRock now holds a 15.8% stake in Israel-based inverter manufacturer SolarEdge, up from 9% in April 2023. The US investment firm began investing in the company in 2017 and is now its biggest shareholder, according to a statement to the US Securities and Exchange Commission (SEC). The new investment follows a difficult financial year for SolarEdge. …

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Sunspear Energy plans to expand solar project at Hawaiian water park

Industry / By Staff

Sunspear Energy, a Hawaii-based solar installer will expand waterpark Wet’n’Wild Hawaii’s existing 1.3 MW solar carport system to include an additional solar PV system with a Tesla Megapack battery energy storage system. The addition of the battery allows the park to store renewable energy generated and sell back power generated to the grid. The existing …

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Opinion | Missing Profits May Be a Problem for the Green Transition

News / By Staff

This is one reason it has become less common for climate skeptics to talk about how much consumers would be burdened by price spikes brought about by a green transition, or to invoke Bill Gates’s “green premium” or the “cautionary tale” of France’s yellow-vest movement, and more common to hear them ask whether the renewable …

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Ohio’s largest solar complex activates its first phase

Installation / By Staff

The first 194 MW of a 749 MW solar project was activated by EDF Renewables North America and Enbridge. January 10, 2024 Solar developers EDF Renewables North America and Enbridge announced that the first phase of its Fox Squirrel Solar complex in Ohio is fully operational and delivering electricity to the PJM grid. The three-phase …

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Qmerit certified electricians to install GM Energy’s suite of EV and ESS products

Industry / By Staff

GM Energy will work with Qmerit’s network of certified installers for GM Energy’s suite of residential products, including its bidirectional EV charger and energy storage devices. This new arrangement builds on Qmerit’s long-standing relationship with General Motors. Qmerit’s assessment platform and national network of certified electricians will help ensure a streamlined, seamless installation process for …

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Agrivoltaics can help meet growing needs of the Lone Star State

Policy / By Staff

Scientists with Texas A&M AgriLife are taking a look at agrivoltaics as a potential solution to the growing demand for both electricity and food. Agrivoltaics is the practice of pairing solar energy and agricultural production on the same land. As the economy and population in Texas grows, so does its demand on the electrical power …

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First phase of Ohio’s largest solar project is now delivering energy to grid

Industry / By Staff

EDF Renewables North America and Enbridge have completed Phase 1 of the largest solar project in Ohio. Fox Squirrel Solar, a 749-MWDC project in Madison County, should fully be completed at the end of this year. The first phase equaling 194 MW is now delivering energy to the PJM grid. Phase 2 (325 MW) and …

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Sunrise brief: California to grant $52 million for vehicle-to-grid home energy stations

Installation / By Staff

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Month: January 2024