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Enel North America’s Fence Post solar + storage now operational in Texas

Enel North America and Polaris Inc. have started operations of the Fence Post solar + storage project in Texas. The project is supported by a 12-year VPPA, advancing Polaris’ continued efforts to reduce greenhouse gas emissions by increasing its renewable energy portfolio. Polaris will purchase the electricity and associated renewable energy certificates (RECs) generated by a …

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CleanCapital, Available Power form joint venture for energy storage development

CleanCapital and Available Power have entered a joint venture to build a pipeline of distributed energy storage projects across the United States. In this strategic partnership, CleanCapital will provide project financing, development and construction expertise, and Available Power will provide market insights, technology and engineering expertise to develop strategically located batteries.      CleanCapital has made inroads into the …

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Lightsource bp secures $348 million for utility-scale projects in Texas | Solar Financing Spotlight

Lightsource bp is building two utility-scale solar projects in in Texas, totaling 288 MW. Meanwhile, Arevon and Strata Clean Energy have each secured loans for projects in California and Arizona, respectively. Learn more in this installment of the Solar Financing Spotlight. Lightsource bp has successfully closed on a $348 million financing package to support the …

Lightsource bp secures $348 million for utility-scale projects in Texas | Solar Financing Spotlight Read More »

California lawmaker introduces bill to repeal NEM 3.0

A California lawmaker has introduced a bill to repeal damaging energy policies that have curtailed the state’s solar industry. Assemblymember Damon Connolly (D-San Rafael) has introduced new legislation to reduce fees and taxes on residential solar projects and restore incentives to Californians who are helping to generate clean energy for our grid. The California Public Utilities …

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Greenbacker energizes 240 MWdc Appaloosa utility-scale project

Greenbacker Capital Management has placed its 240 MWdc / 200 MWac utility-scale Appaloosa Solar 1 project into commercial operations in Iron County, Utah. With more than twice the power generation capacity of its sister project — Greenbacker Renewable Energy Company’s 104 MWdc / 80 MWac Graphite Solar in Carbon County, Utah — Appaloosa is now the …

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How Minneapolis nonprofit taps wealthy individuals to fund LMI solar installs

 Jacques Beech saw his electric bill fall to $100 a month after installing solar panels on his Minneapolis home. Photo by Brad Stauffer/Energy News Network. By Frank Jossi, via Energy News Network One installation at a time, a solar nonprofit that matches socially conscious investors’ cash with lower-income homeowners is spreading the benefits of solar …

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4.5 MW Cedar Rapids community solar garden begins operations in Iowa

The Cedar Rapids community solar garden is now generating renewable energy for the more than 300 Alliant Energy customers who subscribed to the utility’s first community solar garden in Iowa. The 4.5 MW garden is Alliant Energy’s largest operational solar project to date in Iowa.  Alliant Energy began constructing the project in 2021. It is …

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Arevon, Blackstone close $350 million financing for energy storage | Solar Financing Spotlight

Arevon Energy and Blackstone have paired up for a 200 MW / 800 MWh energy storage project. Meanwhile, Aggreko and 38 Degrees have secured financing to acquire projects. All that and more in this installment of the Solar Financing Spotlight. Renewable energy developer Arevon Energy Inc. and Blackstone Credit & Insurance (BXCI) have closed financing …

Arevon, Blackstone close $350 million financing for energy storage | Solar Financing Spotlight Read More »

Kinematics opens new facility in China to double manufacturing capacity

Intelligent motion control experts Kinematics has unveiled a new 270,000-sq-ft manufacturing facility in Jiangyin, Jiangsu, China. The state-of-the-art facility was brought online in only five months, from start to 100% production capacity. The manufacturing facility doubles the company’s capacity and ensures its ability to annually support up to 33 GW of new solar tracking capacity. …

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