Americas

Americas

Solar ITC Extension Would Be ‘Devastating’ for US Wind Market: WoodMac

September 13, 2019 Anand Gupta

The booming U.S. wind industry faces an uncertain future in the 2020s. Few factors are more important than the fate of the solar ITC. An extension of the solar investment tax credit (ITC) at its 30 percent value would be “devastating” to the future U.S. wind market, according to a new Wood Mackenzie report. The […]

Americas

APS Issues RFPs for Solar & Wind Energy Resources

September 13, 2019 Anand Gupta

PHOENIX: Today, Arizona Public Service Co. (APS) issued two separate Requests for Proposals (RFPs) for solar and wind resources. These RFPs were first announced in late July and will help expand the company’s renewable energy portfolio to approximately 2,500 megawatts by 2021 – enough to power more than half a million Arizona homes. The first […]

Americas

174 Power Global Closes Financing for Utility-Scale Solar Power Plant

September 12, 2019 Anand Gupta

Construction Financing Closed for the $210 million 150 Megawatt (MW) first phase of West Texas Solar Power Plant HOUSTON: 174 Power Global today announced the closing of construction financing for the $210 million 150 MW first phase of a solar power plant near Odessa, Texas. Credit Agricole Corporate and Investment Bank and the Korea Development […]

Americas

Idemitsu Kosan: Acquiring the 100 MW Solar Project “Pioneer” in Colorado, U.S.

September 12, 2019 Anand Gupta

— The second addition to our US independent power production portfolio, this project will generate enough electricity to supply 26,000 households with renewable energy — TOKYO: Solar Frontier Americas Inc., a consolidated subsidiary of Idemitsu Kosan Co.,Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director and CEO: Shunichi Kito; hereinafter “Idemitsu”), purchased a megasolar project in the […]

Americas

CIT Leads $140 Million Financing for California Solar Project

September 11, 2019 Anand Gupta

NEW YORK: CIT Group Inc. (NYSE: CIT) today announced its Power and Energy business served as coordinating lead arranger for $140 million in debt financing to support construction of the Lotus Solar Farm, a 67-megawatt solar project in Madera, California. Concurrent with financial close, the project was sold by 8minute Solar Energy to Allianz Global […]

Americas

Solar Frontier Americas Continues Expansion and Acquires 100 MW Solar Project From GCL New Energy, Inc.

September 11, 2019 Anand Gupta

SAN FRANCISCO: Solar Frontier Americas (“SFA”), the US-based renewable energy business of Idemitsu Kosan Company announced that it has continued to grow it’s business as an independent power producer, through the acquisition of a 100 MWDC solar plant from GCL New Energy, Inc., a member of GCL New Energy Holdings Limited. The project is located […]

Americas

8minute Solar Energy and Allianz Global Investors Announce First Major U.S. Acquisition

September 11, 2019 Anand Gupta

Allianz Global Investors Acquires Lotus Solar Farm–a 67 MWp Solar Farm in Madera County, California from 8minute: Acquisition is The First U.S. Solar Project Purchased by the U.S. Infrastructure Equity Team at Allianz Global Investors LOS ANGELES: 8minute Solar Energy (“8minute”), the largest independent solar and storage developer in the U.S., today announced that it […]

Americas

SunPower Design Studio Enables Millions of Future Solar Homeowners to Create Custom Solar Designs Instantly

September 10, 2019 Anand Gupta

New Digital Experience Builds on Company’s Strategic Investment in Software and Machine Learning Technology to Generate Residential Demand SAN JOSE, Calif.: Following the introduction of Instant Design at Google Cloud Next ’19, SunPower (NASDAQ:SPWR) today launched its Design Studio, a web application that combines Instant Design technology, Google Cloud, and Google Sunroof data to deliver customizable home […]

Americas

As Solar Energy Booms In South Carolina, POWERHOME Solar Expands Operations

September 10, 2019 Anand Gupta

Solar Energy Company Creates Jobs, Helps Consumers Save Money, Use Renewable Energy COLUMBIA, S.C.: POWERHOME Solar (POWERHOME) is no stranger to the Palmetto State, having installed solar panels for customers there since 2016. Today, the company announced the opening of an office in the Columbia, S.C., area, located at 2109 Landmark Drive in Cayce, S.C. […]

Bakken Turns Oasis Into Target As Fracking Costs Slide

Americas

Fracking Is the Bridge to Renewable Energy

September 10, 2019 Anand Gupta

Senator Bernie Sanders is leading the charge for a national moratorium on hydraulic fracturing, the process of extracting oil or gas by cracking open subterranean rock. Unfortunately, such a ban would make another of his goals – switching to green energy – harder to achieve. At a recent climate forum, Sanders and fellow Democratic presidential […]