Recurrent Energy has sold its 49% stake in two California solar power plants, the 258 MW-DC Tranquillity and the 272 MW-DC Garland Solar plants, to one of Denmark’s largest pension service providers as its first solar investment.
KBRA has given Sunnova a preliminary A- rating on a portfolio of nearly 15,000 residential PV systems, totaling 108 MW-DC across 17 states and three island territories.
Minnesota credit unions have launched a new program to offer solar power finance to their 1.7 million members. This program offers residential loans, and commercial PACE loans, funding up to 100% of the projects.
Mercom Capital’s latest report shows both VC and public market funding for battery storage growing year-over-year.
SEIA has filed a petition with the New York regulators calling for changes to the calculation of the value of distributed energy, including by refining how to take into account avoided damages, and adjusting the application of ‘E-values’ until further program changes occur.
Southern Sky Renewables has delivered a 2.6 MW-DC solar power plant atop a sealed landfill, as one of the first utility-scale solar projects in the smallest state in the union. Rhode Island public officials from Governor Gina Raimondo to the local police force showed up for a literal ribbon cutting.
kWh Analytics has released a list of 28 tax equity investors in solar power projects, with their key project requirements.
SEIA has released version 9.0 of its Federal Solar Tax Guide for Solar Energy, a guide to fully monetizing up to 46% of a project’s cost in the first year – before the value of electricity and state incentives are considered.
Hanwha Q Cells’ New York-listed business unit will come back under the company umbrella early next year, with a separate merger between two further units of the Korean conglomerate set to consolidate its solar expertise in house.
Minnesota regulators have approved a 1.5¢/kWh incentive for residential customers of “solar gardens”, as they seek to boost the residential to commercial customer wattage ratio from the current 1:9.
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