The solar developer closed a deal for construction, term debt and tax equity financing for a project coming online in 2025. January 9, 2025 Project developer Origis Energy announced it has closed financing for the Swift Air Solar project in Ector County, Texas. It secured $415 million in funding, including construction, term debt and tax …
Origis Energy closes $415 million for 145 MW solar project in Texas Read More »
Two 100 MW battery energy storage facilities are now complete in Texas, with investment tax credit (ITC) transfers going to an unnamed third party. This is Key Capture Energy’s second ITC transfer transaction under the Inflation Reduction Act (IRA) and brings its portfolio of battery energy storage operating to over 600 MW across the U.S. …
Key Capture Energy completes ITC tax credit transfer for 200 MW BESS in Texas Read More »
Estuary Power, a majority woman-owned renewable energy developer and producer, closed a $340 million financing package for its Escape Solar and Storage project in Lincoln County, Nevada. Escape Solar and Storage has 185 MW of solar capacity and 400 MWh of battery energy storage capacity. The project’s construction is scheduled to be completed in Q3 …
Majority woman-owned developer begins construction on solar, battery facility in Nevada Read More »
EQT announced that EQT Transition Infrastructure has agreed to acquire Scale Microgrids, a developer, acquirer, owner and operator of microgrids and distributed energy resources for commercial & industrial, EV fleet, data center, municipal, university, hospital and agricultural customers, developers and communities, from Warburg Pincus and other existing shareholders. Headquartered in Ridgewood New Jersey, Scale’s portfolio …
Solis announced that its residential high-voltage hybrid inverters (3.8 to 11.4 kW) and commercial power class inverters (25 to 60 kW) are now officially listed on the Hawaiian Electric (HECO) Qualified Equipment List. Hawaiian Electric’s Qualified Equipment List identifies products that meet strict criteria for performing essential Grid Support Utility Interactive (GSUI) functions. These requirements …
Solis inverters now listed on Hawaiian Electric’s Qualified Equipment List Read More »
UGE announced that it has reached commercial operation (COD) on six new solar projects totaling 16 MW. The projects include UGE’s first two community solar projects in Maryland; its first community solar project in Oregon, a second municipal PPA project in Texas; and two community solar projects in Maine. With the completion of these six …
UGE begins commercial operation of 16-MW multi-state solar portfolio Read More »
The Michigan-based manufacturer supplies solar-grade polysilicon used in the manufacturing of mono-crystalline ingots and wafers used in solar cells. January 9, 2025 The U.S. Department of Commerce awarded Hemlock Semiconductor (HSC) up to $325 million in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication facilities (CHIPS and Science Act). Hemlock Semiconductor …
Construction is now underway in Lincoln County, Nevada, where Bechtel has been selected by Estuary Power to design and construct a new 226-MWDC solar project. The Escape Solar project will consist of approximately 389,000 bifacial PV panels across 900 acres to produce clean energy to serve four major power customers in the region, including MGM …
Bechtel begins construction of 226-MW Escape Solar project in Nevada Read More »
America’s efforts to cut its climate change pollution stalled in 2024, with greenhouse gas emissions dropping just a fraction, 0.2 percent, compared to the year before, according to estimates published Thursday by the Rhodium Group, a research firm. Despite continued rapid growth in solar and wind power, emissions levels stayed relatively flat last year because …
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged Read More »
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