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Month: March 2024

Sunspear to expand solar at Wet’n’Wild theme park in Honolulu

Sunspear Energy will be helping Wet’n’Wild Hawaii expand its existing 1.3 MW solar carport system. The project will involve the addition of another 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. …

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What About Nature Risk?

Reporting the corporate risks of climate change is increasingly becoming a required part of doing business. This month, the Securities and Exchange Commission made such disclosures mandatory for public companies in the United States, following the lead from the European Union and California. But climate is not the only aspect of the natural world that …

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Valta, Black Bear compete 1.7 MW rooftop solar project in California

A shiny new 1.7 MW rooftop solar array is powering up a warehouse in Torrence, California. Valta Energy and Black Bear Energy completed the project for the facility owned by Ares Management Real Estate funds. “We are excited to embark on this journey towards a more sustainable future with our partners,” said Steve Young, managing …

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Direct pay process, tax credit transfer recapture risk and more

At the Solar Energy Industry Association’s annual event in Times Square, experts delved into the complexities of the Inflation Reduction Act and its impact on solar financing. March 14, 2024 The Solar Energy Industries Association (SEIA) recently hosted its annual Finance, Tax, and Buyer’s Seminar in Times Square, New York City. This year’s seminar built …

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Major U.S. bank signs $140 million tax equity deal for Louisiana solar project

Barclays and Lightsource bp agree to finance deal to construct 180 MW Prairie Ronde solar farm in St. Landry Parish. March 14, 2024 U.S. utility-scale solar is forecast set another record year in 2024, and new tax credit rules in the Inflation Reduction Act (IRA) of 2022 are beginning to ramp up financing of these projects. An example …

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Florida-based rooftop solar and storage company goes public

Regional solar, storage, and energy efficiency provider Sunergy: By Zeo Energy joined the NASDAQ exchange following an acquisition by ESGEN Acquistion Corp. March 14, 2024 Florida-based rooftop solar, energy storage,and energy efficiency provider Sunergy Renewables completed a business combination with special purpose acquisition company (SPAC) with ESGEN Acquisition Corp. Following the combination, the new entity …

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Installers can now apply to compete in Solar Games 2025

Intersolar North America and Energy Storage North America (ISNA/ESNA) is now accepting applications for the fifth-annual Solar Games competition to be held February 25-27, 2025 at the San Diego Convention Center. Michigan Solar Solutions participating in the Solar Games at Intersolar North America 2024. Credit: ISNA During the Solar Games, teams are tasked with building residential …

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Sunrise brief: Solar asset underperformance estimated to cause $4.6 billion in annual losses

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We Recycle Solar is donating 1 module for every 10 recycled in April

We Recycle Solar is partnering with Renewables.org, a nonprofit assisting solar development in the Global South, to enact more sustainable practices in solar installation and spur projects in developing markets. As part of the Earth Day celebration this year, We Recycle Solar committed to a specific initiative: For every 10 solar modules recycled through its …

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