Tag: financing
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Swell Energy virtual power plant deal with Hawaiian Electric approved by PUC
The Hawaii Public Utilities Commission (PUC) approved Swell Energy‘s $25 million contract with Hawaiian Electric for the delivery of various grid services through an aggregated “virtual power plant” (VPP) on three islands. Swell Energy, a California-based energy and smart grid solutions provider, will deploy behind-the-meter solar-powered home batteries to approximately 6,000Read More — Solar Builder magazine
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Lightsoure bp secures innovative ‘proxy generation’ PPA for 153-MW Briar Creek solar farm
Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. What’s aRead More — Solar Builder magazine
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STAG Industrial continues nationwide rooftop solar rollout with help from Sherin and Lodgen
Boston law firm Sherin and Lodgen LLP’s Renewable Energy Group represented STAG Industrial, Inc. in connection with rooftop solar leasing for two solar installations – its first in Illinois and fifth in Massachusetts. The projects are part of community solar programs and will provide low-cost renewable energy to local homesRead More — Solar Builder magazine
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CIT leads $69 million financing for 130-MW solar portfolio, owned by Strata Solar
CIT Group Inc.’s Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located in NorthRead More — Solar Builder magazine