The modules will be made in Silfab Solar’s upcoming facility in South Carolina.
Funding for solar manufacturing, project development, and more continues to roll in, as evidenced by three hundred-million-plus deals struck this week.
The Coalition for Community Solar Access (CCSA) noted that household names such as Microsoft, Google, Walmart, Starbucks, Rivian, Wendy’s, and T-Mobile are just a few of the Fortune 500 companies that have signed agreements with community solar developers.
Also on the rise: Aurora Solar introduces solar models powered by EagleView. Pivot Energy partners with Microsoft to develop up to 500 MW of community solar. And more.
The portfolio is planned to be developed in locations across the United States from 2025 through 2029.
Rivian will subscribe to community solar and purchase renewable energy certificates (RECs).
The retail giant entered multiple new agreements across the U.S. with solar developers, furthering its position as a corporate leader in solar adoption.
Subscribers in the portfolio include municipalities, healthcare, food service, and retail companies, as well as 8,000 low-to-moderate income (LMI) households.
Once considered a low-cost investment, the price to build solar assets has increased considerably. To combat rising costs due to inflation, kWh Analytics partnered with project developer Pivot Energy to provide Solar Revenue Put production insurance across the developer’s multiple distributed solar projects totaling 70 MW in six U.S. states.
Community solar provides measurable, tangible benefits to the grid and ratepayers. While some may argue about the exact value of these benefits, distributed solar, and community solar specifically, is an integral part of the grid.
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