The acquisition of SS Holdings 2017 brings Spruce’s contract base to over 72,000 systems.
The Rhode Island projects range from 250 kW to 5.4 MW and include rehabilitated brownfield sites, landfills, and serve organizations like the YMCA and low-income housing authorities.
Standard Solar acquires New Leaf’s solar project portfolio in New York and Massachusetts.
Also on the rise: Inside transferability, or selling renewable energy tax credits. Polar Racking 19 MW Axsus tracker order for N.Y. community solar portfolio. And more.
The portfolio includes the Sault Ste. Marie 1, 2, and 3 facilities, and is expected to generate annual revenues of approximately $33.1 million in 2023.
With increasing capital commitments, there is now a shift to minority investments and emergent technology subsectors. pv magazine evaluates the M&A outlooks provided by CohnReznick Capital and FTI Consulting.
The Brookhaven brownfield site spans 35 acres of limited use, capped landfill where over 16,000 solar panels will be constructed using a fixed-tilt, ballasted installation. The solar facility will feed into utility PSEG-LI’s grid.
Also on the rise: The State of South Dakota looks to pencil in a few hundred megawatts of solar in the coming years. In a saturated market, energy storage emerges as a silver bullet. And more.
Through the deal, Luminia picks up a solar portfolio totaling more than 218 MW, as well as 140 MW of solar development assets in Puerto Rico.
Post-IRA, the global renewable energy developer is moving forward development projects in the U.S., which increases the growth prospects of its renewable development businesses.
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