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Day: November 25, 2024

Solar financing is alive and well

Funding for solar manufacturing, project development, and more continues to roll in, as evidenced by three hundred-million-plus deals struck this week. November 25, 2024 Investor interest in solar energy in the United States is thriving. While higher borrowing costs have challenged the industry’s growth in recent years, the trend is clear: solar is growing. This …

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Toyo to establish 2.5-GW solar panel factory outside Houston

Toyo announced it has leased a 567,140 ft2 facility in the metro-area of Houston, Texas, to establish a 2.5-GW solar panel assembly facility. Toyo is affiliated with Vietnam Sunergy (VSUN). The Humble facility on Google Maps. The facility in Humble, Texas, has already been constructed and was previously owned by Solar Plus Technology Texas LLC. …

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Verogy covers Maine warehouse with 1.1-MW solar project

Verogy, a solar project developer, completed a 1.1-MWDC rooftop solar installation at real estate investment firm Plymouth Industrial REIT’s 68,000-sq-ft warehouse in Portland, Maine. Credit: Verogy “This collaboration with Plymouth demonstrates the power of partnerships in advancing clean energy initiatives,” said Will Herchel, CEO of Verogy. “We are proud to contribute to Maine’s climate goals …

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Maine will not pursue a distribution system operator to advance distributed resources

The Maine Governor’s Energy Office has invited comments on how the state may best meet its energy system goals, including growth of distributed energy resources. The office is not pursuing a distribution system operator as a means to meet those goals. November 25, 2024 The Maine Governor’s Energy Office has announced it will not contract for the …

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New software aims to cut residential solar contract cancellations

In an industry where half of all signed contracts never make it to installation, a new technology company is helping solar installers dramatically reduce cancellation rates through automated integration and customer engagement. According to a study by NREL, contract cancellations add an average of $0.20/W to system costs, or about $1,400 per project, directly impacting …

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Arevon completes one of country’s first utility-scale solar peaker plants

Arevon Energy hosted a ribbon-cutting ceremony to mark the start of operations at its Vikings Solar-plus-Storage Project in Imperial County, California, near Holtville. The $529 million project includes 157 MWDC of solar coupled with 150 MW/600 MWh of battery energy storage. Vikings, one of the first utility-scale solar peaker plants in the U.S., shifts low-cost …

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