Finance

The company is projected to do $1 billion in residential solar project originations this year.

Organic Valley, the largest farmer-owned organic cooperative in the US, is teaming up with SunCommon to help Vermont farmers go solar with zero up-front costs.

Solas Energy Consulting acted as key technical advisor to GIP. The investment includes preferred equity and a letter of credit facility.

Novonix will acquire an approximately 5% stake in KORE Power and will become the exclusive supplier of graphite anode materials to Kore Power’s large-scale battery cell manufacturing facility in the US.

The investment marks Greenbacker’s entry into the world of floatovoltaics and will allow Noria Energy to expand its project pipeline

The company announced it served as lead arranger in $50.5 million in financing for Amp Energy’s construction of 34 MW of solar in the state.

The loan will be used to expand the company’s solar portfolio through both originated and acquired projects, as well as allow the company to move towards its long-term growth goals, according to Pine Gate.

EIG’s investment enables 8minute to grow its portfolio and focus on innovation, which includes building smart solar power plants with integrated energy storage.

Proceeds of the expanded investment will be used to accelerate the development and construction of OYA’s 3 GW+ pipeline across the Northeast and mid-Atlantic and to fund acquisitions.

Supply chain disruptions, spiking commodities costs, land use permitting uncertainties, and overwhelmed interconnection queues are driving up PPA costs and making supply scarce, but new buyers could bring innovative solutions to alleviate this stress in 2022.