The notes are backed by more than 3,700 solar rooftop systems across more than 21 states and territories.
The River Fork solar project has a 20-year PPA for 100 MW with Consumers Energy and a 25-year PPA for 49 MW with DTE Energy.
More than $200 million in equipment will be sold as Tesla plans to ramp up and expand operations at a Buffalo manufacturing facility.
The Energy Department announced nearly $40 million in funding for projects aimed at increasing the lifespan, reliability, and industrial use of solar.
Also on the rise: Mindful action is needed to increase Hispanic participation in solar, and a Hy Stor venture is the latest to join the growing list of hydrogen projects in the Gulf States.
PPA prices have been rising steadily since the end of last year and, according to solar developers, interconnection delays, permitting challenges, and supply chain constraints are likely to keep them high.
We need multiple strategies to ensure Hispanic and other minority communities benefit from and are involved in shaping how energy is built and used.
Also on the rise: REV Renewables gains a South Korean investor, Distributed Solar buys a community solar portfolio, and researchers investigate LID triggers in solar cells.
The deal will include a $300 million to $400 million investment to support REV’s portfolio of renewable power and energy storage projects.
Heliogen’s technology is a modular concentrated solar energy system that will use computer vision software to align mirrors to reflect sunlight to a single target on the top of a solar tower.
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