Commercial solar developer MassAmerican Energy LLC, announced a $20 million fund in partnership with PeoplesBank of Holyoke, Mass. The funds will be used to support the construction of 17 commercial rooftop solar arrays. This innovative commercial solar model allows building owners to remain free of the ownership and operational responsibilities of solarRead More

CIT Group Inc. announced that its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66-megawatt portfolio of community solar projects. The financing was arranged on behalf of Clearway Energy Group, one of the largest developers and operators of clean energy generation facilitiesRead More

Distributed Solar Development has acquired a four-project, 3.9 megawatt community solar portfolio in Massachusetts. The four projects are currently under construction and will be among the first Massachusetts SMART program rooftop projects to reach commercial operation, which is expected later this year. “Massachusetts’ growing community solar program demonstrates how statesRead More

The Coalition for Community Solar Access (CCSA) released a comprehensive analysis revealing how new clean energy regulations in Massachusetts would have the unintended consequence of canceling nearly 80 solar energy projects at a time when COVID-19 is already causing long-lasting harm to many sectors of the local economy. Last summer,Read More

The Massachusetts Department of Energy Resources (DOER) released emergency regulations that expand and update the Solar Massachusetts Renewable Target Program (SMART), the state’s main incentive program for solar. The expansion will help drive enough solar to power the equivalent of more than 250,000 homes. “Amidst the COVID-19 crisis, the Baker-PolitoRead More

Bartlett’s Farm is widely known as the oldest and largest family-owned farm on Nantucket Island in Massachusetts. Seven generations of Bartlett’s have been farming the same land since William Bartlett arrived on Nantucket in the early 1800’s. Bartlett’s Farm Market is synonymous with quality and variety in all that isRead More

CVE North America and AVANA Capital closed construction financing totaling $57 million for a 31.3 MW portfolio of six solar PV plants in Massachusetts, which qualified for the state’s SMART program. Principals of the NextPower Capital team served as Financial Advisor to CVE on the transaction. CVE North America isRead More

During Solar Power International last week, the Massachusetts Department of Public Utilities (DPU) issued an Order approving compensation for owners of new solar projects under the Commonwealth’s Solar Massachusetts Renewable Target (SMART) program. The approval is the final regulatory step in launching the program that is required by bi-partisan legislationRead More

Massachusetts lawmakers passed An Act to Advance Clean Energy yesterday that will pretty much do what it says, with one really important victory for the solar industry, and one potential setback. The victory was a call for Eversource to revise the demand charge it tried to impose (this was theRead More

The Massachusetts solar industry was thrown a life preserver from the state Senate, which passed SB 2545 yesterday. Not only does the bill raise the state’s Renewable Portfolio Standard (RPS) it also contains two provisions critical for the continued growth of the industry in the state. First, it proposes aRead More