FYI

Energy Storage Company Stem Gets $15M Investment From Mithril

SI Staff
SI Staff on May 27, 2016

Stem Inc., a California-based provider of software-driven energy storage solutions, has closed $15 million in funding from technology growth investor Mithril Capital Management. “Integrating cleantech solutions at scale is an important goal but a huge challenge,” says Ajay Royan, co-founder [Read More]

Spruce And Investec Close $120M Financing For Residential Solar

SI Staff
SI Staff on May 26, 2016

Spruce Finance Inc., a provider of consumer financing for residential solar and home efficiency improvements in the U.S., has closed a $120 million syndicated credit facility it says will support the growth of its solar lease and power purchase agreement [Read More]

Open Energy Adds Data Aggregation To Online Lending Platform

SI Staff
SI Staff on May 24, 2016

Open Energy, a commercial solar debt finance provider, has announced a partnership with kWh Analytics, a risk management software company. Open Energy says the partnership will allow its customers to view aggregated performance metrics across their asset portfolios while benchmarking [Read More]

DTE Energy Opens Renewable Energy Operations Center

SI Staff
SI Staff on May 20, 2016

Detroit-based utility DTE Energy says it has opened the Huron Renewable Energy Center in Bad Axe, Mich., bringing 25 renewable energy operations and maintenance (O&M) jobs to Huron County. According to David Harwood, director of renewable energy for DTE Energy, [Read More]

Indian Company SmartTrak Sets Up Shop In Silicon Valley

SI Staff
SI Staff on May 18, 2016

SmartTrak Corp., an India-based solar tracker developer, has opened what the company calls its first global center. Located in Silicon Valley’s Freemont, Calif., the center will help SmartTrak build out its international business and reach its goal of adding 1 [Read More]

Solar Alliance Partners With Sunrun In California

SI Staff
SI Staff on May 18, 2016

Solar Alliance Energy Inc., a solar sales and marketing firm with locations in Vancouver and San Diego, has signed a certified partnership agreement with national residential solar company Sunrun. Under the agreement, Sunrun will provide its service and operating platform [Read More]

National Energy Board Highlights Ontario’s Grid Future

SI Staff
SI Staff on May 12, 2016

Canada’s National Energy Board (NEB) has released a report, “Canada’s Energy Future 2016: Province and Territory Outlooks,” which highlights the diversity of energy/electricity sources across Canada for both the production and consumption of energy, including crude oil, hydro, natural gas [Read More]

NV Energy Offers GreenEnergy Riders From New Solar Source

SI Staff
SI Staff on May 04, 2016

NV Energy says it will offer customers energy from a new solar energy resource to be constructed in Clark County, Nev. According to the utility, opportunities are available to customers with larger than 1 MW of demand and follow the [Read More]

NEXTracker Opens Nashville Office To Serve Eastern U.S.

SI Staff
SI Staff on May 03, 2016

In order to help meet high demand for its solar trackers in the eastern U.S., California-based NEXTracker has opened a sales, project management and field operations office in Nashville, Tenn. The company says the office will augment delivery and customer [Read More]

Sunnova Nets Funding From Goldman Sachs

SI Staff
SI Staff on May 03, 2016

Houston-based Sunnova Energy Corp. has secured a $175 million warehouse credit facility from Goldman Sachs, which follows a $300 million equity commitment from Energy Capital Partners in March. Sunnova says the new funds will help support its continued growth in [Read More]