Heelstone Obtains Financing for Five Substantial Solar Projects

Heelstone Renewable Energy LLC has closed on financing to fund the construction of three portfolios composed of five utility-scale solar projects, totaling approximately 345 MW DC. All five projects – Lyons Solar, Blackwater Solar, Bird Dog Solar, Hobnail Solar and Wolfskin Solar – are currently under construction and expected to …

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Canadian Solar’s Recurrent Energy Sells Solar Project in Japan

Dr. Shawn Qu Canadian Solar Inc. has sold its 100 MWp Azuma Kofuji solar project located in Japan’s Fukushima prefecture. Mizuho Securities Co. Ltd. facilitated the sale to Japanese investors Canadian Solar expects to recognize the revenue from the transaction in the second quarter of 2023. Recurrent Energy‘s local subsidiary …

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Sunlight Financial, Solar Insure Ease Access to Services

Matt Potere Sunlight Financial Holdings Inc., a technology-enabled point-of-sale finance company, and Solar Insure, a solar monitoring and warranty company, have formed a strategic partnership. The collaboration will enable Sunlight’s installer partners to seamlessly offer homeowners Solar Insure’s 30-year monitoring and solar warranty service for residential solar installations. “Thoughtfully assessing …

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RISE Wins Solar PPA Financing Via Green Bridge, Energy Toolbase Alliance

Matt Cimo Energy Toolbase, a software platform for solar and storage developers, and Green Bridge Energy, an investment and technology platform for clean energy projejcts, have joined forces to provide Northeast-based commercial solar developer RISE with financing for a solar system to power a nonprofit, private college. RISE tapped Green Bridge Energy’s financing solution within …

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Lightsource bp Launches Operation of Solar Farm Outside Indianapolis

Kevin Smith Utility-scale solar developer and manager Lightsource bp, is beginning commercial operation of its 152.5 MW AC/173 MW DC Bellflower Solar project, located about 40 miles east of Indianapolis in Henry and Rush Counties. Lightsource bp developed, financed and will own and operate Bellflower Solar, and it has entered into a virtual power purchase …

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Toyota to Offtake 100 MW from Kentucky Coal Mine Turned Solar Project

David Absher Toyota and renewable energy company Savion have executed a virtual power purchase agreement (VPPA) for the automotive manufacturer to offtake 100 MW of the electricity generated from Savion’s Martin County Solar Project. The project is converting the former Martiki Coal Mine, a brownfield site in Martin County, on the border of Kentucky and …

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