Solar

Imerys Partners with TotalEnergies for Solar+Storage System

Eric Potts Imerys, a supplier of mineral-based specialty solutions, is collaborating with TotalEnergies to install a large-scale solar power system paired with battery energy storage at its Lompoc facility in Santa Barbara County, Calif., as part of a long-term energy services contract. TotalEnergies will install, maintain and operate an approximately 15 MW DC ground-mounted solar …

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Matrix Renewables Completes First U.S. Project

Cindy Tindell Matrix Renewables, the TPG Rise-backed global renewable energy platform, has completed the construction and financing of the Gaskell West 2 and 3 projects, located in Kern County, Calif. The projects include 143 MW DC of solar energy plus an 80 MWh energy-storage system and are fully contracted, holding five long-term power purchase agreements …

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Hail Detection Technology Offers Advanced Information About Weather Threats

Indji Systems, a California-based software company, has introduced its Indji Watch platform to the solar market. Indji Watch is a hail detection technology that equips the industry with the capability to anticipate hail events, implement effective defensive measures and safeguard their investments. With the solar industry experiencing a significant surge …

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Recurrent Energy Signs VPPA for Liberty Solar Project in Texas

Dr. Shawn Qu Recurrent Energy LLC, a wholly owned subsidiary of Canadian Solar Inc., has signed an aggregated virtual power purchase agreement with EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk Inc. and a large healthcare company for 100% of the production capacity of the Liberty Solar project. Recurrent Energy is currently developing the 100 MW …

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First Solar’s Acquisition of European Company Speeds Development of PV Technology

Mark Widmar First Solar Inc. has acquired Evolar AB, a Swedish company specializing in perovskite technology, adding to its advances in thin-film photovoltaics. The purchase price is approximately $38 million paid at closing and up to an additional $42 million to be paid subject to certain technical milestones being achieved in the future.  The acquisition …

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IRS Issues Guidelines for U.S.-Based Manufacturing Domestic Content Bonus

Janet Yellen The U.S. Department of the Treasury and Internal Revenue Service (IRS) have released guidance that provides detailed information about the domestic content bonus under the Inflation Reduction Act for clean energy projects and facilities that meet American manufacturing and sourcing requirements. “The domestic content bonus under the Inflation Reduction Act will boost American …

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SolarReviews Survey Finds Installers Bullish on Prospects for 2023

Andrew Sendy According to SolarReviews’ 2022 Solar Industry Survey, the market continues to show signs of strong growth, with 63% of residential installers reporting increased demand in 2022, and 73% expecting to sell more solar in 2023. “This survey provides essential data about how the industry has dealt with the …

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Expanded Credit Facility Helps Fuel Growth for FirstLight

Chris Hurley FirstLight Power, a clean power producer, developer and energy storage company, recently completed the expansion of its corporate credit facility led by Royal Bank of Canada, the Toronto-Dominion Bank and Export Development Canada. The credit facility, totaling $97.5 million, provides the company with more resources for long-term growth …

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