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Day: April 10, 2024

Maryland General Assembly passes bill to incentivize local solar development, streamline permitting

On April 8, 2024, the Maryland General Assembly passed Senate Bill 783, the Brighter Tomorrow Act, legislation that would lower the cost of developing Maryland solar projects and increase the value of solar for energy consumers across the state. The bill now goes to the governor’s desk for signature. The Brighter Tomorrow Act is necessary …

Maryland General Assembly passes bill to incentivize local solar development, streamline permitting Read More »

Nexamp raises $520M to Power Clean Energy Mission | Solar Financing Spotlight

Nexamp enters a new phase of growth with a $520 million capital investment to expand its solar development program. Meanwhile Excelsior Energy has entered a multiyear contract to purchase Heliene solar panels, and Origis Energy has secured $317 million to build two utility-scale projects in this installment of the Solar Financing Spotlight. Nexamp secured $520 …

Nexamp raises $520M to Power Clean Energy Mission | Solar Financing Spotlight Read More »

Community solar provider secures over half-billion-dollar investment

Nexamp secured a $520 billion capital raise. It serves nearly 80,000 customers nationally and has a $2 billion investment strategy in Illinois. April 10, 2024 Community solar provider Nexamp announced it has secured a $520 million capital raise led by Manulife Investment Management, with participation from existing investors Diamond Generating Corporation and Generate Capital. The …

Community solar provider secures over half-billion-dollar investment Read More »

Origami Solar steel panel frames pass mechanical load and corrosion testing

Steel solar panel frame manufacturer Origami Solar announced that after months of independent testing at CFV Labs and the Renewable Energy Test Center (RETC), the company’s steel frames have passed frame-related industry-standard testing, including IEC 61215 static mechanical load testing and IEC 61701 salt-mist corrosion testing and continuity testing of equipotential bonding. This testing proves …

Origami Solar steel panel frames pass mechanical load and corrosion testing Read More »

West O‘ahu solar + storage project completed by AES Hawaiʻi

AES Hawaiʻi has completed the West O‘ahu solar + storage project in Kapolei – the company’s first facility to combine solar generation and battery energy storage on O‘ahu. The launch was commemorated with a blessing ceremony at the project site and reception at the nearby University of Hawai‘i-West O‘ahu campus. Located on 66 acres of …

West O‘ahu solar + storage project completed by AES Hawaiʻi Read More »

Electrical grid interconnection backlog grew 30% in 2023

The backlog of new power generation and energy storage seeking transmission connections across the U.S. grew again in 2023, with nearly 2,600 GW of generation and storage capacity now actively seeking grid interconnection, according to new research from Lawrence Berkeley National Laboratory. Active capacity in U.S. interconnection queues increased nearly eight-fold over the last decade, …

Electrical grid interconnection backlog grew 30% in 2023 Read More »

Sunrise brief: Naked Energy to manufacture solar electric plus thermal in U.S.

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Sunrise brief: Naked Energy to manufacture solar electric plus thermal in U.S. Read More »

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