Wunder Capital raises $112 million to scale C&I finance solutions
The solar finance technology company’s Series B financing round is 30x larger than its Series A round a year ago.
Target remains the largest adopter of on-site corporate solar power
The company added 43 MW last year, placing it well ahead of Walmart and Prologis. Overall installations at 4,000 companies tracked by SEIA grew slightly to 326 MW last year.
Private equity sees gold in solar power development
Ares Management LP’s energy and infrastructure fund has announced a plan to acquire a majority stake in Conti Solar, a solar power developer and EPC which has built 500 MW of solar projects.
Maryland report shows distributed solar’s real power is people
An analysis submitted to Maryland regulators found that distributed solar’s economic benefits – mostly labor associated revenue – was worth six times the value of the electricity to the grid.
Illinois smart inverter rebates to benefit solar deployment
The availability of smart inverter rebates for Illinois medium and large nonresidential PV systems in Illinois can go beyond being able to work better in a grid to impacting net metering, energy storage and other policy issues.
Utilities win in South Carolina solar vote
A bill to lift net metering caps in South Carolina fails, after a technicality was used to force the bill to secure a 2/3 majority.
Strata Solar to build largest solar power plant in Washington
The 28 MW-DC plant is part of an upcoming commercial and industrial solar program – Solar Solect – being offered by local power company Avista Utilities. The state expects to triple total solar capacity by the end of 2020.
Illinois includes small utilities in final state renewable energy plan
The state’s Commerce Commission has approved the Illinois Power Agency’s Long-Term Renewable Resources Procurement Plan, reversing earlier exclusion of small utility participation. The plan promises to build a gigawatt-scale solar market in Illinois.
New York projects 100%+ solar market growth over 2017
State officials reveal that New York State has 693 MW of community solar on the way – and a total pipeline of almost 1 GW. The state further projects 500 MW of that might be installed in 2018.
ITEK Energy limits single-use plastic with reusable solar panel packaging
The U.S.-based PV module maker has partnered with EckPack to use its ‘Trio’ packaging technology.
