Since July 2011, the nation’s first Green Bank mobilized $288.4 million in public dollars to attract $1.85 billion in private investment, a leverage ratio of $7.40 for every $1.
The Connecticut-based firm received approvals to bring farming to two solar fields in a practice called agrivoltaics.
The EPC firm deployed several projects, averaging about 25 MW, in a region that deploys tracker projects at a lower rate than the national average.
Magnetar Capital was the lead investor and will name two new members to PosiGen’s board of directors.
Koch Strategic Platforms, a subsidiary of Koch Investments Group, invested in the commercial and utility-scale solar racking provider, marking a divergence from earlier anti-solar strategies.
Researchers from Yale found that parking lots across Connecticut could host 7 GW of solar capacity and produce 9,000 GWh of electricity in their first year of operation.
pv magazine looks at the six New England states’ solar incentives, several of which rank among the top 10 best incentives in the nation.
The program provides solar leases with no upfront cost and no credit score requirement. Lawrence Berkeley National Labs studied its performance.
Also on the rise: Madison Energy commits funds for C&I solar in Connecticut, highlights of solar in the Senate budget proposal, and who is working against distributed solar in the Midwest and West.
The offering follows a decision by the Connecticut Public Utilities Regulatory Authority to establish a new solar energy incentive program.
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