Tag: community solar

  • IRA solar tax credit transfers explained for companies with low (or no) tax liability

    This explainer was contributed by Laura Jones and Jason R. Eisenberg with Hunton Andrews Kurth LLP in Richmond, Va. The Inflation Reduction Act (IRA) significantly altered the landscape for the transferability of energy tax credits. The IRA added Section 6418 to the Internal Revenue Code, which permits eligible taxpayers (transferors) to transfer (sell) certain renewable……

  • SunVest activates 6 MW in community solar projects in DeKalb, Illinois

    SunVest Solar recently celebrated the completion of two new community solar projects in DeKalb, Illinois, officially marking the start of electrical production at the facilities. The DeKalb solar projects totaling 6 MW are two of the earliest projects made possible by Illinois’ Climate and Equitable Jobs Act (CEJA), signed into law in September 2021. “We……

  • Stakeholder groups strike historic agreement to advance large-scale solar development

    A diverse group of stakeholders have come together in the name of major solar projects. In a landmark accord, major solar developers, conservation groups, agricultural organizations, environmental and environmental justice groups, and tribal entities have signed an agreement to advance large-scale U.S. solar development while championing land conservation and supporting local community interests. The agreement is the……

  • Perch Energy raises $30M from Nuveen to accelerate community solar growth

    Perch Energy has secured a $30 million investment from real estate investment management firm Nuveen. This Series B growth investment will support the continued development of Perch’s leading clean energy technology platform, fund expansion into new sales channels, products and community solar markets, scale operations and customer care services, grow management talent and fund strategic……

  • Dollar Tree stores in New York sign on to 41 MW community solar portfolio

    Dollar Tree recently teamed up with DSD Renewables to deploy a community solar portfolio at select Dollar Tree and Family Dollar locations in New York. These seven projects totaling 41.75 MW will help the company meet operational energy demands while supporting solar programs for various local communities and small businesses. The portfolio is estimated to……