Business

The projects include 6.6 MW in capacity and are the third and fourth acquired by Greenbacker from ReneSola in Maine this year.

In what the Department of Justice described as “the largest criminal fraud scheme in the history of the Eastern District of California,” Jeff Carpoff has been sentenced to 30 years in prison for conspiracy to commit wire fraud and money laundering.

Also on the rise: First Solar reports shipping problems, SunPower weighs options for its C&I business, and FTC Solar wins a tracker order for an Arizona project.

The rebranding launches in January as SPI, ESI, and Smart Energy Week become “RE+”. 

The financing includes $188 million in non-recourse construction debt and $31 million in letters of credit.

A quarterly update top-loaded with promising business growth in the company’s residential segment revealed commercial and industrial operations supplied an $8 million loss to the three-month figures, with supply chain issues and project timetables blamed.

Also on the rise: Canadian Solar wins 52 MW project with Colombia Ministry of Energy, and a Solar co-op launches in the Twin Cities.

Competitive bidding for utility-scale renewable energy projects of 3 MW or greater in capacity is planned to begin first quarter 2022.

Also on the rise: Ossoff bill would address cost burden of rooftop solar to low- to middle-income customers, and $13 million in seed round funding for a solar module-mounted storage solution.

Also on the rise: NREL points to energy efficiency as a good substitute for energy storage, and a salary survey finds a widening pay gap between women and men in the solar sector.