Head of the class: SunPower gets an ‘A’ on $440 million solar portfolio
The Kroll Bond Rating Agency delivered an Investment Grade preliminary rating on a SunPower residential lease portfolio of 317 MW. The P50 and P90 ratings after 20 years were projected near 90%, and 73-80%, respectively.
Facebook, TVA solar projects to nearly double Tennessee and Alabama solar
The two projects, at 227 and 150 MW respectively will greatly increase the capacity of installed solar in both states.
SunPower and Hannon Armstrong invest $10 million in residential solar leases
SunPower and Hannon Armstrong have entered into a joint venture to acquire, own, manage, operate, finance, and maintain a portfolio of residential solar pv systems currently or expected to be installed, working with potential tax equity partners.
Investment grade solar power gets $362 million in green bonds
Dominion Energy has closed on a private round of bonds whose purpose is to cover the utility’s investments in 20 solar projects totaling 574 MW-AC, all of which hold long term contracts.
After more than a decade, the 500 MW Palen Solar Project is approved
EDF Renewables has gotten final approval from the Bureau of Land Management to move forward on its 500 MW-AC / 627 MW-DC solar power facility in Riverside County, California.
Dispatchable solar coming to Kaua’i
The cooperative utility on the Hawaiian island has signed a contract for design and engineering of a 25 MW pumped hydro project, plus an unspecified volume of solar, to provide “dispatchable” renewable energy and allow the island to integrate an unprecedented level of solar.
Sunshine state makes solar powered moves
Florida regulators have given approval to Tampa Electric for 260 MW-AC of solar power across five single axis tracker facilities, as the company aims to deliver 600 MW-AC by the beginning of 2020.
Devil went down to Georgia for $89 million of solar power
The wholesale power buyer for 38 electric cooperative has signed a 30 year agreement to buy power from 106 MW-AC of solar at two projects in rural Georgia near the Alabama border.
Community solar+storage is still rock and roll to me
Silicon Valley Clean Energy and Monterey Bay Community have signed 15 year power contracts with Recurrent Energy on a 150 MW-AC + 180 MWh solar+storage plant.
Duke to create solar leasing program for North Carolina C&I customers
Duke Energy has filed for lessor certification in North Carolina, in hopes to start leasing solar to the state’s largest nonresidential customers.
