Commercial, industrial, and non-profit solar developers can now generate power purchase agreements via Sustainable Capital Finance on the company’s developer platform.
Also on the rise: Aerial inspection of solar plants goes mainstream. Faster, lower-cost interconnection by combining ERCOT, MISO, PJM approaches. CleanCapital acquires BQ Energy. And more!
The close includes $58.5 million in Green Loan construction financing and an additional $62.5 million tax equity commitments, with $50 million set to come once the project is operational later this summer.
The investment will support Solterra Energy’s pipeline of 1 GW of distributed generation and utility-scale solar energy projects across the eastern United States.
Also on the rise: Single axis trackers on a commercial rooftop increase generation 37%. Tesla Powerwall owners called to take part in the emergency load reduction program pilot. And more.
The financing will be used to support the development of 34 MW of commercial and industrial solar located across New Jersey.
Generate Capital provided the developer strategic growth capital and asset financing to expand its business.
The 8.5 MW community solar installation offers battery storage, a pollinator habitat, and an educational component for students at a local community college.
Also on the rise: Utility Dominion Energy Virginia enters rooftop solar space. New “on demand” rooftop solar investing platform. And more.
Ranging from as little as one panel to a whole rooftop’s worth, Legends Rooftop is an online tool that enables investors to purchase off-site rooftop solar panels as a financial investment.
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