solar

May 20, 2020 — Clean energy software firm Smarter Grid Solutions (SGS) has developed five methods that could double the capacity available for solar panels and other distributed energy resources (DERs) to connect to individual electricity substations. Using the company’s ANM Element software product, utility companies can monitor the amount of power generated by solar […]

Renewable power sources will mark their first annual decline in new additions in 20 years, owing to delays in construction activity, supply chain disruptions, lockdown and social distancing measures, and emerging financing challenges related to the COVID-19 pandemic. Despite this, the sector has showed “impressive” resilience, said the International Energy Agency (IEA) in a new […]

May 19, 2020 (Houston, TX) – ConnectGen LLC (“ConnectGen”) has closed a 14.5-year term loan for its 50% interest in a portfolio of 278 megawatts (MW) of operating solar projects. CoBank ACB (“CoBank”) and Norddeutsche Landesbank (“NORD/LB”) served as Joint Lead Arrangers on the financing. Headquartered in Houston, Texas, ConnectGen develops renewable energy and energy […]

WASHINGTON, D.C. (May 14, 2020) – New Columbia Solar, Washington, D.C.’s leading solar energy independent power producer, announced that the company closed a $40 million tax equity partnership with Franklin Park Infrastructure that will be used to finance DC-based solar projects throughout 2020 and 2021. This investment is the largest known tax equity investment dedicated […]

Four groups analyzing data from the U.S. Dept. of Labor said more than half-a-million jobs in the clean energy sector were lost in March and April due to shutdowns caused by the coronavirus pandemic. The losses, representing about 18% of the industry’s total workforce, were detailed in a report released May 13. The groups said […]

A Nevada installation that would be the largest solar power project in U.S. history was approved by the U.S. Department of the Interior on May 11. The estimated $1 billion, 690-MW Gemini solar photovoltaic electric generating facility is sited on 7,000 acres about 30 miles northeast of Las Vegas. Interior Secretary David L. Bernhardt signed […]

U.S. coal-fired power generation last year was at its lowest level since 1976, according to data released May 11 by the U.S. Energy Information Administration (EIA). The EIA in its latest Short-Term Energy Outlook report said energy from renewable resources could this year for the first time surpass coal-fired generation in the U.S. The agency […]

The growth in renewable energy, along with new forms of power generation not dependent on transmission via the traditional grid, has created new business opportunities for both legacy generators and start-up power producers. BOND, a Massachusetts-based company founded in 1907, is today a fifth-generation construction management and civil and utility general contracting firm, providing services […]

SUMMIT, N.J., April 29, 2020 — Nautilus Solar Energy, LLC (“Nautilus”), a leading owner-operator of distributed generation and community solar projects located throughout North America closed a $90 million debt financing agreement led by National Bank of Canada “NBC” and including Royal Bank of Canada (“RBC”) as lender. The financing consists of a $75 million […]

Remote communities have become testing grounds for innovative power projects. These areas traditionally have been powered by fossil fuel generation, usually diesel fuel or oil and sometimes natural gas, and