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Day: August 5, 2024

Generac acquires microgrid controller company Ageto

Generac Power Systems has acquired Ageto, a provider of microgrid controllers in the commercial and industrial (C&I) market. The transaction closed on August 1, 2024. Terms of the deal were not disclosed. “This acquisition enhances our ability to offer a complete energy technology ecosystem to domestic C&I customers with multi-asset sites,” said Erik Wilde, EVP …

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Solar-specific CRM program SunCRM now available to installers worldwide

The founders of solar app Sunvoy have launched a customer relationship management (CRM) platform specifically for the solar industry, SunCRM. SunCRM integrates with HubSpot, offering customized solar-specific features that enhance operational efficiencies, streamline project management and elevate customer engagement. Developed by solar professionals, SunCRM addresses the unique challenges and demands faced by the solar installation …

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Generac acquires microgrid controller specialist Ageto

The company previously known for generators and battery backup systems, moves further into the C&I market with the acquisition of Ageto. August 5, 2024 Generac Power Systems, known for its generators, battery backup and other power products, has acquired Ageto, a leading provider of microgrid controllers. Ageto, based in Fort Collins, Colorado, developed the ARC …

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Sugar Hollow Solar taps state energy fund to launch North Carolina lending program

Sugar Hollow Solar is partnering with the North Carolina Clean Energy Fund (NCCEF) to launch a solar lending program. This partnership aims to make solar energy accessible and affordable for more North Carolinians by offering financing solutions with below-market rates and no dealer fees. The North Carolina Clean Energy Fund operates on the “Green Bank” …

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$500 billion into solar in 2024

The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $3 trillion for the first time this year. August 5, 2024 According to the World Energy Investment 2024 report from the International Energy Agency (IEA), total energy spending, including fuels …

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Goldman Sachs invests $440 million in renewable independent power producer

Goldman Sachs announced it has invested $440 million under its Alternatives fund in BrightNight, a renewable power company providing solutions to utility, commercial, and industrial customers. BofA Securities, Inc. and PJT Partners acted as financial advisors to BrightNight. Jefferies LLC acted as sole financial advisor and Weil, Gotshal & Manges served as legal counsel to …

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RNWBL signs PV recycling partnership with SOLARCYCLE

RNWBL, a green energy project developer and O&M provider, has contracted SOLARCYCLE to recycle PV modules from decommissioned and repowered projects. RNWBL is an O&M solutions provider for customers across wind, solar and battery storage projects. The company decommissions aged solar assets across North America, with current projects in California, Texas, Florida, Utah, Georgia and …

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The Solar Policy Scoop: August 2024

A new Michigan law gives members of homeowners associations the freedom to install solar, even if the bylaws previously prohibited it. Michigan Solar Solutions Massachusetts legislators fail to enact siting and permitting billBoston, Massachusetts Massachusetts legislators failed to enact an omnibus bill that would have introduced time limits for renewable energy permitting, as well as …

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