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Duke Energy to sell distributed generation business to ArcLight for $364 million

Duke Energy is selling its commercial distributed generation business to an affiliate of ArcLight Capital Partners LLC for an enterprise value of $364 million. The purchase agreement includes non-controlling tax equity interests. Duke expects approximately $259 million of proceeds from this transaction, which is subject to certain customary adjustments and will be received upon closing. This is Duke’s …

Duke Energy to sell distributed generation business to ArcLight for $364 million Read More »

SolarBank begins construction on 5.9 MW community solar project in Manlius, N.Y.

Developer SolarBank Corp. has received permitting to begin construction of its 5.9 MWdc community solar project in Manlius, New York, for Solar Advocate Development LLC. SolarBank originated the site in Manlius and has completed an interconnection agreement with the utility company, and has obtained permits from the local authority having jurisdiction. Engineering and initial construction have commenced …

SolarBank begins construction on 5.9 MW community solar project in Manlius, N.Y. Read More »

DOE awards $1.2 million in funding for Energy Storage for Social Equity program

The U.S. Department of Energy’s Office of Electricity (OE) has announced approximately $1.2 million in funding for four organizations as part of its Energy Storage for Social Equity (ES4SE) initiative. ES4SE is designed to empower disadvantaged communities to consider energy storage technologies as a viable path toward achieving their energy goals. “These organizations are fully engaged with ES4SE to find energy storage …

DOE awards $1.2 million in funding for Energy Storage for Social Equity program Read More »

Newly formed Hawthorne Renewables pledges $250M in solar projects across U.S.

The new kid on the block pledges to have the right stuff when it comes to U.S. solar development. Phoenix-based Hawthorne Renewables launched today with plans to develop $250 million in solar projects over the next few years. The newly established solar development company is backed by significant industry experience and capital. Hawthorne Renewables is the …

Newly formed Hawthorne Renewables pledges $250M in solar projects across U.S. Read More »

Summit Ridge, Osaka Gas enter joint venture to develop solar and storage projects

Commercial solar and energy storage company Summit Ridge Energy (SRE) has expanded its partnership with Osaka Gas USA Corp. (OGUSA), a subsidiary of Osaka Gas Co. Ltd., to construct, own and operate more than 100 MW of solar projects throughout the state of Virginia and 8 MW of energy storage systems in New York. The …

Summit Ridge, Osaka Gas enter joint venture to develop solar and storage projects Read More »

Greenskies installs 3.31 MW in solar to save N.J. school district $240,000 in energy costs

Greenskies Clean Focus has completed seven rooftop solar systems totaling 3.31 MW for the West Windsor-Plainsboro Regional School District in New Jersey. The projects are expected to save the district about $240,000 per year in energy costs. Greenskies partnered with Pfister Energy, a top commercial solar developer and engineering, procurement and construction (EPC) contractor based …

Greenskies installs 3.31 MW in solar to save N.J. school district $240,000 in energy costs Read More »

Catalyst Power launches 3.6 GWh community solar in Oneida County, New York

Catalyst Power Holdings LLC is opening subscriber enrollment for the Westmoreland Community Solar Farm to small businesses and residents of Oneida County, New York. With more than 3.6 GWh of availability, the new clean energy supply creates a significant opportunity for central New York small businesses, houses of worship, farms and residential customers to save on their …

Catalyst Power launches 3.6 GWh community solar in Oneida County, New York Read More »

Nautilus acquires 270 MW Great Lakes community solar portfolio in ESA deal

Nautilus Solar has acquired a portfolio of up to 270 MWdc community solar projects in the Midwest from ESA. The companies formed a strategic co-developed partnership with the aim of encouraging early-stage community solar initiatives in the Great Lakes region. This relationship lays a strong foundation for ESA’s sustainable growth trajectory, ensuring continued profitability while …

Nautilus acquires 270 MW Great Lakes community solar portfolio in ESA deal Read More »

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