Category: Green & Clean
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Pattern Development completes $205M financing on 122 MW project in Chile
Advancing into the solar power market, Pattern Energy Group LP announced the completion of approximately $205 million in project financing and the start of full construction on its Conejo Solar PV power project in Chile. The 122 MW Conejo Solar PV power project is being constructed approximately 30 kilometers east ofRead More — Solar Builder magazine
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Distributed Sun forms solar tax equity fund for unrated credit off-takers
Distributed Sun announced the formation of sunFIVE, a solar tax equity fund. Managed by DSUN, sunFIVE will invest in commercial and industrial solar assets primarily with unrated credit off-takers. The fund closed its first transaction in July and plans to deploy $50 million in tax equity through Dec. 31, 2016. InRead More — Solar Builder magazine
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Landmark Dividend makes solar land acquisition
Landmark Dividend LLC, a ground lease acquisition company, recently acquired 190 acres in New Jersey, which is currently being leased to a solar energy project. “Landmark Dividend works closely with solar developers and operators to provide custom solutions that are tailored to their needs,” said Alex Stone, Senior Vice President forRead More — Solar Builder magazine
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Ideal Power systems selected by Sonnenbatterie for energy storage solution
Ideal Power Inc., a developer of innovative power conversion technologies, and Sonnenbatterie, Europe’s leading smart energy storage provider, announced that Sonnenbatterie has selected Ideal Power’s power conversion systems, utilizing its award-winning Power Packet Switching Architecture (PPSA), for integration with the commercial Sonnenbatterie system. Sonnenbatterie also has placed initial product ordersRead More — Solar Builder magazine
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SolarCity to acquire large commercial solar developer in Mexico
SolarCity entered into a definitive agreement with and ILIOSSON, S.A. de C.V., for the right to acquire ILIOSS, one of the largest commercial and industrial solar developers in Mexico. Upon close of the acquisition, ILIOSS will operate as an independent business unit of SolarCity. ILIOSS co-founder and Chairman David ArelleRead More — Solar Builder magazine