Intuit, REI Help Clearloop Cut Ribbon on White Pine Solar Farm
Solar Industry - Solar News, Renewable Energy News
by Kimberly Warner-Cohen
3h ago
Clearloop, along with Intuit and REI Co-op, flipped the switch on the new 2.8 MW White Pine Solar Farm in White Pine, Tenn.  Intuit and REI each supported the development of 1.4 MW of the solar project through Clearloop’s approach allowing organizations to reclaim their carbon footprint.  “Clearloop’s partnerships with Intuit, REI, and the local community help us realize our commitment to decarbonizing the grid with an intentional focus on commissioning new solar projects in communities where we can maximize the environmental, educational and economic benefits of climate dollars,” sa ..read more
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Meta, Solarpack Sign Construction Agreements for Indiana Projects
Solar Industry - Solar News, Renewable Energy News
by Kimberly Warner-Cohen
8h ago
Meta and Solarpack have signed a strategic agreement for the construction of two Indiana solar projects with a total 210 MW capacity, meant to support Meta’s presence in the state.  Under the two long-term Environmental Attribute Purchase Agreements Meta signed, it is slated to purchase the output from the Solarpack projects. “We are excited to both support Meta’s decarbonization goals and reach this major milestone for Solarpack in the United States, a key growth market for us,” says Leo Moreno, Solarpack CEO. “We’re proud to offer global decarbonization solutions supporting local carbon ..read more
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Greenskies Installs 1.67 MW Solar Portfolio for New Jersey Schools
Solar Industry - Solar News, Renewable Energy News
by Kimberly Warner-Cohen
1d ago
Piscataway Township Schools has partnered with Greenskies Clean Focus to install a 1.67 MW rooftop solar portfolio made up of 3,700 PV panels spread across seven schools and the district administration building. The company funded the projects at no upfront cost to the district through a 15-year PPA, enabling the district to purchase the electricity generated at a fixed-rate and outsource O&M costs to Greenskies for the term. “Greenskies is proud to partner with Piscataway Township Schools in their commitment to renewable energy and sustainability,” says Stanley Chin, president and CEO of ..read more
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Clean Energy Manufacturing Investments Supporting Growth, IEA Report Says
Solar Industry - Solar News, Renewable Energy News
by Kimberly Warner-Cohen
1d ago
The International Energy Agency (IEA) has released its “Advancing Clean Technology Manufacturing” report, which finds that global investment in the manufacturing of PV, wind, batteries, electrolysers and heat pumps rose to $200 billion last year, a 70% increase from 2022. Spending on PV manufacturing more than doubled last year, while investment in battery manufacturing rose by 60%, the report further finds. Around 40% of investments in clean energy manufacturing in 2023 were in facilities that are due to come online this year. For batteries, this share rises to 70%. “Record output from solar ..read more
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EnCap Energy Transition Closes $1.5B Energy Transition Fund II
Solar Industry - Solar News, Renewable Energy News
by Michael Bates
2d ago
EnCap Energy Transition has closed its Energy Transition Fund II (EETF II) with $1.5 billion in commitments, the company says.  EnCap has made investment commitments to five portfolio companies through EETF II so far:  Linea Energy, Parliament Solar, PowerTransitions, Arbor Renewable Gas and Bildmore Renewables.  “The EnCap Energy Transition team is proud to have raised a sizable pool of capital to continue to invest in the opportunity created by the shift to a lower-carbon energy system. We greatly appreciate the strong support from our existing investor base and are pleased to ..read more
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Vesper Energy Completes Sale of Deer Creek Project
Solar Industry - Solar News, Renewable Energy News
by Kimberly Warner-Cohen
2d ago
Vesper Energy has sold its Deer Creek Renewable Energy project to what the company calls a leading Fortune 500 energy company. The project is a solar and storage project located on 378 acres in Tulare County, Calif., with a potential generating capacity of 50 MW solar and 50 MW of energy storage capacity. “We are excited about the sale of the Deer Creek Renewable Energy project, which showcases Vesper Energy’s strong growth and development portfolio in key renewable energy markets like California,” says Mark Rostafin, co-CEO at Vesper Energy. “We look forward to building on this momentum as we ..read more
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Tigo Releases New Additions to Flex MPLE Line
Solar Industry - Solar News, Renewable Energy News
by Erin O'Connor
2d ago
Tigo Energy has launched the newest additions to its Flex MLPE product family, the Tigo TS4-X line.  Aimed at the C&I as well as utility markets, the company says the products support solar modules up to 800 W and offer a multi-factor rapid shutdown option with redundant safety signaling for solar systems serving energy-critical applications.  The company added that the new devices pair with third-party solar inverters to deliver design and installation flexibility for solar installers and EPCs.  “The installers operating at the cutting edge of solar are pushing the envelope ..read more
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Heliene, UGE Enter Multiyear Module Supply Agreement and Strategic Partnership
Solar Industry - Solar News, Renewable Energy News
by Michael Bates
2d ago
Heliene has entered a multiyear module supply agreement and strategic partnership with UGE, in which Heliene will help UGE improve project economics and reduce supply chain risk for sourcing U.S.-made PV modules. Use of Heliene’s modules is set to help UGE’s projects qualify for the ITC bonus under the Inflation Reduction Act.  With the Heliene supply agreement in place, UGE is expected to begin qualifying for the ITC on projects starting construction this summer.  “We are proud to partner with UGE to provide peace of mind through material that derisks supply of PV modules and helps ..read more
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Nautilus, TPE Partner on 29.3 MW Illinois Community Solar Portfolio
Solar Industry - Solar News, Renewable Energy News
by Kimberly Warner-Cohen
2d ago
Nautilus Solar Energy and TurningPoint Energy (TPE) are partnering on a 29.3 MW portfolio of four community solar projects in Illinois, located in Kankakee and Livingston counties. “We are thrilled to work with TPE on yet another transaction, the first in the Illinois market,” says Nautilus’ Eric Paul. “Strategic partnerships like this play a pivotal role in expanding Nautilus’s capabilities and reaffirm our position as a leading community solar company with projects and subscribers located across the country.” Nautilus will be the long-term owner of the projects and is responsible for oversee ..read more
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ACP Reports Strong Q1 U.S. Clean Energy Growth
Solar Industry - Solar News, Renewable Energy News
by Michael Bates
3d ago
The American Clean Power Association (ACP) reported that the U.S. utility-scale solar, wind and storage sectors added a combined 5,585 MW of new capacity in the first quarter of 2024, marking an increase of 28% compared to installations in the same period a year ago.  The association’s “Clean Power Quarterly Market Report Q1 2024” also found that utility-scale solar surpassed 100 GW of installed capacity, and the first offshore wind project in federal waters began supplying 132 MW of power to the grid.   “The first quarter of 2024 set the pace for the year, underscoring both an ..read more
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