Spruce Power acquires residential solar portfolio across 10 states
The acquisition of SS Holdings 2017 brings Spruce’s contract base to over 72,000 systems.
CleanCapital acquires 26.2 MW, 10-project solar portfolio
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.
New Leaf Energy sells 21 MW of community solar projects
Standard Solar acquires New Leaf’s solar project portfolio in New York and Massachusetts.
Sunrise brief: Solar panel imports are picking up after months of detainment gridlock
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.
Innergex acquires 60 MW solar portfolio in Ontario
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.
Renewables merger and acquisition strategies are shifting
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.
Developer takes over New York landfill solar site
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.
Sunrise brief: DOE requests input on how to allocate $1 billion Puerto Rico Energy Resilience Fund
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.
Luminia acquires New Hampshire community solar developer
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.
Brookfield Renewable nearly doubles development business to 110 GW from 62 GW
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.
