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Aggressive Growth Continues as Petros PACE Finance Acquires Solar PACE Innovator, Demeter Power Group, and Taps Michael Wallander as SVP of Solar Financing for Petros Energy Solutions

AUSTIN, Texas: Petros PACE Finance, LLC announced today the acquisition of Demeter Power Group Inc., including Demeter’s software and proprietary financing structure. Founded in 2012, Demeter Power Group, Inc.’s goal was bringing scalable financing of solar and distributed energy projects to the commercial & industrial sector. In 2015, Demeter funded its first project with the […]

PowerGuard Launches Groundbreaking Residential Solar Protection Program for Dealers/Installers

SAN FRANCISCO and IRVINE, Calif.: PowerGuard Specialty Insurance Services – a renewable energy program manager based in the United States – announced today the availability of a unique, first of its kind, insured full-system warranty for residential solar installations, including solar panels, wiring/leads and inverters. Available to dealers/installers of residential solar energy systems, the comprehensive PowerGuard warranty program is backed […]

ARPA-E Commits $28 Million to Develop Advanced Floating Offshore Wind Turbines

The Energy Department wants to “develop new and potentially disruptive innovations” in floating offshore wind turbine technology. The U.S. Department of Energy’s innovation arm wants to disrupt floating offshore wind turbine technology. On February 1, the Advanced Research Projects Agency-Energy (ARPA-E) announced it was making available $28 million in funding for research projects to develop […]

Topaz Solar Farms Receives Payment From PG&E for Post-Petition Energy Deliveries

DES MOINES, Iowa: Consistent with the terms of its power purchase agreement with Pacific Gas and Electric Company, Topaz Solar Farms LLC today received full contract payment for January 2019 post-petition energy deliveries to PG&E. As was expected, and pursuant to applicable bankruptcy law, Topaz did not receive payment for its pre-petition January energy deliveries […]

Greenbacker Acquires 21.2 MW of Solar Energy Projects from Clearway Energy Group LLC

NEW YORK: Greenbacker Renewable Energy Company LLC (“the Company”) announced today that, through a wholly-owned subsidiary, it purchased the rights to a 21.2 megawatt (MW) portfolio of six distributed solar projects (“DG Solar Portfolio”) from a subsidiary of Clearway Energy Group LLC (“Clearway”). Clearway was advised by the principals of EOS Capital Advisors LLC. The […]

LONGi will supply 224MW bifacial PERC modules for the largest “bifacial+tracker” project in the United States

SAN FRANCISCO: The largest “bifacial+tracker” power generation project in the United States will be built in Mitchell County, Georgia, with a capacity of 224MW, for which LONGi will supply bifacial PERC modules. The project, which is expected to be completed by the end of 2019, will provide adequate clean electricity to more than 30,000 households, […]