People on the Move: Geenex Solar, PosiGen, Loop Energy, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
DC Solar owner sentenced to 30 years for Ponzi scheme
In what the Department of Justice described as “the largest criminal fraud scheme in the history of the Eastern District of California,” Jeff Carpoff has been sentenced to 30 years in prison for conspiracy to commit wire fraud and money laundering.
Competitive Power Ventures acquires 460 MW solar portfolio
Purchased from developer Belltown Power, the two projects are located in Illinois and Kentucky.
Sunrise brief: Financing green light for 565 MWh storage project
Also on the rise: First Solar reports shipping problems, SunPower weighs options for its C&I business, and FTC Solar wins a tracker order for an Arizona project.
Flagship solar trade shows rebrand as RE+
The rebranding launches in January as SPI, ESI, and Smart Energy Week become “RE+”.
FTC Solar wins tracker order for Arizona solar project
The project combines solar and energy storage technologies and will be located near Phoenix.
Plus Power lines up financing for 565 MWh storage project
The financing includes $188 million in non-recourse construction debt and $31 million in letters of credit.
Shipping problems for First Solar but production line expansion is under way
The U.S. manufacturer has started building its third Ohio production base and has also begun ordering equipment to kit out its first factory in India.
SunPower to decide fate of commercial-industrial solar business this year
A quarterly update top-loaded with promising business growth in the company’s residential segment revealed commercial and industrial operations supplied an $8 million loss to the three-month figures, with supply chain issues and project timetables blamed.
Sunrise brief: Georgia Power RFP seeks 1 GW of renewables
Also on the rise: Canadian Solar wins 52 MW project with Colombia Ministry of Energy, and a Solar co-op launches in the Twin Cities.
