Summit Ridge raises tax equity for 50 MW Maine and Illinois solar portfolio
The $67 million investment utilizes the Inflation Reduction Act’s (IRA) Qualified Advanced Energy Project Credit program. Once guidance for low- and moderate-income community incentives and domestic content requirements program is finalized, the developer expects to expand its partnership with the tax investor to fund additional projects in underserved and traditional energy communities.
Best practices in state’s energy storage policies
A recent report from the Clean Energy States Alliance highlights best practices, identifies barriers, and underscores the need to expand state energy storage policymaking to support decarbonization in the United States.
Luminia closes out 2022 with $2.5 billion in solar financing requests
With a 600 MW+ project pipeline, active development includes community solar and other projects primarily across the Northeast.
Brookfield Renewable company acquires 21.6 MW community solar portfolio in Maine
The three projects are expected to generate 27,600 MWh of low-carbon energy annually, enough to power 8,400 homes in Maine.
Sunrise brief: Tariffs are not the biggest threat to U.S. module supply
Also on the rise: Tigo Energy to go public in Q2 2023. Best practices for planting a pollinator-friendly solar project. And more.
Renewable Properties acquires 40 MW community solar portfolio in Maine
This latest acquisition from NextGrid brings Renewable Properties’ Maine portfolio to over 42 MW now in various stages of operation, construction, and development.
Longroad Energy receives notice to proceed to begin construction of 152 MW Three Corners Solar
Three Corners Solar will become the largest solar facility in Maine upon completion by early 2024.
Sunrise brief: Solar-plus-storage kept the lights on in Puerto Rico after Hurricane Fiona
Also on the rise: Landfill solar project to cover 63% of South Portland’s municipal electricity needs. 50 states of solar incentives: Florida. And more.
Landfill solar project to cover 63% of South Portland’s municipal electricity needs
The brownfield-sited project will bring the city’s municipal electricity to 80% sourced from solar.
Standard Solar and Scout Clean Energy acquired by Brookfield Renewable
Brookfield to invest up to $2 billion in the two renewable energy powerhouses, bringing its development portfolio to 60 GW.
