Solar Industry News Feed

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• Two New Senate Bills Aim to Strengthen US Power Grid  June 2, 2023
  In order to incentivize the construction of critically important transmission infrastructure in America and improve efficiency of the process, U.S. Sen. Martin Heinrich, D-N.M., a member of the Senate Energy and Natural Resources Committee, recently introduced two bills: “To meet our nation’s full potential as a global leader in the clean energy transition and to […]
  Nina Korman
• Westbridge Renewable Agrees to Sale of 1.4 GW Solar Pipeline June 2, 2023
  Westbridge Renewable Energy Corp., a developer of utility-scale solar PV projects, has entered into definitive agreements regarding the purchase by Metka-EGN Ltd. (a subsidiary of MYTILINEOS Energy & Metals) of a portfolio of five solar projects located in Alberta, Canada, from Westbridge, with anticipated aggregate capacity of 1.4 GW DC upon commercial operation.   The transaction […]
  Nina Korman
• Redflow Batteries Chosen for California Solar+Storage Project June 1, 2023
  The California Energy Commission (CEC) has granted funding and approval for Redflow’s scalable flow batteries to be utilized in a large-scale solar+storage project that will provide power for the Paskenta Band of Nomlaki Indians in Northern California. The 20 MWh system will be one of the largest zinc-based battery projects in the world and the […]
  Valerie Swiantek
• Lightsource bp Completes $460 Million Financing for 368 MW Portfolio June 1, 2023
  Lightsource bp, a utility-scale solar developer and manager, has closed on a $460 million multi-project financing package to support the construction and operation of a 368 MW portfolio comprising two utility-scale solar projects in the United States. Power purchase agreements with prominent renewable energy buyers were key to achieving this milestone, the company says. Two […]
  Nina Korman
• GRNE Solar Gains Northeast Presence with Albany Branch June 1, 2023
  To meet the growing demand for renewable energy in New York and surrounding states, GRNE Solar, a solar engineering, procurement and construction firm based in Illinois, is expanding its operations to Albany.  GRNE plans to hire and grow a dedicated locally based team for the Albany branch, which will offer a comprehensive range of services, […]
  Nina Korman
• Heelstone Obtains Financing for Five Substantial Solar Projects May 31, 2023
  Heelstone Renewable Energy LLC has closed on financing to fund the construction of three portfolios composed of five utility-scale solar projects, totaling approximately 345 MW DC. All five projects – Lyons Solar, Blackwater Solar, Bird Dog Solar, Hobnail Solar and Wolfskin Solar – are currently under construction and expected to be operational either late this […]
  Nina Korman
• Canadian Solar Sells its Largest Solar Project in Japan May 31, 2023
  Canadian Solar Inc. has sold its 100 MW Azuma Kofuji solar project, located in Japan’s Fukushima prefecture. Mizuho Securities Co. Ltd. facilitated the sale to Japanese investors. Recurrent Energy‘s local subsidiary will continue to provide long-term operations and maintenance services for the plant after the transaction. The Azuma Kofuji solar project began commercial operation in […]
  Erin O'Connor
• Nexamp Nets $400 Million in Financing to Develop Solar, Storage Projects May 31, 2023
  Nexamp, a developer and manager of solar and storage assets, has secured more than $400 million in tax equity and debt commitments led by U.S. Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG), respectively.  This latest round of financing will support the creation of 49 solar and battery storage projects in six states spanning […]
  Nina Korman
• BayWa r.e. Adds Tesla Powerwall to Solar Installation Network May 31, 2023
  BayWa r.e. Solar Systems, the distribution arm of BayWa r.e. in the United States, will now include Tesla Powerwall, a rechargeable battery storage system. BayWa r.e. will add Tesla Powerwall in California and is already working to expand availability to other U.S. states in the coming months. Tesla Powerwall eliminates the need for consistent utility […]
  Nina Korman
• ESA Finishes First Phase of New Central Florida Solar Farm May 26, 2023
  ESA, a provider of clean energy solutions, has completed the first phase of a new solar farm project in central Florida. This three-phase project is part of ESA’s ongoing effort to provide pathways to decarbonization for companies and communities nationwide. The project will consist of three 1.2 MW DC systems that will support all the […]
  Nina Korman