Three-year-old developer sPower sold for $1.6 billion
Nurtured by Fir Tree Partners since 2014, the fledgling utility-scale developer and IPP nets the hedge fund sponsor a windfall as it is sold to a Canadian-American joint venture.
Maine regulators approve state’s largest solar project
A first phase of the 9.9 MW project is expected to be completed by the end of the year, as one of the first under a 50 MW pilot community-owned renewables program.
Hawaii approves contracts for 110 MW-AC of utility-scale solar
NRG will build three large projects for utility HECO, which includes the state’s largest solar plant to date.
JPMorgan Chase goes all in on renewable energy
The financial services giant plans to source renewables for 100% of its global energy needs by 2020, and to facilitate $200 billion in clean financing through 2025 – the largest commitment by any global financial institution to date.
Arizona sun rises: Judge endorses APS, solar industry settlement
After a bruising two-year battle over the value of solar, Administrative Law Judge Teena Jibilian recommended the Arizona Corporation Commission accept a settlement agreement that will bring the matter to a close.
Big Sky, small solar, smaller terms
A Montana solar project that would have quadrupled the state’s installed solar has been bushwhacked in the regulatory process, putting solar and even any power plant development in the state in question.
Tallahassee to move from hydro to solar
The decision to shutter the 11-MW C.H. Corn Hydroelectric Station by the city’s municipal utility comes down to cost and reliability – something the city believes it can get more effectively from solar than water.
Turmoil in residential solar
After years of steady, relentless growth, the U.S. residential solar market is struggling with challenges on both the policy and customer acquisition fronts. And as the market diversifies away from California and the Northeast, the future is far from clear.
The Panoche Valley Solar Farm gets downsized
Under a settlement with environmentalists, 117 MW of the mammoth 247 MW project planned for Central California’s Coast Range will move to the Imperial Valley.
Renovate America secures $200 million to expand HERO
The influx of cash is the latest progress for the nation’s largest PACE provider, which expanded to more communities in Missouri last week.
