News

Solar industry news: Mounting, inverter, PV module, tracker and energy storage trends; net metering regulation; financing, buying trends and more.

Morgan Solar, Silfab Solar secure utility-scale order for PV-boosting SimbaX tech

Morgan Solar, Silfab Solar secure utility-scale order for PV-boosting SimbaX tech

July 6, 2020 at 9:52 am 0 comments

Morgan Solar has been in the business of developing solar technologies for 13 years, ranging from 30 percent efficient CPV to two-axis trackers to LED-enhanced BIPV. The company recently made a big sale of 13.6 MWDC (10.5 MWAC) of bifacial solar panels enhanced with its performance boosting SimbaX technology toRead More

ITC safe harbor extension provides some COVID relief for solar developers

ITC safe harbor extension provides some COVID relief for solar developers

July 1, 2020 at 12:41 pm 0 comments

The COVID-19 pandemic has caused major supply chain disruptions in the U.S., leading to halts in renewable developments. As the developers faced difficulty in meeting the deadline to start operations of the renewable projects, the Internal Revenue Service (IRS) extended the deadline for these projects by one year. This givesRead More

RECON Corp. tabs RPCS for 8 MW of solar tracker projects in Illinois

RECON Corp. tabs RPCS for 8 MW of solar tracker projects in Illinois

July 1, 2020 at 11:59 am 0 comments

RP Construction Services, Inc. (RPCS) and RECON Corporation announced earlier this week their partnership to build 8 MWdc of solar tracker projects in Illinois this year.  RECON Corporation, a solar photovoltaic EPC contractor based in Michigan, will be building three ground mount solar tracker projects, utilizing the DuraTrack HZ v3 single-axisRead More

Idemitsu Renewables secures $71 million in tax equity for solar projects in California, Colorado

Idemitsu Renewables secures $71 million in tax equity for solar projects in California, Colorado

July 1, 2020 at 11:46 am 0 comments

This week, Idemitsu Renewables closed tax equity financing for its 50 MWp Central 40 solar project in Stanislaus County, California, and its 80 MWp Pioneer Solar project in Adams County, Colorado. Both projects are under construction and will begin operating in the fall of 2020. The tax equity syndicate was arrangedRead More

Standard Solar secures $105 million in tax equity for solar projects in five states

Standard Solar secures $105 million in tax equity for solar projects in five states

July 1, 2020 at 11:27 am 0 comments

Standard Solar, Inc. closed a tax equity commitment this week for up to $105 million to finance distributed generation (DG) solar projects located in Arizona, California, Massachusetts, New York and Rhode Island. The financing was secured through tax equity commitments from Fifth Third Bank, National Association and IBERIABANK. The portfolioRead More

HSGS to build a solar canopy at North Little Rock VA Medical Center

HSGS to build a solar canopy at North Little Rock VA Medical Center

July 1, 2020 at 11:19 am 0 comments

Hannah Solar Government Services (HSGS) was selected to build several solar PV parking canopies totaling 330 kW at the VA Medical Center in Little Rock, Arkansas. The parking canopies will be funded via an Energy Savings Performance Contract (ESPC) with the Department of Veteran Affairs. ESPCs are designed to provideRead More

Debra and Greg Earl in front of their Chicago home with one of the solar panels to be installed on their roof.

Free solar installs finally hit Chicago’s South Side as part of Illinois Solar for All program

July 1, 2020 at 11:09 am 0 comments

From Energy News Network: The Illinois Solar for All program was slow to start in part because of its complexity and consumer safeguards. Having always been “the go-green types,” Debra Earl and her husband last summer decided they wanted to get solar panels on the bungalow where they’ve lived forRead More

EDF Renewables constructs solar carports at Cox Communications headquarters

EDF Renewables constructs solar carports at Cox Communications headquarters

July 1, 2020 at 10:52 am 0 comments

EDF Renewables North America was chosen by Cox Communications to design and build an integrated 360 kilowatt (kW) solar photovoltaic and 560 kW / 1,360 kilowatt hour (kWh) onsite behind-the-meter battery storage solution at the primary Cox Communications’ corporate office in San Diego. The carport and rooftop solar installation combinedRead More

Ballasted Solar FlexRack installed by Signal Energy

Resolving Complexities in a Landfill Community Solar Project, part 3: The COVID-19 Challenge

July 1, 2020 at 8:00 am 4 comments

Located on the outskirts of Beverly, Mass., in Essex County, the Beverly Community Solar Project was four and a half years in the making. Early challenges included waiting for an open incentive program that would make the project economically viable. In late 2018, Massachusetts introduced its new solar incentive program,Read More

Investor demand stronger than ever: Mosaic completes another $280 million solar loan securitization

Investor demand stronger than ever: Mosaic completes another $280 million solar loan securitization

June 30, 2020 at 3:13 pm 0 comments

Mosaic, a leading provider of financing solutions for residential solar and energy-efficient home improvement projects in the U.S., closed a $280 million securitization of residential solar loans today. With overwhelming investor interest in Mosaic’s high-quality assets, the offering was multiple times oversubscribed and was placed with over 25 institutional investors,Read More