Americas

Americas

Elon Musk’s SolarCity Corp. expands into the Charleston market

October 8, 2016 Anand Gupta

The nation’s largest solar energy installer has plugged the Charleston market into its expansion plans. The move by SolarCity Corp. marks its entry into South Carolina. Co-founded by Elon Musk of Tesla Motors, SpaceX and PayPal fame, the company is leasing office and warehouse space in Ladson to house its Palmetto State operations, which will […]

Americas

APS Reaches Major Solar Milestone; Tops Gigawatt of Solar Energy

October 8, 2016 Anand Gupta

This summer, APS surpassed one gigawatt of solar energy capacity, becoming the only utility outside of California to achieve this milestone. When generating at full power, this capacity meets the partial daytime needs of 250,000 Arizona homes. The company’s total investment in solar energy is approximately $2 billion.APS’s solar portfolio is almost an even split […]

Americas

Silfab Solar’s North American PV Module Deliveries Increase

October 7, 2016 Anand Gupta

Silfab Solar, North America’s Number One PV module manufacturer, announced recently a long-term partnership with Auric Solar, a leading solar installer in Utah and Idaho, and distributor Russell Pacific to supply Auric with all-black, high-quality modules and delivery of 15 megawatts over the next few months. The Auric contract is the latest for Silfab, which produces high-quality, […]

Americas

Merrill Farms Partners With Alta Energy to Harvest Solar

October 7, 2016 Anand Gupta

Alta Energy, a renewable energy solutions provider, recently announced the deployment of solar energy for Merrill Farms, a fourth-generation Salinas, California vegetable and berry grower. The solar projects will generate approximately $60,000 per acre of revenue annually and gross energy savings of approximately $12 million over 25 years. In addition, 505 metric tons of carbon dioxide […]

Americas

sPower Secures $786 Million in Capital Commitments for Nine Solar Projects

October 7, 2016 Anand Gupta

sPower, a leading renewable energy provider, announced today the completion of a tax equity investment and syndicated construction and term loan facility totaling $786 million. KeyBanc Capital Markets Inc. acted as Coordinating Lead Arranger for the syndicated debt facility totaling $519 million. KeyBank N.A., CIT Bank N.A., CoBank ACB, Coöperatieve Rabobank U.A., Norddeutsche Landesbank Girozentrale […]

Americas

Xcel Energy, NextEra Energy Resources celebrate commissioning of Roswell and Chaves County Solar Energy Centers

October 7, 2016 Anand Gupta

State and local leaders joined executives from NextEra Energy Resources and Xcel Energy this morning to celebrate the commissioning of New Mexico’s largest solar energy projects – the Roswell and Chaves County Solar Energy Centers. “Solar energy creates solid, high-paying jobs and produces millions of dollars in payments over the life of the project to landowners […]

Americas

Tri-County EMC Commissions Solar Facility for “ourSolar” Program

October 7, 2016 Anand Gupta

Tri-County EMC, a member owned electric co-op, is proud to announce commercial operation of a one megawatt (MW) community solar electricity generation farm in Eatonton, Georgia. The project was developed jointly between Tri-County EMC, Georgia Power and United Renewable Energy LLC. Tri-County EMC provides the low cost solar energy to its participating member-owners as a credit […]

Americas

sPower Secures $786 Million in Capital Commitments for Nine Solar Projects

October 7, 2016 Anand Gupta

sPower, a leading renewable energy provider, announced recently the completion of a tax equity investment and syndicated construction and term loan facility totaling $786 million. KeyBanc Capital Markets Inc. acted as Coordinating Lead Arranger for the syndicated debt facility totaling $519 million. KeyBank N.A., CIT Bank N.A., CoBank ACB, Coöperatieve Rabobank U.A., Norddeutsche Landesbank Girozentrale (Nord/LB), […]

Americas

Xcel Energy, NextEra Energy Resources celebrate commissioning of Roswell and Chaves County Solar Energy Centers

October 7, 2016 Anand Gupta

State and local leaders joined executives from NextEra Energy Resources and Xcel Energy this morning to celebrate the commissioning of New Mexico’s largest solar energy projects – the Roswell and Chaves County Solar Energy Centers.”Solar energy creates solid, high-paying jobs and produces millions of dollars in payments over the life of the project to landowners […]

Americas

Altus Power America Upsizes Capital by more than $200 million with Commitments from Goldman Sachs, Global Atlantic Financial Group and GSO Capital Partners

October 6, 2016 Anand Gupta

Altus Power America Inc., a market leader in solar power project investing, has increased its investment capital by more than $200 million with commitments from the Alternative Energy Investing group at Goldman Sachs, Global Atlantic Financial Group and FS Investments (which is sub-advised by GSO Capital Partners, Blackstone’s credit business).“Altus Power continues to build its […]