Maine community solar project subscriptions to be managed by Energywell
The Bangor, Maine 2.8 MW project is UGE’s largest community solar project to date and will be built on a vacant field on the outskirts of Bangor, owned by Grant Realty.
Sunrise brief: Tracking clean energy initiatives under the Inflation Reduction Act
Also on the rise: Drone designed for visual and thermal inspection of utility-scale solar. EnerVenue announces non-lithium battery gigafactory in Kentucky. And more.
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.
Sunrise brief: North Carolina rulings dent rooftop solar value
Also on the rise: Over 500 MWh standalone battery storage facility enters operation in Texas. Connecticut commercial energy storage demand spurs government action. And more.
Community solar developer adds project debt for 24.8 MW newly completed projects
Oya Renewables secured $27.1 million in loan commitments from City National Bank and Greenprint Capital for the recently completed construction of 24.8 MW of community solar projects in western and northern New York state.
Sunrise brief: Qcells builds out U.S. supply chain with solar encapsulant facility in Georgia
Also on the rise: Meta picks utilities based on solar potential at data centers. Sunnova files for $3.3 billion Department of Energy loan. And more.
New Leaf Energy sells 21 MW of community solar projects
Standard Solar acquires New Leaf’s solar project portfolio in New York and Massachusetts.
50 states of solar incentives: Nebraska
Nebraska, the Cornhusker State, ranks 13th on the sun index, but is nearly last in the country for solar installations.
50 states of solar incentives: Missouri
Missouri has made headway for community solar to come online, while its utility solar market has over 613 MW of advanced construction projects due to enter commercial operations through 2025.
Bipartisan Michigan bill would unlock community solar market
The senate-sponsored bill would enable residents and businesses to subscribe to offsite solar projects to receive a credit on their utility bills.
