Author: solarenergy

By Brad Kramer December 9, 2024 Photo courtesy of Dimension Energy. Dimension Energy’s 44 MW community solar project in Inyokern, California, will generate $18 million in energy savings for residents and commercial subscribers. The project also represents the largest third-party community solar project in the United States. A developer, owner and operator of community solar projects, Dimension Energy recently completed construction on the 130-acre project, which will serve a diverse group of residential and commercial customers in Southern California’s Edison service area. Beneficiaries include more than 2,000 households, supportive housing organization the Redwood Family Care Network, municipal facilities in the…

Excelsior Energy Capital has signed a multi-year agreement with LG Energy Solution Vertech to purchase 7.5 GWh of fully integrated, US-made lithium-ion energy storage, with the aim of qualifying for the domestic US content incentive. December 27, 2024 Rachel Metea Image: LG Energy Solutions Vertech By pv magazine USA A new partnership between renewable investor Excelsior Energy Capital and battery manufacturer LG Energy Solution Vertech highlights the U.S. energy storage industry’s commitment to prioritizing a domestic supply chain. The companies have entered into a multi-year agreement that will provide 7.5 GWh of fully integrated lithium-ion energy storage from LG Energy…

By Contributing Author December 10, 2024 By Wilson Chang | CEO | Sunrock distributed generation As the Trump administration returns for another term, the solar industry is entering a new chapter full of challenges and opportunities. This article examines the prospects for solar under the incoming administration, and discusses how potential policy changes, including tariffs, support for domestic manufacturing, and the growing role of solar and battery storage for energy security in red states, could shape the future of the sector shaping. The solar industry has matured significantly since the last Trump administration, with distributed solar now the most competitively…

By Brad Kramer December 10, 2024 Solar Landscape has raised a record $847 million in project investments, which will help support more C&I rooftop projects like this one for Prologis. Solar Landscape has set a new annual record for financing solar energy projects. Avantus signed a PPA for a project in Arizona. SolarEdge closed its energy storage division. These are the stories we highlight in the latest version Solar financing spotlight. Solar landscape has raised an annual corporate record of $847 million in project investments and financing by 2024. The financing will allow C&I’s roof developer to deploy more than…

Gensol Engineering has agreed to the engineering, procurement and construction (EPC) tasks for a 225 MW AC (276 MW DC) grid-connected solar project in India. It will also manage operations and maintenance for three years. December 27, 2024 Uma Gupta Image: Jack Haskell, Flickr By pv magazine India Gensol Engineering has agreed to develop a 225 MW (AC) grid-connected solar PV project in the Indian state of Gujarat under an EPC contract from NTPC Renewable Energy. The project will be built at the GSECL Solar Park (Phase III) in Khavda, Rann of Kutch. The contract, which includes three years of…

By SB staff December 11, 2024 Developer from West Hartfold Verogy has completed a pair of rooftop solar installations at two FedEx facilities in Stratford (866 kW) and Middletown (2,075 kW), Connecticut. The projects are the first for FedEx in the state. Consisting of a total of more than 5,300 solar panels/modules, these state-of-the-art systems are designed to reduce the facilities’ carbon footprint while providing a reliable source of zero-emission renewable energy. “By embracing renewable energy, FedEx is not only making progress in reducing its carbon footprint, but also setting a powerful example for other companies on how to reduce…

By SB staff December 12, 2024 US solar advocates have launched a 10-point program to move the sector forward, with a new political regime set to take power in 2025. The Solar Energy Industries Association (SEIA) has a comprehensive policy agenda for President Donald Trump and the 119th Congress to ensure the United States becomes the world’s dominant solar and storage market. This policy agenda calls for strengthening the solar and storage industries as part of a broad strategy to achieve American energy independence and security. It calls for eliminating dependence on China for solar and storage components and continuing…

Grenada’s Public Utilities Regulatory Commission (PURC) has launched a call to prequalify bidders for a 15.1 MWp solar project at Maurice Bishop International Airport, as part of the island’s energy transition. December 27, 2024 Brian Publicover Grenada’s PURC has launched a Request for Qualifications (RFQ) to prequalify bidders for an Independent Power Producer (IPP) tender. The project aims to establish a 15.1 MWp solar system at Maurice Bishop International Airport, marking an important step in the island’s energy transition. The proposed PV project – first unveiled in September but launched in November – will consist of three separate power stations,…

By SB staff December 12, 2024 The Oregon Energy Facility Siting Council (EFSC) has approved the Sunstone Solar project. Considered the largest solar project in the United States, Pine Gate renewable energy sources can now proceed with construction of the 1.2 GW solar and 1.2 GW storage project. The Sunstone Solar project site covers 10,000 hectares and will be located on private land zoned for agricultural use. According to a company announcement, Pine Gate has partnered with Morrow County and agricultural organizations to create a program that aims to offset the project’s impact on the local agricultural economy. The first-of-its-kind…

By Brad Kramer December 17, 2024 CleanCapital acquires a project portfolio of 40 assets and adds an investment of $145 million. Dimension Energy secures a financing package to support 30 community solar projects in seven states. Aypa Power receives financial support for an energy storage project in Arizona. Read more about these stories in the latest version Solar financing spotlight. Clean Capital has acquired a portfolio of 40 assets totaling 22.7 MW Kendall Sustainable Infrastructure (KSI), one of the first established institutional owners of community solar projects. The acquisition marks a milestone for both companies and brings CleanCapital’s portfolio of…