GameChange plans to use net proceeds from the investment to continue to expand its market share in the U.S. and globally and to accelerate R&D including balance of system solutions, new 2P tracker technology, a new fixed tilt system, and advanced tracker software.
Also on the rise: A new EV battery factory in South Carolina, lithium-ion battery recycling company expands, solar module manufacturer Silfab and national installer Titan Solar strengthen partnership, more funding for solar on tribal lands, Apex Clean Energy inks deal with Wyerhaeuser, Shell buys storage and energy company Savion.
Once completed, the 200 MW Prairie Wolf Solar Project will be the largest of its kind in Illinois, and will bring the state near 900 MW of installed solar capacity.
SunPower’s move to bring financing in-house marks a significant pivot for the installer.
Mosaic surpasses $6 billion in loans for residential solar installations and sustainable home improvements
Also on the rise: Community solar developers merge, Summit Ridge completes a big rooftop community solar project, and CIT Group refinances a 20-project solar portfolio.
The deal follows an earlier $210 million financing package for a 260 MW Texas solar project.
Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.
The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.
The deal includes long-term O&M agreements for the solar, storage, and wind assets.
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