September 15, 2025
Congratulations to my colleague RE+ survivors. It was a wild week of Solar and Storage -Glasses, and we will soon share our collection restaurants, but first we have a new series of projects every week to scream. Stop things is the largest battery energy system for batteries of batteries (BESS) of New England Online, developed by Plus Power and built by Burns & McDonnell. Plus, Gallaudet University in Washington, DC, the world’s first university for deaf and hard to hear, picking the benefits of one of the greatest microgrids in the city; Summit Ridge Energy and Bank of America closed a $ 305 million credit facility to support solar projects in Illinois and Maryland; Nugen Capital Management is investing $ 100 million in projects for solar and energy storage in the United States; Nautilus Solar Energy has taken care of $ 275 million to accelerate community growth of the community in Illinois, Maryland, Delaware, New York and Rhode Island; And in the end Powerbank Corp. Two projects advanced on Industrial Brownfield sites in Skaneateles, New York.
Plus Power Energie gives the Cranberry storage of energy in mass.
Plus strength has started serving his Cranberry Point Energy Storage Facility in Carver, Massachusetts. With 150 MW / 300 MWh, Cranberry Point Massachusetts helps about a third of the purpose To implement 1,000 MWh in storage of battery energy in 2025. This battery project on utility scale absorbs surplus energy when the customer’s demand is lower and storing for use in times of peak demand. As such, it will help to balance intermittent means, while it also ensures the reliability of power, since the use of AI and data center, economic growth and conventional power plants quickly exert new pressure on the grid.
Located on about six hectares of land, Cranberry Point connects next to Eversource’s Carver 115 kV substation. The Carver Support makes a connection with a critically important North-South transmission line between new energy sources and demand in Boston. Cranberry Point has 82 Tesla Megapack 2 XL battery housings. Plus power worked with Burns & McDonnell About engineering, purchasing and construction of the facility. In the course of construction and commissioning, the project used 135 trained employees who include a variety of trade organizations from the region.
Cool factor: Cranberry Point Energy Storage is the biggest independent currant facility on the utility scale on the New England grid. The facility is an important milestone in the Build -Out to support the energy infrastructure of New England and the reliability of the grid. In February 2021, Cranberry Point was one of the first storage facilities for batteries to secure a capacity supply obligation with the independent system operator of New England or ISO-NE.
“Plus Power is proud to deliver this milestone facility for the Commonwealth and is honored to contribute to power reliability, energy payability and emission reduction in the region,” said Alex Fraenkel, co-founder and Executive Vice chairman of Plus Power. “We look forward to being a model for ISO-NE about battery performance and an excellent neighbor for the coming years.”
Microgrid of the historic Gallaudet University shows reliability of der
More than 150 years after its foundation, the world’s first university for deaf and hard -hearing hearing is a different kind of history. Gallaudet University in Washington, DC, picks the benefits of one of the largest microgrids in the city, which school officials installed on campus in 2023.
The Energy and Experts Director of the University of the Clean Energy Financing Initiative Urban ingenuity ) Microgrids bowl Worked together to develop the Microgrid. Civil servants of each entity led a tour for employees of the Pew Charitable Trusts and the university faculty to present the facility and distributed energy sources and the benefits they provide to explain for the campus and community.
Cool factor: The Microgrid van Gallaudet combines several forms of distributed energy sources (der), including hundreds of solar panels spread over seven roofs; Any energy that the school does not immediately use can be stored in a campus battery. By producing most of his own energy on site, Gallaudet relieves the load on the local utility net and the energy bill of the university.
“The main reason for the Microgrid is that it will save the university a lot of money,” said Dave Good, Director of Energie, Utility companies and sustainability at Gallaudet University. “We expect that every year it will save around 40% on our energy bills, which is millions of dollars. It is a very good investment. It will achieve a relatively fast return.”
The Microgrid has other advantages: it is a resilient back -up in the case of grid failure – no small matter in an era of becoming more frequent weather – and offers clean energy to DC neighbors through the Washington community program, managed by local utility, Pepco.
Summit Ridge Energy is closed at a senior secure credit facility of $ 305 million at Bank of America to support a portfolio of community projects in Illinois and Maryland, a total of 158 MW capacity. The facility was raised alongside Hasi, a leading investor in sustainable infrastructure assets.
Bank of America acted as a structuring agent, syndication agent, coordination of lead arranger, administrative agent, hedge provider and LC Frontingbank for the over -drilled transaction, including Capital as Green Loan Structuring agent and coordination of lead Arrange and Keybancket.
Cool factor: The financing package, including a loan of $ 281 million and a credit facility of $ 24 million, will offer a term financing for the portfolio. The projects are expected to deliver reliable energy savings to 5,000 households and companies, while generating considerable local tax revenues and creating 3,000 jobs in construction, engineering and long-term activities.
“This financing still marks an important milestone for Summit Ridge,” said Adam Kuehne, Chief Investment Officer at Summit Ridge Energy. “By expanding our partnership with Bank of America, we can grow our footprint in Illinois and Maryland and offer cost savings for thousands of customers, while promoting American energy independence with components and local labor made by the US.”
Nugen Capital Management to invest $ 100 million in solar projects
Nugen Capital Management LLC Ensures an extra investment of $ 100 million in the short term and operational solar and storage projects in the United States.
Powered by the expertise of the team of his team in energy solutions, real estate, finances and more, Nugen is equipped to process every phase of clean energy projects, including financing, tax credit strategies, development, construction, operation and management. The company is currently looking for partners in the energy ecosystem, including developers, landowners, project owners and operators, or others, to buy projects that deliver value in their respective communities in the long term.
Cool factor: NUGEN currently manages more than $ 250 million in investments, consisting of a varied portfolio of solar energy, storage, real estate and electric mobility projects throughout the country. These projects reduce the pressure on local utilities and offer municipalities, school districts, companies and communities with reliable, affordable power.
“Since our foundation in 2010, Nugen’s mission to speed up America’s energy transition with impactful investment solutions and innovative asset strategies that unlock reliable and affordable new energy sources,” said Laura Frazier, director of Nugen, Business Development and Strategy. “When we invest in a project, we are proud that we forge full-service, always with our partners to ensure the unique needs of each project and every customer is met. We look forward to building on our strong network of partners with this significant investment level.”
Nautilus Solar Energy LLC is closed on a long -term debt facility of $ 275 million, which has been marked in the company’s largest debt transaction so far. The deal is expanding the boss base of Nautilus with three new financial partners (MUFG, SMBC and APTERRA Infrastructure Capital), underlines strong market confidence in Nautilus and the long -term value of community zoning.
“This is the biggest efforts for increasing some debts in the history of Nautilus, and the first time we have applied a completely new group of credit partners in one go,” said Camelia Miu, Chief Financial Officer of Nautilus Solar Energy. “Securing an obligation of $ 275 million in today’s challenging debt market shows the power of our company and the confidence of trust respected financial institutions in our model. The most important thing is that this capital accelerates our ability to supply more community projects that expand access to the benefits of clean energy.”
Cool factor: The new capital will support more than 25 community projects for the community that will become operational in Illinois, Maryland, Delaware, New York and Rhode Island the following year. Together these projects will add more than 130 MW of capacity to local energy networks and increase the total operational and managed portfolio of Nautilus to 700 MW. The expansion provides clean, affordable energy to more than 11,000 households and small businesses.
The deal emphasizes the important role of solar energy in the role in expanding the access to energy consumption, supporting local economic growth and stimulating the transition to a more sustainable energy seeking.
Powerbank promotes 14.4 MW Brownfield projects in New York
Powerbank Corp. has protected all required municipal approvals, including deviations, approval from the site plan and permit for special use for two projects on industrial Brownfield sites in Skaneateles, New York. Located in the Finger Lakes region in New York, in Onondaga County, the projects will now pursue the approval of the NY Department of Environmental Conservation to enter the construction.
Cool factor: After receiving the required permits and financing, PowerBank is planning to start the construction of the projects. Once completed, each of the projects is operated as a community solar project. Once the panels are switched on and electricity is generated, renewable energy from the site feeds in the local power network.
