Financing

sPower Closes on Tax Equity Commitment for Virginia Solar Project

sPower, a renewable energy independent power producer (IPP), has closed on a $350 million tax equity commitment for Spotsylvania Solar Energy Center in Spotsylvania...

ENGIE North America Adds Solar to Renewables Portfolio

ENGIE North America, an independent power producer and energy efficiency services provider, has signed a major tax equity financing for its renewables portfolio.  The portfolio...

First-Quarter Corporate Funding in Solar Sector Close to $2 Billion

Total corporate funding - including venture capital, public market and debt financing - into the solar sector in the first quarter reached $1.9 billion,...

DOE Allots Funds to Train Emergency Response, Building Professionals

The U.S. Department of Energy (DOE) has allotted $4.5 million in funding to training programs for professionals who interact with distributed energy resources, including...

Lightsource BP Closes on Impact Solar Project

Lightsource BP, a global solar company, has successfully closed on a $250 million financing package for its Impact Solar project, located in Lamar County,...

Old Dominion, EDF Renewables Increase Portfolio of Solar Projects

Old Dominion Electric Cooperative (ODEC), a not-for-profit, member-owned power supply cooperative, and EDF Renewables North America are adding to a previously announced partnership to...

Apex Clean Energy Enters Royalty Financing Agreement

Altius Minerals Corp. says its subsidiary, Altius Renewable Royalties Corp. (ARR), has entered into an initial $35 million royalty financing agreement with Apex Clean...

CPS Energy Releases RFP for Consulting Assistance

CPS Energy has released a request for proposals (RFP) for consulting services to assist with the next release of the FlexPOWER Bundle RFP.  The company...

Goldman Sachs, TELOS Partner to Develop Commercial-Scale Solar

TELOS Clean Energy has closed on a joint venture with Goldman Sachs' Alternative Energy Investing Group to develop, construct, own and operate distributed solar...

Spruce Acquires 27.6 MW of Residential Solar Assets

Spruce Finance, a private owner and operator of distributed-generation solar and residential energy assets in the U.S., has completed its second-largest acquisition to date. The...

New Facility Supports Provider of Low-Income Residential Solar

PosiGen, a residential solar, energy efficiency and energy education provider for low-to-moderate-income families, has revealed a new debt facility originated by the Ares Infrastructure...

Tokio Marine Acquires Renewable Energy Insurance Specialist

Tokio Marine HCC, a specialty insurance group, has signed a purchase agreement to acquire managing general agent GCube, a renewable energy risks specialist.   The transaction,...

Berkeley Lab Releases Income Trends Report on Rooftop Solar Adopters

Berkeley Lab, a company that tracks and analyzes solar-adopter demographic characteristics, has released a report describing income trends among single-family residential solar adopters.  The annual...

Grasshopper to Invest $300 Million in Pennsylvania Solar Portfolio

Grasshopper Solar, a developer and asset owner headquartered in Canada, has acquired a 278 MW DC portfolio of solar projects in Pennsylvania from Glidepath...

Florida PSC Approves Settlement Agreement for SolarTogether

The Florida Public Service Commission (PSC) has approved a settlement agreement for Florida Power & Light Co.’s (FPL) community solar program SolarTogether. FPL, Southern Alliance...

Longroad Acquires Four Solar Projects from First Solar

First Solar Inc., a provider of comprehensive photovoltaic (PV) solar solutions, says Longroad Energy, a company that focuses on renewable energy project development, operating...

Panasonic Adds Elite Tier to Residential Solar Installer Program

Panasonic has added an Elite tier to its Residential Solar Installer Program to recognize and reward standout installers with best-in-class benefits.  This exclusive tier is...

Kimberly-Clark, United Renewable and NextEra Partner on Solar Project

A 3 MW solar photovoltaic (PV) project has been completed and commercialized by United Renewable Energy, an engineering, procurement, and construction firm that develops...

CIT Invests $140 Million in Energy Storage Portfolio

CIT Group Inc. says its Power and Energy business served as lead arranger for a $140 million financing for esVolta, a developer of utility-scale...

Canadian Solar Completes Sale of Japanese Power Plant

Canadian Solar Inc. says it has completed the sale of Yamaguchi Shin Mine, a 56.3 MW operational solar power plant in the Yamaguchi Prefecture...

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