Tag: Development
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New Jersey extends Solar 4 All program (will invest $80 million in brownfield, landfill projects)
The New Jersey Board of Public Utilities (BPU) has approved an extension to PSE&G’s Solar 4 All program. The approval authorizes PSE&G to invest up to $80 million over the next three years to build an additional 33 MWdc of solar farms on landfills and brownfields in PSE&G’s electric service territory.Read More — Solar Builder magazine
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New distributed generation fund launched by Empower Energies, WGL Energy Systems
Empower Energies and WGL Energy Systems, which operates distributed generation systems in 19 states and the District of Columbia, have launched a Distributed Generation Fund for PV solar projects, together with a leading global strategic tax equity investor. With a two-year funding commitment, Empower and WGL Energy Systems plan to originate,Read More — Solar Builder magazine
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Open Energy closes $1.6 million loan to fund offsite solar development in New York
Open Energy, a provider of debt financing solutions for commercial solar projects, has announced the closing of a loan totaling $1.6 million to an affiliate of EnterSolar, a provider of solar photovoltaic solutions to the commercial marketplace. The loan provides project financing for an offsite, ground mount solar installation thatRead More — Solar Builder magazine
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Shipping Container Apartment Complex Goes up in Texas
Development Strategies, Inc and Alamo Architects, of Austin, TX, are the two firms behind the shipping container apartment complex, which was recently completed in Encinal, TX. The complex will consist of seven apartments made out of shipping containers. The apartments will be highly energy-efficient and also affordable. Judging from the images, not much will be…
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Innovative Solar Systems looking for investors to expand
One of the largest developers of utility scale solar farm projects in the United States, Innovative Solar Systems LLC, is seeking to raise capital to expand operations. ISS has a portfolio of projects that total over 2 GW and has plans to increase its portfolio to over 5 GW by 2018.Read More — Solar Builder magazine