Category: Solar Power & Energy
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OneRoof Energy agrees to $3 million loan transaction
OneRoof Energy, a residential solar services provider, has agreed to financing in the total principal amount of $3 million with OneRoof Energy Group. OneRoof Energy is a wholly owned subsidiary of the Group. The $3 million consists of secured non-convertible notes issued to Black Coral Capital, a current investor inRead More — Solar Builder magazine
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Blue Raven Solar secures investment from Peterson Partners
Blue Raven Solar has secured a significant investment from Peterson Partners, a Salt Lake City-based investment firm. The funding will enable Blue Raven to build out infrastructure as it continues its rapid nationwide growth. “Blue Raven’s mission is to provide clean energy solutions to residential customers and make it theRead More — Solar Builder magazine
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San Diego utility says it will fill existing solar rooftop program by summer 2016
More than 20 years ago now, California lawmakers established economic incentives that were meant to spur the installation of rooftop solar in the state and promote clean energy. At the same time, the state established a limit for how much electricity could be generated within the program rules. The thinking thenRead More — Solar Builder magazine
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Ideal Power sees Asian demand for new grid-resilient power conversion system
Ideal Power Inc. received initial purchase orders from two separate customers for multiple units each of its Grid Resilient 125-kW Power Conversion Systems that use the company’s patented Power Packet Switching Architecture (PPSA). The systems will be incorporated into energy storage projects in Japan and China and represent the company’s firstRead More — Solar Builder magazine
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Applied Energy Technologies selected for 3.5-MW New Jersey rooftop install
Applied Energy Technologies (AET) was selected by Pro-Tech Energy Solutions to provide its Rayport-B ECO solar racking system for one of the nation’s largest rooftop solar installations. The project is installed on a distribution warehouse and the corporate headquarters for AC Moore arts and crafts stores. The 11,232 panels, suppliedRead More — Solar Builder magazine