Solar News

Origis Energy Secures $317 Million in Project Tax Equity from J.P. Morgan

Origis Energy has secured $317 million in project tax equity funding from J.P. Morgan for two utility-scale solar and solar-plus-storage projects, located in New...

SolaREIT Launches Capital Solutions for BESS Developers

SolaREIT has launched a suite of capital solutions for BESS developers, offering land and lease purchases, along with battery storage land loans.  "The capital solutions...

Mortenson Completes Edwards & Sanborn Solar+Storage Project

Terra-Gen and Mortenson have announced completion of Edwards & Sanborn Solar+Energy Storage, in which Mortenson was the full EPC contractor on both the solar...

El Paso Electric Expands its Texas Community Solar Program

El Paso Electric (EPE) has started construction on a 10 MW facility as part of the company’s second Texas Community Solar program expansion.  Along with...

Recurrent Energy Announces $500 Million BlackRock Capital Commitment 

Canadian Solar subsidiary Recurrent Energy has secured a $500 million preferred equity investment commitment, convertible into common equity, from BlackRock through a fund managed...

GameChange Solar Opens Tracker Factory in Brazil

GameChange Solar (GCS) has announced the opening of a new factory, training, service and support center for its Genius Tracker solar products in Feira...

Nexamp Sets Second Headquarters in Chicago in Midwest Focus

Nexamp has announced that its Chicago office will serve as the company's second national headquarters, planning to add an additional 50 team members there...

Deriva Energy Closes on Spanish Peaks Solar Acquisition 

Deriva Energy has acquired Spanish Peaks Solar, a 140 MW solar project in Las Animas County, Colo., from power developer JUWI. With the addition of...

SolarEdge to Reduce Global Workforce 

SolarEdge has announced a company restructuring plan that includes an approximate 16% workforce reduction, or around 900 employees.  Designed to align its cost structure to...

Empact, Ampliform Enter IRA Compliance Management Agreement

Empact Technologies has entered a new agreement with Ampliform to provide Inflation Reduction Act (IRA) compliance management software and services.  Under the agreement terms, Empact...

First Solar Purchases Future Ohio Distribution Site

First Solar has acquired a 1.2 million sq. ft. facility in Troy Township, Ohio, formerly known as Peloton Output Park, that is expected to...

S-5! Launches its MLPE Mount

S-5! has introduced an addition to its balance of systems lineup, the MLPE Mount. The product provides a universal method for attaching module level power...

Strata Breaks Ground on 1 GWh Phoenix Energy Storage Project 

Strata Clean Energy has broken ground on its Scatter Wash battery storage complex in Phoenix, a 255 MW facility that is expected to become...

CAMS Awarded Integrated Services Contract for REC Solar Portfolio

Consolidated Asset Management Services (CAMS) says it will provide O&M, asset management, accounting, remote monitoring and related services for REC Solar’s renewables portfolio, including...

AES Completed 3.5 GW of Renewables Construction Last Year

AES Corp. says it completed 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to the previous year. “This construction milestone...

Skylight Lending Secures Credit Facility with M&T Bank

Skylight Lending has closed on a multi-million-dollar credit facility with M&T Bank, positioning the company for a planned expansion into five states. "Our long-term relationship...

Bloomberg, Orsted Announce 15-Year Renewables PPA

Ørsted has signed an 80 MW PPA with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under...

Amazon Remains World’s Largest Corporate Renewables Purchaser

Amazon invested in more than 100 new solar and wind energy projects last year, becoming the world’s largest corporate purchaser of renewable energy for...

Mercom Reports Solar Companies Raised $34.3B in 2023 Corporate Funding 

Mercom Capital Group has released its annual report on funding and M&A activity for the solar sector, finding that total corporate funding, including from...

Paz Oil, Arava Power, Menora Mivtachim Close on Sunray Loan 

Paz Oil, Arava Power and Menora Mivtachim have closed on a tax equity bridge loan of $144M for the 272 MW Sunray Project located...

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