Loan facility of $39.5 million intended to help sustain business as it restructures and re-negotiates agreement with DESRI.
The EPRI and SMUD project team will create a pollinator habitat under a 160 MW utility-scale solar project and measure changes in energy, soil carbon and management costs at the site.
The commercial and industrial PV developer grew its portfolio over the last quarter by acquiring a 100 MW portfolio of assets in 5 states.
Iris Solar and the upcoming St. James Solar facility will provide 70 MW of clean energy for 13,000 homes per year.
The Sacramento Municipal Utility District (SMUD) contracted for 200MW of solar, 400MWh storage with the renewable energy producer.
The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.
Also on the rise: Intersect Power arranges $2.6B in financing for solar plus storage projects, Standard Solar announces 24 MW community solar in Maryland, and PS Oklahoma seeks solar and wind capacity.
The solar facilities will be built by D.E. Shaw Renewable Investments under power purchase or build transfer agreements.
Also on the rise: Costs for all types of solar PV continue to fall, NREL says; and financing is lined up for a solar project near Denver.
The project has power purchase agreements in place with CORE Electric Cooperative and Holy Cross Energy.
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