Archive for renewable – Page 7

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]

Vt. Regulators Reject Solar Project Over Sightseeing Concerns

Posted by Joseph Bebon on July 31, 2017

In a decision the Vermont Public Utility Commission (PUC) claims “protects views” from a state park, the PUC recently denied local developer Peck Electric permission to build a 144 kW solar project in Charlotte, Vt., which would have been located [Read More]

U.S. Senators Introduce Community Solar Consumer Choice Act

Posted by Joseph Bebon on July 31, 2017

U.S. Sens. Michael Bennet, D-Colo., and Martin Heinrich, D-N.M., have introduced the Community Solar Consumer Choice Act of 2017. The Senate bill, S.1670, would make permanent an existing U.S. Department of Energy program that promotes community solar by providing technical [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]

N.C. Governor Signs Solar-Friendly Bill, Fights Wind Moratorium

Posted by Joseph Bebon on July 28, 2017

Citing the importance of the legislation for the solar industry, Gov. Roy Cooper, D-N.C., has signed into law H.B.589, a comprehensive energy bill that is expected to help boost North Carolina’s solar sector but also establishes a moratorium on new wind farm [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]

Hawaiian Electric Approved To Buy Solar From Three NRG Projects

Posted by Joseph Bebon on July 28, 2017

Hawaiian Electric Co.’s application to buy renewable energy from three new solar facilities to be built and operated by NRG Energy Inc. has been approved by the Hawaii Public Utilities Commission. The projects, located on Oahu and expected to be [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]

Connecticut Green Bank’s C-PACE Program Reaches ‘Impressive’ Milestone

Posted by Joseph Bebon on July 27, 2017

The Connecticut Green Bank recently announced its commercial property assessed clean energy (C-PACE) program has reached the milestone of $100 million in total closed project financing. The solar photovoltaic (PV) and energy efficiency projects, which vary in size and scope, [Read More]

Mass. Manufacturer To Cut Electricity Costs With Rooftop Solar 

Posted by Joseph Bebon on July 27, 2017

Chemetal, a  manufacturer of metal designs and laminates, recently partnered with Massachusetts-based Solect Energy to install a 201.6 kW solar energy system on the roof of its Easthampton, Mass., manufacturing plant. The array consists of 560 solar PV panels, which [Read More]