Spruce raises $445 million investment for 2017 projects
Spruce Finance, which provides consumer financing for residential solar and energy efficiency projects, has raised a total of $445 million in tax equity and project debt transactions to support its activities in 2017.
Berkeley Lab finds negligible potential rate impacts from distributed solar
The latest report from the respected national lab finds that even if – big if – behind-the-meter solar is raising the rates of other utility customers, the impacts are tiny, especially compared to other activities.
Perry’s testimony undercut by reported budget outline
Energy Secretary Nominee Rick Perry tried to soften his Climate Change and renewable energy stances during his confirmation hearing. However, a leaked budget outline from the Trump transition team belied that conciliatory tone.
Air Force, Navy march toward a solar future
Coronal Energy and Gulf Power joined forces to break ground on a combined 120 MW at Eglin Air Force Base and Naval Air Station Pensacola.
New Jersey reaches 2 GW of installed solar
With a strong market in 2016, New Jersey retains the fourth-largest installed capacity and the 2nd largest capacity of distributed generation in the United States.
CleanCapital and Generate Capital enter $300 million partnership to focus on distributed solar
The two U.S.-based companies have announced a major partnership for the acquisition of $300 million in operating clean energy assets, with a focus on distributed solar projects in the near-term.
Stion & Powerway install trackers at Tulare, CA PV plant
Stion CIGS thin modules were supported by Powerway’s single-axis PowerTracker. The array consists of 16 rows, each of which includes a 15 panel block that is three panels wide in a portrait orientation. The project was connected to the grid on January 4.
PVMA: 75 GW of solar PV installed globally in 2016
The PV Market Alliance has released its official solar installation figures for 2016, which show a 50% growth from 2015 with a total of 75 GW installed. This was mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.
Silicon Ranch raises $55 million in equity financing
The latest round of financing brings the total raised in 2016 to $165 million, which allows the company to pursue an aggressive growth strategy moving forward.
Newcomer Longroad Energy Acquires 3 GW Solar Portfolio
The Boston-based solar developer, founded in 2016, purchased the significant project pipeline to establish itself as a national player in the U.S. solar market.
