Researchers from Yale found that parking lots across Connecticut could host 7 GW of solar capacity and produce 9,000 GWh of electricity in their first year of operation.
Also on the rise: Ponzi scheme gets a DC Solar owner 30 years, import restrictions that jolted the solar industry may be easing, and Competitive Power Ventures buys a solar portfolio.
The report raised concerns over future pricing stability and product availability as demand for battery products increases.
The projects include 6.6 MW in capacity and are the third and fourth acquired by Greenbacker from ReneSola in Maine this year.
A November 10 revision to an FAQ document appears subtle, but may prove meaningful.
Also on the rise: First Solar reports shipping problems, SunPower weighs options for its C&I business, and FTC Solar wins a tracker order for an Arizona project.
The financing includes $188 million in non-recourse construction debt and $31 million in letters of credit.
The law requires all new warehouses that are at least 100,000 square feet to reserve up to 40% of their roof area for solar arrays.
The solar array will contribute up to 35 MW to the grid and store up to 240 MWh for dispatch during evening peak demand.
The solar project Caracoli was secured in a public auction, and the power will be sold via a 15-year power purchase agreement.
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