Credit: Biswarup Ganguly Advanced Power has purchased renewable energy investment tax credits, made available through the development of rooftop solar facilities offered for sale by a third party. The Inflation Reduction Act made the purchase possible, says the company, through Section 6418 of the Internal Revenue Code, which allows for …
Advanced Power Announces Investment Tax Credit Purchase Read More »
Credit: U.S. Department of Agriculture Altus Power has closed on a secured credit facility with a principal loan amount of $100 million by an affiliate of Goldman Sachs Asset Management and CPPIB Credit Investments III, a subsidiary of Canada Pension Plan Investment Board. The company plans to use facility proceeds …
Altus Power Announces Financing from Goldman Sachs and CPP Investments Read More »
Credit: ESO CIP’s Energy Transition Fund I has obtained full ownership of Soltec’s Danish early-stage PV portfolio, with the intention of developing these assets to provide electricity for ETF I’s Danish Power-to-X projects. The portfolio consists of development projects scattered across Denmark with a combined potential installed capacity of approximately …
Copenhagen Infrastructure Partners Acquires Soltec Danish PV Portfolio Read More »
Credit: NAVFAC SinglePoint subsidiary Boston Solar has partnered with Energizer Solar to launch the collaboration’s home battery solution in the North American market. Previously introduced to the Australia, Germany and U.K. markets, the collaboration provides multiple solar products and will enable Boston Solar to provide energy storage systems to their …
SinglePoint, Energizer Solar Collaborate to Release North America Home Battery Read More »
Alliant Energy has completed six new solar projects in Wisconsin, adding 514 MW of energy to the company’s generation capacity. “Completing these projects is a huge milestone and a pivotal moment in our journey toward a brighter energy future,” says David de Leon, Alliant Energy’s Wisconsin president. “We’re proud to …
Credit: Oregon Department of Transportation Waaree Energies has announced plans to establish its first U.S. manufacturing facility, in the Houston area. Located in Brookshire, the facility will have an initial capacity of 3 GW of solar modules annually by the end of next year, says the company. Waaree plans to …
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Credit: Fernando Tomás First Solar has entered into two separate tax credit transfer agreements to sell $500M and up to $200M of 2023 Inflation Reduction Act Advanced Manufacturing Production tax credits to Fiserv, subject to satisfaction of certain conditions. Under the terms of the agreements, Fiserv will pay $0.96 per …
First Solar Enters Tax Credit Transfer Agreements With Fiserv Read More »
MPC Caribbean Clean Energy Fund has financially closed Phase II of Monte Plata solar park in the Dominican Republic. The Phase II attracted a project finance loan from Dutch development finance institution FMO, Panamanian financial institution and asset manager CIFI and the CIFI Sustainable Infrastructure Debt Fund. MPC Caribbean Clean Energy Fund (the investment arm …
MPC Closes Phase II of Monte Plata Solar Park Financing Read More »
Credit: ChristofferRiemer The Michigan Public Service Commission (MPSC) has approved the plan by Indiana Michigan Power (I&M) to build its largest solar farm to date. I&M will own and operate the Lake Trout solar plant near Montpelier, Ind., which will be connected to the power grid serving both Michigan and …
MPSC Approves I&M Plan for Lake Trout Solar Plant Read More »
Credit: CGP Grey American Electric Power (AEP) has agreed to sell its 50% interest in New Mexico Renewable Development (NMRD) to Exus North America. AEP and PNM Resources, which also owns 50% of NMRD, plan to sell the portfolio of 15 solar projects totaling 625 MW to Exus for approximately …
AEP to Sell Interest in New Mexico Renewable Development to Exus Read More »
