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Day: July 18, 2024

Quanta Services pays $1.5 billion to acquire Cupertino Electric

Quanta Services announced that it has completed the acquisition of Cupertino Electric Inc. (CEI), an electrical contractor and solar EPC headquartered in San Jose, California. CEI now joins fellow solar contractors Blattner, Ryan Companies and RPCS under the Quanta banner. Archive photo of Cupertino Electric “We are excited to announce the acquisition of CEI, a …

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SunRaise now integrating Scanifly project data in residential solar lease software

Scanifly has partnered with SunRaise Technology to accelerate SLAs for residential solar leasing. Under the partnership, SunRaise can automatically pull milestone project data, such as site survey images, shade reports, CAD files and install punch lists, into their review queue from Scanifly’s software in real time. This eliminates the back-and-forth between contractors and SunRaise to …

SunRaise now integrating Scanifly project data in residential solar lease software Read More »

Soltec expands slope tolerance on single-axis solar trackers

Solar tracker manufacturer Soltec revealed a new foundation option for its SFOne single-axis solar tracker systems called 4×4. The mounting solution is designed to help single-axis solar trackers adapt to more terrains and locations while reducing land preparation work like grading. A computer rendering of Soltec’s SFOne single-axis solar tracker using the company’s latest foundation …

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Intersect Power closes $837 million in financing for three battery systems in Texas

Each project comprises 86 Tesla Megapacks and will provide a capacity of 320 MWh of battery storage with a two-hour duration. July 18, 2024 Intersect Power announced the closing of two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone battery energy storage systems (BESS) …

Intersect Power closes $837 million in financing for three battery systems in Texas Read More »

DOE announces $861 million loan for utility-scale solar and storage installations in Puerto Rico

The U.S. Dept. of Energy (DOE) Loan Programs Office (LPO) announced a conditional commitment for a loan guarantee of up to $861.3 million to Clean Flexible Energy. The loan guarantee will finance the construction of two solar PV farms equipped with battery storage and two standalone battery energy storage systems in Puerto Rico. The facilities …

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Generac awarded up to $200 million from DOE for solar and storage in Puerto Rico

The funds seek to build energy resilience in Puerto Rico, where hurricanes and other extreme weather frequently leave residents without power. July 18, 2024 Generac Power Systems announced it has been awarded a grant of up to $200 million over a five year term by the Department of Energy to install distributed solar and energy …

Generac awarded up to $200 million from DOE for solar and storage in Puerto Rico Read More »

First Solar completes construction of 1.3 million-sq.-ft R&D center

First Solar today commissioned its new research and development (R&D) innovation center in Lake Township, Ohio. The Jim Nolan Center for Solar Innovation is dedicated to the late James “Jim” F. Nolan, a former member of First Solar’s Board of Directors and the architect of the company’s cadmium telluride (CdTe) semiconductor platform. The facility covers …

First Solar completes construction of 1.3 million-sq.-ft R&D center Read More »

1-GWDC Gemini Solar + Storage project now connected to US grid

The largest solar + storage project in the United States is now connected to the grid. The Gemini Solar + Storage project, built by Primergy Solar and Quinbrook Infrastructure Partners, will deliver power to Las Vegas and other Nevada and Southwest communities. Credit: Primergy “Gemini broke the mold with a historic amount of solar and …

1-GWDC Gemini Solar + Storage project now connected to US grid Read More »

Solar corporate funding drops to $16.6 billion in H1

High interest rates, an uncertain rate trajectory and timeline, increasing trade barriers, supply chain challenges, concerns about the presidential election’s impact on the sector, and constantly evolving trade policies have created a climate of uncertainty. July 18, 2024 From pv magazine Global Total corporate funding in the solar sector reached $16.6 billion in the first …

Solar corporate funding drops to $16.6 billion in H1 Read More »

Greenskies completes 575-kW rooftop array for California office complex

Greenskies announced the completion of a 575-kW roof mount solar system at Belvedere Place, a prominent Class A office complex in Mill Valley, California, located just north of the Golden Gate Bridge. With over 1,000 solar panels installed, the system is expected to meet 95% of the 105,000-square-foot buildings’ electricity demand, with tenants benefiting from …

Greenskies completes 575-kW rooftop array for California office complex Read More »

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