Tag: financing
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New Jersey gives $7.2 million tax credit to keep Momentum Solar in state
One of the fastest-growing solar companies in the nation is relocating its New Jersey headquarters to accommodate its 2018 expansion plans. Momentum Solar, based in Metuchen, is maintaining its operations in the Garden State after receiving a performance-based Grow New Jersey tax credit worth up to $7.2 million over 10Read More — Solar Builder magazine
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Drive more commercial solar projects with these new documents from SEIA
Commercial solar has a ton of potential, and the Solar Energy Industries Association (SEIA) wants to make that potential clearer for customers and investors, today making two documents available to spur investment. The first document is a contract that combines the benefits of a Power Purchase Agreement (PPA) with PropertyRead More — Solar Builder magazine
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Solar Frontier sells 66-MW solar project to X-Elio
Solar Frontier Americas Development, a U.S. solar developer and subsidiary of the world’s largest CIS solar energy solutions provider, Solar Frontier, completed the sale of its Midway I solar project to X-Elio, a global developer and operator of solar plants headquartered in Spain. X-Elio became the solar development vehicle ofRead More — Solar Builder magazine
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Here’s the results of Sunwealth’s 2017 Solar Impact Fund
Sunwealth, a clean energy investment firm headquartered in Somerville, Mass., announced the closing of its 2017 Solar Impact Fund. The Solar Impact Fund financed and manages 15 projects, some with multiple installations, throughout New York and New England. Projects within the Fund provide clean energy to LEED certified office buildings, not-for-profit organizations,Read More — Solar Builder magazine
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Fifth largest public transit system in the country signs 45-MW power purchase agreement
Recurrent Energy LLC, a wholly-owned subsidiary of Canadian Solar, signed a 20-year power purchase agreement for 45 MWac of solar power with Bay Area Rapid Transit (BART), the fifth largest public transit network in the country and one of the largest consumers of electric power in Northern California. The BARTRead More — Solar Builder magazine