Americas

Americas

SolarCity and Bank of America Merrill Lynch Close Approximately $188 Million Financing of Residential Solar Projects

April 9, 2016 Anand Gupta

SolarCity Corporation recently announced it has closed the second financing within its renewable energy tax equity investment program with Bank of America Merrill Lynch and another investor. The program will finance approximately $188 million in solar projects, covering the capital cost of the solar equipment and installation, enabling thousands of homeowners to pay for the power […]

Americas

Enel Starts Construction In The United States Of Its Largest Wind Farm

April 9, 2016 Anand Gupta

Enel S.p.A., through its subsidiary Enel Green Power North America, Inc. (“EGPNA”), has started construction of the Cimarron Bend wind farm in the United States. Once completed, Cimarron Bend will have a total installed capacity of 400 MW and will be Enel’s largest wind farm worldwide.The facility is owned by Cimarron Bend Wind Project, LLC, […]

Americas

SolarCity Just Produced Enough Power to Charge Every Tesla on the Planet

April 9, 2016 Anand Gupta

illionaire entrepreneur Elon Musk should be over the moon right now: The reveal of the Tesla Model 3 TSLA -2.81% at the end of March was a veritable success, while another company he’s involved in, SolarCity SCTY 3.67% , is also doing pretty well for itself. As of March 22, the solar energy company’s customers […]

Americas

Enel Starts Production At Pampa Norte Pv Plant In Chile

April 7, 2016 Anand Gupta

Enel, through its subsidiary Enel Green Power Chile Ltda. (“EGPC”) has completed and connected to the grid the Pampa Norte PV solar plant, which is located 32 kilometres southwest of Taltal in Chile’s Antofagasta Region.The new solar plant has an installed capacity of 79 MW and is able to generate more than 200 GWh per […]

Americas

SolarCity Closes $150 Million Non-Recourse Financing Facility with Credit Suisse for Commercial Solar and Battery Storage

April 7, 2016 Anand Gupta

SolarCity Corporation recently announced it has closed a new $150 million non-recourse financing facility with Credit Suisse to support deployment of commercial solar energy systems—including battery storage systems—for businesses, schools and government organizations across the U.S. The facility will be secured by a portfolio of high quality, long-term commercial systems and contracts. SolarCity commercial systems include […]

Americas

WGL Energy Completes Solar Facility in Delano, California

April 7, 2016 Anand Gupta

WGL Energy Systems, a WGL company recently joined with BayWa r.e. and city officials from Delano, California to celebrate the opening of a 1.12-megawatt direct current (MW DC) photovoltaic solar farm at a ribbon cutting ceremony held near the project site in the city of Delano. The fully installed solar array is designed to power Delano’s […]

Americas

Envision Energy and ViveEnergia Win Contract for 90 MW Wind Farm in Mexico’s First Power Auction

April 7, 2016 Anand Gupta

Energia Renovable de la Peninsula,’ one of the projects held jointly by Envision Energy, the world’s leading smart energy solution provider, and ViveEnergia, a Mexican company developing renewable energy projects, was awarded a long term power purchasing contract with the Mexican Federal Electricity Commission (CFE). The strategic agreement signed in 2015 between Envision and ViveEnergia […]

Americas

EDF Renewable Energy Signs Power Purchase Agreement with a California Utility for 111 MWac Solar Project

April 7, 2016 Anand Gupta

EDF Renewable Energy (EDF RE) announces the signing of a 15-year Power Purchase Agreement with Southern California Edison (SCE). The 111.2 megawatt alternating current (MWac) Valentine Solar Project will deliver clean electricity to SCE beginning in December 2019. Located on approximately 1,260 acres of private land in Kern County’s Mojave Desert, Valentine Solar is adjacent […]

Americas

First Solar, Silicon Ranch Build on Strategic Partnership

April 6, 2016 Anand Gupta

First Solar, Inc. and a subsidiary of Silicon Ranch Corporation have entered into a framework agreement for 231.6 Megawatts (MW) DC of First Solar’s advanced technology thin film modules for use in Silicon Ranch projects to be constructed in 2017 and early 2018. This agreement builds on previous agreements for more than 180MW DC of […]

Americas

The Solar Program announces affiliate network on the East Coast

April 6, 2016 Anand Gupta

The Solar Program, the East coast’s top residential solar sales and marketing group announces an affiliate partnership program in NY and NJ. This recently launched program will allow local solar and home improvement companies, as affiliates, to offer the world’s best solar panels installed directly by the manufacturer. These partnerships simplify the entire process, provide […]