The Kresge Foundation, Clean Energy Group (CEG) and New York City Energy Efficiency Corporation (NYCEEC) announced groundbreaking $3.3 million commitment this week – through a Kresge loan guarantee and connected grants – to accelerate the market development of solar PV plus battery storage (solar+storage) technologies in historically underserved communities. TheRead More

As the lifeblood of a solar company’s operations, your suppliers must be fully reliable, and that means being financially stable and secure. Making sure your suppliers are fully vetted for reliability and financial stability could actually be the most important task undertaken to ensure business success and growth in theRead More

Nonprofit organizations make our communities better. They provide vital services and bridge gaps that business and government cannot. These organizations need electricity to operate, just like the rest of us, and many have implemented or are considering implementation of on-site solar projects. Several financing solutions for nonprofits have proven effectiveRead More

  Through a wholly-owned subsidiary, Greenbacker Renewable Energy Company LLC  signed the rights to purchase a 27.7 MWdc, 14 project solar portfolio from Encore Renewable Energy and closed a $4 million equipment loan facility with Encore to support safe harbor efforts ahead of the investment tax credit (ITC) phasedown scheduledRead More

Newlight Partners LP announced a $150 million investment in Leyline Renewable Capital, a provider of development financing across several renewable energy sectors. Leyline says it plans to identify and provide development-stage debt and equity to support renewable energy projects throughout the United States. To date, the Leyline team has developed, financedRead More

Spain-based renewable energy infrastructure company Acciona signed an agreement with Tenaska to acquire a portfolio of greenfield photovoltaic (PV) solar and energy storage projects in the U.S. The development portfolio comprises approximately 3 GW of utility-scale solar and 1 GW of co-located solar and energy storage. The transaction includes 20Read More

AI-powered solar software provider SenseHawk announced three new applications to SenseHawk Core, its cloud-based platform for solar, at Solar Power International. SenseHawk Core is a completely integrated set of applications to support everything from solar plant design and construction to operation and maintenance. The three new applications are: SenseHawk App forRead More

Pacific Gas and Electric Company (PG&E) sent out call for proposals for renewable energy developers to build new projects for a clean energy program available to PG&E customers. The sites are for PG&E’s Regional Renewable Choice program that will expand renewable energy access by enabling customers to work directly withRead More

Financial services group ORIX USA formed a partnership with IGS Solar (IGS), a turnkey commercial and residential solar provider. Together, ORIX and IGS will develop, acquire and operate a nationwide portfolio of commercial and industrial solar energy generation products across the United States. Committed to growing its renewable energy businessRead More

Investors who would have traditionally turned to oil and gas are quickly turning to investing in large solar farm projects in the U.S., according to Innovative Solar Systems (ISS), which makes sense because of the high returns and the fact that there is no guess work as to which sites willRead More