The acquisitions bring Standard Solar’s owned assets above 20MW in Massachusetts and above 50MW in Maine.
The 266MWdc/200MWac Corazon I Solar plant began operations in August 2021 and the 200MW/400 MWh Guajillo storage project is expected to reach an operational stage before the end of 2023.
The developer is active in community solar, multifamily, commercial, industrial, and rooftop markets.
Ernst & Young’s 2021 report detailing transactions in power and utilities shows a higher focus on ESG initiatives and renewable deals across the country’s utilities.
Also on the rise: Perch Energy to bring community solar to Massachusetts. US start-up mPower Technology is scaling up its flexible crystalline silicon solar module technology for spatial and terrestrial applications. Popular mid-Atlantic restaurant and convenience store chain, Sheetz, has come to a long-term renewable energy supply agreement with Constellation. Ohio regulators approve 325MW solar project. The Massachusetts Solar Technical Assistance Retrofits program has committed to 3MW of development. Despite Q4 loss, REC Silicon has big plans for US polysilicon manufacturing.
The acquisition is expected to enable EnergySage to develop new solutions for high-efficiency HVAC, smart home devices, and other clean energy products and services.
The acquisition improves CleanCapital’s position in the rapidly-consolidating market share of the top commercial solar asset owners.
Also on the rise: CommonBond enters solar finance market, hoping to lower costs. SunPower sells C&I business. BloombergNEF’s Jenny Chase says solar offers reasons for hope. NREL develops next-generation CSP. Greenbacker adds to solar portfolio. EV charging networks gets a boost. Nautilus grows community solar portfolio. Nature Conservancy releases Site Renewables Right map.
The sale enables SunPower to focus on growing its residential business, while TotalEnergies will advance its distributed generation activity in the US.
The three 6.7MW projects are Greenbacker’s first assets in Washington, and all of the projects have long-term power supply agreements in place and completion projections for later this year.
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