The deal follows an earlier $210 million financing package for a 260 MW Texas solar project.
The combined company will manage more than 130 MW of community solar and virtual net metered renewable energy projects.
Malta announced a partnership with Bechtel to deploy electro-thermal energy storage systems that are capable of durations of 10-150+ hours.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The installation brings Summit Ridge’s Maryland rooftop community solar portfolio to more than 75 MW.
The solar power facility signed a 25-year fixed price agreement to sell its electricity at roughly 8.9¢/kWh.
The projects are expected to reduce the city’s fossil fuel use for electricity by more than 80% by 2030.
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 20 MW/80 MWh grid-connected project is owned and operated by Hecate Energy and was built by Mitsubishi Power.
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