While Origis Energy has acquired financing for a major solar project in Florida, other companies have acquired significant project portfolios, plus the latest investment and merger news in the industry in this installment of the Solar Financing Spotlight. Origis Energy closed on a $136 million construction financing facility and conversion to term loan with …
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Sunrise brief: IRS issues final guidance for clean energy tax credit transferability Read More »
Array Technologies will officially break ground today on its previously announced $50 million manufacturing campus in Bernalillo County, New Mexico. U.S. Secretary of Energy Jennifer Granholm, and U.S. Senators Martin Heinrich and Ben Ray Luján will join Array officials at today’s groundbreaking. “Array’s new manufacturing facility will create good-paying jobs in New Mexico, strengthen the …
Array Technologies breaks ground on second tracker manufacturing site in Albuquerque Read More »
The Dept. of Treasury and Internal Revenue Service issued final regulations today describing rules and definitions for the transfer of eligible credits in a taxable year, including specific rules for partnerships and S corporations. The Inflation Reduction Act and the Creating Helpful Incentives to Produce Semiconductors act (CHIPs) enable taxpayers to take advantage of certain …
IRS releases final rules for solar tax credit transferability Read More »
Rules and definitions for the transfer and sale of tax credits, which has quickly grown to a multi-billion-dollar market, largely affirm the proposed guidance from last June. April 25, 2024 The Internal Revenue Service (IRS) released final guidance for the transfer of clean energy tax credits, a provision within the Inflation Reduction Act and the …
IRS issues final guidance for clean energy tax credit transferability Read More »
Schneider Electric has unveiled an energy storage system for grid-scale applications. The company’s Battery Energy Storage System (BESS) is the cornerstone for a fully integrated microgrid solution driven by Schneider Electric’s controls, optimization, and world-renowned digital and field services. Distribution company Graybar is the first channel partner for Schneider Electric’s new BESS, offered as part of …
Schneider Electric releases 7-ft and 20-ft BESS designs Read More »
EDP Renewables North America LLC (EDPR NA) has completed the Misenheimer Solar Park, the company’s first solar project in North Carolina. Located in the village of Misenheimer, in Stanly County, North Carolina, the solar project is one of the largest in the state, with an installed capacity of 74 MW. Misenheimer Solar Park, which will be …
EDP Renewables celebrates its first solar park in North Carolina Read More »
As the Inflation Reduction Act ramps up clean energy efforts across the U.S. the Biden administration outlines a plan to enhance transmission lines to accommodate more power. April 25, 2024 As part of Earth Week announcements from the White House, President Biden announced the ambition to upgrade 100,000 miles of transmission lines over the next …
U.S. plan to upgrade 100,000 miles of transmission lines in five years Read More »
SAN FRANCISCO – The California Public Utilities Commission (CPUC) today reminded residential and business customers served by the 559 area code to prepare for the introduction of the new 357 area code. To ensure a continuing supply of telephone numbers, the new 357 area code will be added as an overlay to serve the same …
CPUC Highlights New Dialing Procedure for Customers in 559 Area Code Read More »
Ameresco has announced the installation of a 230-kW solar portfolio for the Wakefield Municipal Gas & Light Department (WMGLD) in Massachusetts. The project is split into two separate systems, the first of which was installed in front of the meter for off-site energy utilization in the form of community solar. The second system was installed …
Ameresco installs 230-kW solar portfolio for Massachusetts public utility Read More »
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