Tag: financing
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Soltage closes first round on massive 100-MW solar portfolio across five states
Soltage LLC closed a first round of investment in a 38 project, 100-megawatt (MW) solar project portfolio located in five states across the East Coast and the Southeast. The portfolio includes a large asset acquisition from project developer, Southern Current, alongside other Soltage-developed projects, and is a follow-on investment underRead More — Solar Builder magazine
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Key Equipment Finance funds Massachusetts community solar projects (3.75 MW)
Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp, is providing a $7.8 million tax lease and a $1.9 million term loan to Radnor, Pa.-based Community Energy, Inc., a provider of utility-scale wind and solar projects, for community solar projects in MassachusettsRead More — Solar Builder magazine
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Duke Energy launches plan to own, operate non-residential solar sites in North Carolina
Duke Energy is jumping into the non-residential solar business. The company recently filed to be a certified solar lessor with the North Carolina Utilities Commission (NCUC) and plans to build, own and operate on-site solar facilities. DECER is not financially supported by either Duke Energy Carolinas or Duke Energy Progress,Read More — Solar Builder magazine
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GlobalData: U.S. solar developers to benefit from China’s solar subsidy cuts
The move by China in May this year to slash subsidies for domestic utility-scale solar projects will ultimately benefit developers in the United States that rely on imported solar panels, resulting in revived projects that stalled out in 2018 and more jobs, says data and analytics company GlobalData. We knowRead More — Solar Builder magazine
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Walmart to install SunPower solar systems at 21 locations in Illinois
Walmart announced that it has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores and two distribution centers in Illinois. As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start ofRead More — Solar Builder magazine