Tag: News
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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
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SinglePoint to acquire solar lead generator EnergyWyze
SinglePoint Inc. is looking to acquire EnergyWyze LLC, a firm focused on customer-centric lead generation in the solar energy industry. Under the terms of the letter of intent, SinglePoint will acquire EnergyWyze’s assets and business relationships, including an extensive database of validated leads, to form a premier solar lead generation engine.Read More — Solar Builder magazine
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Novatus Energy, Southwest Generation merge to form Onward Energy
U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generatingRead More — Solar Builder magazine
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CEC awards $5 million to Indian Energy to demo non-lithium energy storage solutions
San Diego-based energy developer Indian Energy LLC was awarded a grant of more than $5 million from the California Energy Commission (CEC) to develop and demonstrate long-duration, non-lithium ion based energy storage technologies. This grant is part of the CEC’s Electric Program Investment Charge (EPIC) program, funding research that acceleratesRead More — Solar Builder magazine
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Solar FlexRack supplies trackers to TRITEC for Connecticut solar portfolio
Solar FlexRack has supplied its TDP 2.0 Solar Trackers for a portfolio of distributed generation solar projects located in Connecticut. Part of Solar FlexRack’s tracker growth phase into the Northeastern region of the US — noted in this episode of The Pitch — these solar projects are being developed by TRITECRead More — Solar Builder magazine