Solar energy in California

CIT Leads $225 Million Letter of Credit Facility for 8minute Solar Energy to Support Its Renewable Energy Development Projects

Retrieved on: 
Monday, June 1, 2020

NEW YORK, June 1, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy (8minute), a leading developer of renewable energy projects nationwide.

Key Points: 
  • NEW YORK, June 1, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy (8minute), a leading developer of renewable energy projects nationwide.
  • "CIT has again demonstrated its agility and industry expertise to arrange this financing and advance the deployment of our large-scale solar and energy storage projects."
  • "With this transaction, CIT has now led financings on behalf of 8minute Solar totaling nearly $570 million for solar projects capable of generating 267 megawatts of renewable power.
  • 8minute Solar Energy (8minute) is the largest privately-held developer of solar PV and storage projects in the United States.

Geronimo Energy and Big Rivers Electric Corporation Announce Power Purchase Agreement for 160 MW MISO Kentucky Solar Project

Retrieved on: 
Thursday, May 28, 2020

MINNEAPOLIS, May 28, 2020 /PRNewswire/ -- Geronimo Energy (Geronimo), a National Grid company, and Big Rivers Electric Corporation (Big Rivers) announced today the execution of a Power Purchase Agreement (PPA) for the Unbridled Solar Project (Unbridled Solar) in Henderson and Webster Counties, Kentucky.

Key Points: 
  • MINNEAPOLIS, May 28, 2020 /PRNewswire/ -- Geronimo Energy (Geronimo), a National Grid company, and Big Rivers Electric Corporation (Big Rivers) announced today the execution of a Power Purchase Agreement (PPA) for the Unbridled Solar Project (Unbridled Solar) in Henderson and Webster Counties, Kentucky.
  • Unbridled Solar is a 160 megawatt (MW) clean solar energy project located in the Midcontinent Independent System Operator (MISO) market.
  • "Geronimo Energy has a long-term commitment to the State of Kentucky," stated David Reamer, President for Geronimo Energy.
  • Big Rivers Electric Corporation is an electric generation and transmission cooperative headquartered in Henderson, Kentucky and owned by three distribution cooperative membersJackson Purchase Energy Corporation, headquartered in Paducah; Kenergy Corp, headquartered in Henderson; and Meade County Rural Electric Cooperative Corporation, headquartered in Brandenburg.

All Energy Solar Is Back on Top (Of Roofs), Installing Panels to Meet Solar Demand

Retrieved on: 
Wednesday, May 27, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200527005790/en/
    All Energy Solar has gone back to work installing and maintaining solar systems for residential and commercial properties in Minnesota, Wisconsin, Massachusetts, New Hampshire, Iowa and New York.
  • Once solar was deemed an essential service, All Energy Solar wasted no time getting our crews trained in on new safety procedures and back to work, says Michael Allen, president and co-owner of All Energy Solar.
  • We recommend anyone looking at clean energy solutions contact a reputable, local solar installer like All Energy Solar for advice.
  • All Energy Solar provides a full-service solar energy integration experience for residential, commercial, agricultural, and government customers looking to make the transition to solar energy.

C2 Energy Capital Completes Community Solar Projects in New York Expanding Locals Access to Lower-Cost, Renewable Energy

Retrieved on: 
Wednesday, May 27, 2020

NEW YORK, May 27, 2020 /PRNewswire/ --C2 Energy Capital LLC, a rapidly growing investor and developer in renewable energy and storage assets, announced the completion of two community solar projects totaling 5.5 megawatts.

Key Points: 
  • NEW YORK, May 27, 2020 /PRNewswire/ --C2 Energy Capital LLC, a rapidly growing investor and developer in renewable energy and storage assets, announced the completion of two community solar projects totaling 5.5 megawatts.
  • Located in the towns of Johnstown and Caledonia, New York, the solar power generation systems are owned and operated by C2 Energy Capital.
  • Community solar projects are designed to provide solar access to residents and businesses who may not own property or have ideal roof conditions to support solar panels.
  • "C2 Energy Capital is proud to announce that these community solar projects are contributing to the state-wide initiative of 6 gigawatts of distributed solar by 2025," said Candice Michalowicz, co-founder and managing member of C2 Energy Capital.

PosiGen Hires New Executive Vice-President of Operations

Retrieved on: 
Tuesday, May 26, 2020

NEW ORLEANS, May 26, 2020 /PRNewswire/ -- PosiGen, the nation's leading provider of renewable energy and energy efficiency solutions for low-to-moderate income homeowners, is proud to announce the addition of Brett Gonce as its new Executive Vice-President of Operations.

Key Points: 
  • NEW ORLEANS, May 26, 2020 /PRNewswire/ -- PosiGen, the nation's leading provider of renewable energy and energy efficiency solutions for low-to-moderate income homeowners, is proud to announce the addition of Brett Gonce as its new Executive Vice-President of Operations.
  • Brett comes to PosiGen from the Northwest and most recently California, and brings more than a decade of experience in the construction and solar industries.
  • He spent the past 11 years in solar sales, operations and customer management, making him a dynamic player in this ever-evolving industry.
  • Headquartered in New Orleans, LA, PosiGen is one of the nation's leading residential solar, energy efficiency and energy education providers for low-to-moderate income families.

Colorado and Nevada Residents Can Now Power Through With Sunrun’s Brightbox Rechargeable Solar Battery System

Retrieved on: 
Tuesday, May 26, 2020

SAN FRANCISCO, May 26, 2020 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq:RUN), the nations leading home solar, battery storage and energy services company, today announced it is introducing its Brightbox rechargeable solar battery system to Colorado and Nevada.

Key Points: 
  • SAN FRANCISCO, May 26, 2020 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq:RUN), the nations leading home solar, battery storage and energy services company, today announced it is introducing its Brightbox rechargeable solar battery system to Colorado and Nevada.
  • Our Brightbox rechargeable solar battery system helps households keep the lights on and better manage energy costs.
  • Were excited to bring Brightbox to Colorado and Nevada to help even more households take control of their home energy.
  • Clean energy produced from rooftop solar panels is stored in Sunruns Brightbox battery throughout the day.

Enphase Energy Collaborates with University of Washington for 100% Renewables Grid

Retrieved on: 
Tuesday, May 26, 2020

The test array is equipped with Enphase microinverters featuring the Companys custom ASIC, which powers the software-defined architecture that allows Enphase to reprogram a test fleet of microinverters with control architectures and algorithms developed by the University of Washington.

Key Points: 
  • The test array is equipped with Enphase microinverters featuring the Companys custom ASIC, which powers the software-defined architecture that allows Enphase to reprogram a test fleet of microinverters with control architectures and algorithms developed by the University of Washington.
  • Enphase Ensemble energy management technology is capable of powering traditional grid-tied, grid-agnostic microgrid, and fully off-grid energy products.
  • Enphase Energy, a global energy technology company, delivers smart, easy-to-use solutions that manage solar generation, storage and communication on one intelligent platform.
  • Enphase Energy, the Enphase logo, Ensemble, Enphase IQ, Encharge, Combiner, Enpower, Enlighten, IQ 6, IQ 7, and other trademarks or service names are the trademarks of Enphase Energy, Inc. Other names are for informational purposes and may be trademarks of their respective owners.

SunPower Announces Exclusive $1,000 Rebate for Veterans and Active Duty Military

Retrieved on: 
Thursday, May 21, 2020

SAN JOSE, Calif., May 21, 2020 /PRNewswire/ --In honor of Memorial Day, SunPower (NASDAQ:SPWR) is now offering an ongoing exclusive $1,000 home solar VISA Reward Card Rebate for veterans and active duty military.

Key Points: 
  • SAN JOSE, Calif., May 21, 2020 /PRNewswire/ --In honor of Memorial Day, SunPower (NASDAQ:SPWR) is now offering an ongoing exclusive $1,000 home solar VISA Reward Card Rebate for veterans and active duty military.
  • The veteran rebate program is a way to continue the company's longstanding military support by extending an exclusive offer through its industry-leading residential business.
  • Homeowners have multiple ways to quickly and easily learn about SunPower solar through innovative digital options without leaving the comfort of their homes.
  • SUNPOWER, the SUNPOWER logo and SUNPOWER EQUINOX are registered trademarks of SunPower Corporation in the U.S. and other countries as well.

MC Squared Energy Services Announces Additional Community Solar Project as Exclusive Subscription Manager

Retrieved on: 
Tuesday, May 19, 2020

MC2 announces additional community solar site located in Will County, Illinois

Key Points: 
  • MC2 announces additional community solar site located in Will County, Illinois
    Company to serve as exclusive subscription manager for Dukane Community Solar, bringing subscribers, both residential and small commercial, to the project
    CHICAGO, May 19, 2020 (GLOBE NEWSWIRE) -- MC Squared Energy Services, LLC (MC2), announces an additional community solar project in Will County, Illinois.
  • MC2 will serve as the official subscription manager for Dukane Precasts Community Solar Project, bringing subscribers, both residential and small commercial, to the over 1,600 kW project, as well as managing all billing and customer care functions.
  • MC2 was the first retail electric supplier in the state of Illinois to fully subscribe a community solar project.
  • About MC Squared Energy Services, LLC
    Established in 2008, MC Squared Energy Services, LLC (MC2) is a certified, retail electric-service provider headquartered in Chicago.

AVANA Capital and SolRiver Close Construction Financing for Six Solar Projects

Retrieved on: 
Monday, May 18, 2020

SolRiver Capital LLC (SolRiver), a solar investment fund that acquires and owns distributed generation and utility scale projects, announced today it has closed on $30 million of construction financing with AVANA Capital (AVANA), a leader in commercial and renewable energy lending.

Key Points: 
  • SolRiver Capital LLC (SolRiver), a solar investment fund that acquires and owns distributed generation and utility scale projects, announced today it has closed on $30 million of construction financing with AVANA Capital (AVANA), a leader in commercial and renewable energy lending.
  • Since 2017, SolRiver and AVANA Capital have acted as financing partners on 11 projects, helping to grow the clean energy revolution.
  • Sanat Patel, Co-Founder at AVANA Capital, said, We are proud of our existing relationship with SolRiver and we look forward to completing this portfolio of projects.
  • SolRiver Capital is a solar investment fund dedicated to financing the development, construction, and acquisition of distributed generation (DG), C&I, and utility scale projects.