New & Noteworthy – Page 2

Three Major Themes From The First Community Solar Summit

Written by Tom Hunt on August 01, 2017

In this guest article, developer Clean Energy Collective offers some key takeaways from last week’s industry event in Denver.

Deal Closed: U.S. Developer sPower Officially Sold For $1.6 Billion

Posted by Joseph Bebon on August 01, 2017

Fir Tree Partners has completed the previously announced sale of Salt Lake City-based FTP Power LLC (sPower) – a renewable energy owner, operator and developer – to a joint venture co-controlled by The AES Corp. and Alberta Investment Management Corp. (AIMCo), [Read More]

PG&E Offers New Funding Under Affordable Housing Solar Program

Posted by Joseph Bebon on July 31, 2017

California utility Pacific Gas and Electric Co. (PG&E) has announced $10.3 million in funding available for its customers under the Multifamily Affordable Solar Housing (MASH) Program, a state program that offers rebates for affordable solar energy to families in disadvantaged [Read More]

JPMorgan Chase Makes 100% Renewable Energy Commitment

Posted by Joseph Bebon on July 28, 2017

Adding to the growing list of major companies going all-in on renewables, financial services firm JPMorgan Chase has set a new goal to source renewable power for 100% of its global energy needs by 2020. The firm has over 5,500 properties [Read More]

Judge Approves SunEdison’s Plan To Emerge From Chapter 11

Posted by Betsy Lillian on July 27, 2017

More than a year after filing voluntary petitions for reorganization under Chapter 11 bankruptcy, SunEdison has now been granted approval to exit Chapter 11 and reorganize as planned, despite opposition from shareholders and investors. According to a report from Bloomberg, [Read More]

U.S. Renewables Have Come A Long Way Over The Past Decade

Posted by Joseph Bebon on July 26, 2017

A new Environment America report offers some stats highlighting the rapid rise of solar, wind and other clean energy technologies in the U.S.

S.C. Utility Reaches Customer-Scale Solar Power Milestone

Posted by Joseph Bebon on July 26, 2017

South Carolina Electric & Gas Co. (SCE&G) has announced its customers are producing 43 MW of electricity from their own solar generating systems – that’s more than 1% of the five-year retail peak demand on SCE&G’s system, exceeding the goal [Read More]

Cypress Creek Renewables Secures $450M Investment

Posted by Joseph Bebon on July 26, 2017

Cypress Creek Renewables, an integrated renewable energy firm, has secured a $450 million facility from a consortium of investors including Temasek, an investment company headquartered in Singapore. Cypress Creek says it will use the proceeds to support its ongoing development, [Read More]

Lux Forecasts Cumulative PV Installations Will Double By 2021 

Posted by Joseph Bebon on July 25, 2017

Solar photovoltaic (PV) installations saw a surge in global deployment and reached 75 GW in 2016, a 49% year-over-year growth, according to a new report from Lux Research. Looking ahead, the report forecasts demand growth will steady, with PV slated [Read More]

Environmental Groups, Solar Developer Reach Settlement Agreement

Posted by Joseph Bebon on July 24, 2017

The Sierra Club, Defenders of Wildlife, Santa Clara Valley Audubon Society, the California Department of Fish and Wildlife (CDFW), and Panoche Valley Solar LLC (a subsidiary of Consolidated Edison Development Inc.) have entered into a settlement agreement concerning the size [Read More]