Solar energy in the United States

PACE Loan Group Hires PACE Expert Bali Kumar as Chief Operating Officer to Continue Expansion

Retrieved on: 
Wednesday, December 23, 2020

MINNEAPOLIS, Dec. 23, 2020 /PRNewswire/ --PACE Loan Group ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Bali Kumar to be PLG's new Chief Operating Officer, effective January 1, 2021.

Key Points: 
  • MINNEAPOLIS, Dec. 23, 2020 /PRNewswire/ --PACE Loan Group ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Bali Kumar to be PLG's new Chief Operating Officer, effective January 1, 2021.
  • Bali will step down as CEO of Lean & Green Michigan, the statewide PACE program administrator in Michigan.
  • PACE Loan Group announces the hiring of Bali Kumar to be PLG's new Chief Operating Officer, effective January 1, 2021.
  • "Bali will help maximize in-house efficiency at PLG, while helping to simplify the PACE process for borrowers.

Solar Energy Partners Joins with The Salvation Army in Support of Local Communities in an Effort to Give Back During the Holidays

Retrieved on: 
Tuesday, December 22, 2020

According to the Solar Energy Industries Association (SEIA), solar companies are in a prime position to help rebuild the American economy quickly and more robustly than ever.

Key Points: 
  • According to the Solar Energy Industries Association (SEIA), solar companies are in a prime position to help rebuild the American economy quickly and more robustly than ever.
  • Solar Energy Partners (SEP) offer homeowners the ability to switch their main power provider to solar energy at rates generally cheaper than what most electrical utilities can provide.
  • With so many impacted by the Coronavirus COVID 19 Pandemic, there has never been a greater necessity for economic relief.
  • With over 20 years of solar experience, Solar Energy Partners was founded by Alex and Clint Williams and Dave Madrid in the spring of 2017.

NY State Solar CEO Reid Garton Inducted to the NYSEIA Board of Directors

Retrieved on: 
Thursday, December 17, 2020

NEW YORK, Dec. 17, 2020 /PRNewswire/ -- NY State Solar is pleased to announce its CEO Reid Garton has been inducted to the NYSEIA board of directors and will sit on the board for its standard three-year term.

Key Points: 
  • NEW YORK, Dec. 17, 2020 /PRNewswire/ -- NY State Solar is pleased to announce its CEO Reid Garton has been inducted to the NYSEIA board of directors and will sit on the board for its standard three-year term.
  • One of NYSEIA's primary goals is to participate in and affect public policy to positively impact the solar industry.
  • "I'm excited to join the board of NYSEIA and apply my extensive solar industry experience and local knowledge to advancing our industry objectives in New York," said Reid Garton, CEO of NY State Solar.
  • Founded in 1994, New York Solar Energy Industries Association (NYSEIA) is a trade association representing over 125 solar energy firms in New York and is dedicated to advancing solar energy use and deployment across the state.

CounterpointeSRE Meets Need for New Construction Funding With $2.8 Million in C-PACE Financing for Assisted Living and Memory Care Development in Houston, TX

Retrieved on: 
Tuesday, December 15, 2020

The facility will include 74 assisted living units, 22 memory care units, and 12 independent living cottages, providing local access to quality senior housing and care in the Copperfield area.

Key Points: 
  • The facility will include 74 assisted living units, 22 memory care units, and 12 independent living cottages, providing local access to quality senior housing and care in the Copperfield area.
  • The PACE financing supports planned energy-saving measures including building envelope, interior and exterior LED lighting, HVAC and domestic hot water, as well aslow-flow fixtures.
  • "The PACE program funding from CounterpointeSRE aligns well with our goals for this development," stated Nick Craig, a partner at StoneCreek.
  • Counterpointe Sustainable Real Estate (CounterpointeSRE) is a leading commercial real estate finance provider specializing in sustainable infrastructure improvements through PACE financing.

United Cooperative Services, Navisun and TurningPoint Energy Announce 10 MW Community Solar Project Underway in Texas

Retrieved on: 
Wednesday, December 9, 2020

BURLESON, Texas, Dec. 9, 2020 /PRNewswire/ --United Cooperative Services (United), Navisun, and TurningPoint Energy (TPE) announced today the commencement of construction of the Erath Solar project in Erath, County, TX.

Key Points: 
  • BURLESON, Texas, Dec. 9, 2020 /PRNewswire/ --United Cooperative Services (United), Navisun, and TurningPoint Energy (TPE) announced today the commencement of construction of the Erath Solar project in Erath, County, TX.
  • The Erath Solar project will provide United's members the opportunity to purchase renewable energy through its community solar program, United Community Solar .
  • "TurningPoint Energy is excited to deliver on a second community solar project for United and support its customers' energy needs with sustainable energy," said Jared Schoch, President of TurningPoint Energy.
  • United Cooperative Services Media Contact:
    TurningPoint Energy is a clean energy development, advisory and investment company with solar development projects underway throughout the United States.

SunShare and Family-Owned Farm Team Up to Harvest the Sun, Create Legacy

Retrieved on: 
Tuesday, December 8, 2020

The property located near Longmont, Colorado, is situated on dry, rocky soil that is challenging to farm and referred to as dry-land farming.

Key Points: 
  • The property located near Longmont, Colorado, is situated on dry, rocky soil that is challenging to farm and referred to as dry-land farming.
  • I was actually looking into solar potential when SunShare contacted me about a community solar garden, says Graham Carr.
  • Community solar is a solar farm, not owned by the utility company, that provides electricity through the existing power grid.
  • SunShare was very concerned that I achieve what I wanted to get out of the land, says Graham Carr.

SunRaise Investments Announces New Community Solar Garden to Go Live in Early 2021

Retrieved on: 
Wednesday, November 18, 2020

AUGUSTA, Maine, Nov. 18, 2020 /PRNewswire/ -- SunRaise Investments , a leading New England solar developer, announced today its latest community solar garden which is currently being developed in Baldwin, Maine is ahead of schedule and will begin operation in early 2021.

Key Points: 
  • AUGUSTA, Maine, Nov. 18, 2020 /PRNewswire/ -- SunRaise Investments , a leading New England solar developer, announced today its latest community solar garden which is currently being developed in Baldwin, Maine is ahead of schedule and will begin operation in early 2021.
  • SunRaise Investments leveraged the degraded land designation to build a 20-acre community solar garden.
  • Community solar allows solar developers to offer solar energy credits from solar gardens to any Mainer who pays an electricity bill.
  • SunRaise is a New England-based commercial and community solar energy owner, operator, and development group, specializing in partnering with municipalities, schools, and community members to finance solar energy projects that reduce customers' electricity costs.

Nexamp Powers Up Illinois Community Solar Portfolio

Retrieved on: 
Tuesday, November 17, 2020

It is among the first community solar projects to reach operation under the recent Illinois solar programs established by the Future Energy Jobs Act.

Key Points: 
  • It is among the first community solar projects to reach operation under the recent Illinois solar programs established by the Future Energy Jobs Act.
  • The company partnered with Borrego, a leading community solar developer, to acquire the project and add to its rapidly expanding community solar platform.
  • Nexamp community solar subscribers in Illinois enjoy a fixed 20 percent discount rate on the bill credits they receive from their portion of the community solar farm.
  • Nexamp also is developing several projects as part of the Illinois Solar for All program, which specifically serves qualified low- and moderate-income households.

Petros PACE Finance Welcomes Michael Yaki as SVP and Senior Counsel - Policy and Programs

Retrieved on: 
Wednesday, November 11, 2020

AUSTIN, Texas, Nov. 11, 2020 /PRNewswire/ -- Petros PACE Finance, ( www.petros-pace.com ), the industry leader of Commercial PACE financing, announced that Michael Yaki has joined the company as Senior Vice President and Senior Counsel of Policy and Programs.

Key Points: 
  • AUSTIN, Texas, Nov. 11, 2020 /PRNewswire/ -- Petros PACE Finance, ( www.petros-pace.com ), the industry leader of Commercial PACE financing, announced that Michael Yaki has joined the company as Senior Vice President and Senior Counsel of Policy and Programs.
  • In his new position, Mr. Yaki will engage in the establishment and maintenance of C-PACE programs across the country.
  • "Michael's policy background plus his experience with C-PACE programs will be an extremely beneficial add to Petros, as we navigate the growth in the market," said Mansoor Ghori, CEO and Co-founder at Petros PACE Finance.
  • For years, Mr. Yaki's law and policy expertise has driven new market creation and PACE innovation across the country.

Pivot Energy Announces Substantial Community Solar Subscription to Serve Colorado Healthcare Facilities

Retrieved on: 
Tuesday, November 10, 2020

DENVER, Nov. 10, 2020 /PRNewswire-PRWeb/ -- Pivot Energy , Colorado's leading community solar developer and national solar provider, announced today it has entered into an agreement with Banner Health for a 5.9-megawatt community solar subscription the single largest community solar commitment the company has secured to-date.

Key Points: 
  • DENVER, Nov. 10, 2020 /PRNewswire-PRWeb/ -- Pivot Energy , Colorado's leading community solar developer and national solar provider, announced today it has entered into an agreement with Banner Health for a 5.9-megawatt community solar subscription the single largest community solar commitment the company has secured to-date.
  • The subscription represents Pivot's first community solar offering within the healthcare industry, expanding the company's growing portfolio of industries it serves with clean and emission-free solar energy.
  • The subscription is equivalent to 100% of the total energy consumption of eight healthcare facilities located across Colorado.
  • The subscription will be fulfilled from multiple community solar gardens located across Colorado, thanks in part to recent changes to the state's community solar program rules and to Xcel Energy's Solar*Rewards Community program.