The Hornet Solar project is projected to monetize more than $500 million in Inflation Reduction Act production tax credits across the next decade.
Lightsource BP has abandoned plans for a 300 MW solar project in Ohio that was highly opposed by local residents.
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The company closed financing for a solar project that is expected to generate enough electricity for the equivalent demand of 160,000 homes.
Vesper said it will use BluePoint to track the progress and milestones of its 1.3GW solar and storage development pipeline, while the projects are in development, and support financial and commercial management of said assets once they’re completed.
The solar energy will be generated from Vesper’s 500 MW Hornet Solar project in west Texas.
The company will use the expanded facility to post securities for PPAs and interconnection agreements with energy transmission networks.
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