The company’s largest-ever funding round will help it bring more than 1 GW of solar on line and position Nashville-based Silicon Ranch to enter new markets.
Also in the brief: Hawaiian Electric Company proposes 20 MW of new projects, EDP Renewables has secured 86% of the company’s targeted capacity additions for 2019-2022 and more.
The new installation is being developed by Silicon Ranch in Tullahoma and will help Vanderbilt become 100% renewably powered, while bringing the City one-third closer to its RPS goals.
South Carolina is set to surpass North Carolina in solar watts per customer. Georgia and Florida will exceed the Southeast average, while utilities in Tennessee, Alabama and Mississippi will continue to lag. Overall the states will reach 5% solar generation by 2023.
Also in the brief: Ginlong Technologies plans to raise over $100 million, the US–China trade war and COVID-19 have massively impacted coal financing, SunPower’s planned split and establishment of Maxeon Solar Technologies has received approval in China and more.
The number of large solar projects (say, 100 MW and bigger) is rapidly increasing in the U.S. — and pv magazine is keeping track. We’ve rounded up this week’s big news in big solar.
Also in the brief: Brookfield Renewable Partners and TerraForm Power are set to become one, Diversified Communications acquires Energy Storage North America, 4.3 MW have been proposed in Ellsworth, Maine and more.
Some former surface coal mines in central Appalachia could be repurposed for solar development. The Nature Conservancy, a global land conservancy with $1 billion in annual revenues, is exploring the options.
Also in the brief: NYSEIA forms the Long Island Solar & Storage Alliance, Sol-Ark named a finalist for “American-Made Solar Prize,’ Gas South and Cobb EMC break ground on solar + storage project and more.
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