Project finance and tax equity deals were closed by rPlus Energies, Soltage and Origis Energy.
Brookfield Asset Management and Antin Infrastructure partners made commitments that could exceed $1 billion in aggregate.
The solar developer closed a deal for construction, term debt and tax equity financing for a project coming online in 2025.
Origis Energy and the Tennessee Valley Authority announced the facilities, which will be built in three phases.
Origis Energy commenced construction on the project, which is expected to reach commercial operations in 2024.
Over 1.8 million solar panels will be installed in the project, which has completed its first 150 MW phase.
The three solar-plus-storage projects are being developed by Origis Energy as part of 1.5 GW of operational and contracted assets in the region.
With a public utility market prohibitive of solar development, Alabama constituents are hopeful that the Inflation Reduction Act could create a market for behind-the-meter distributed generation activity.
Boviet Solar will supply its 550 W bifacial solar modules for utility-scale projects.
Also on the rise: Solar farm in Baltimore City to power university medical system as well as low-income area residents.NJR Clean Energy Ventures breaks ground, or rather water, on 9 MW floating solar project. Top ten hybrid solar and storage plant observations. 22 Senators call on Biden to end anti-circumvention investigation.
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