Solar

A well-known chocolate maker has announced two new clean energy partnerships as the company continues to increase its sustainability efforts. The Hershey Co. on April 20 said it has power purchase agreements (PPAs) to take electricity from two solar projects, one in North Carolina and another in Texas. Hershey, like many corporate power customers, has […]

NEW YORK—April 20, 2021—CleanCapital, a leading clean energy investment platform and one of the largest owner-operators of distributed solar assets in the United States, announced today a corporate investment from Manulife Investment Management to grow its portfolio of clean energy assets. Manulife Investment Management’s commitment was sourced for the John Hancock Life Insurance Company (U.S.A.) […]

Arlington, VA (April 14, 2021) – Summit Ridge Energy (SRE) announced today that it has secured a $55 million tax equity commitment from investment manager Foss & Company. The partnership will fund approximately 73 MWdc portfolio of residential and commercial community solar projects across Illinois, Maryland and Maine. “As the leader in the acquisition and […]

The trend of supplying commercial and industrial locations with renewable energy—along with the Tennessee Valley Authority’s (TVA’s) continuing support of investments in power projects that support sustainability—is being recognized at one of the most-iconic distilleries in the U.S. The TVA on April 13 said it has signed a long-term power purchase agreement (PPA) with Nashville-based […]

A New York realty company is providing a model of solar power’s continued growth as it works to complete a project to install solar panels on all the buildings it owns in the borough of Queens. Zara Realty on April 12 told POWER it is “halfway” to completing installation of solar technology on every site […]

Al Jouf, KSA (April 9, 2021) — ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants, today announces the official inauguration of the 300 MW Sakaka PV IPP, KSA’s first utility scale renewable energy project, at an investment value of 1.2 billion Saudi riyals. The ceremony was held […]

CHARLOTTE, N.C. (April 8, 2021) – Wells Fargo has become the latest large energy user to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – building on the solar expansion in North Carolina. Wells Fargo will purchase more than 58 megawatts (MW) of solar capacity from the Blackburn Solar project, […]

Florida is known as “The Sunshine State,” so it’s no surprise that solar energy is growing rampantly across the state. Among the utilities adding solar resources to their energy mixes is Florida Power and Light Co. (FPL). FPL claims to be the largest energy company in the U.S. as measured by retail electricity produced and […]

IRVINE, Calif. (April 7, 2021) — 174 Power Global, a leading solar energy company, today announced that it has entered into a 15-year Power Purchase Agreement (“PPA”) with Black Hills Energy to develop a 200-megawatt (MW) solar power production facility, Turkey Creek Solar in Pueblo County, Colorado. The new, utility-scale solar facility, is expected to […]

A California company has teamed with the U.S. subsidiary of Japan’s largest gas utility to build a major solar power project just outside Houston, Texas. Rosendin, an electrical contractor with its corporate headquarters in San Jose, and Tokyo Gas America are developing the Aktina Renewable Power Project, a 500-MWac/631-MWdc solar farm spanning 4,000 acres in […]