Tag: News
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Morgan Solar, Silfab Solar secure utility-scale order for PV-boosting Simbax tech
Morgan Solar has been in the business of developing solar technologies for 13 years, ranging from 30 percent efficient CPV to two-axis trackers to LED-enhanced BIPV. The company recently made a big sale of 13.6 MWDC (10.5 MWAC) of bifacial solar panels enhanced with its performance boosting SimbaX technology toRead More — Solar Builder magazine
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ITC safe harbor extension provides some COVID relief for solar developers
The COVID-19 pandemic has caused major supply chain disruptions in the U.S., leading to halts in renewable developments. As the developers faced difficulty in meeting the deadline to start operations of the renewable projects, the Internal Revenue Service (IRS) extended the deadline for these projects by one year. This givesRead More — Solar Builder magazine
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RECON Corp. tabs RPCS for 8 MW of solar tracker projects in Illinois
RP Construction Services, Inc. (RPCS) and RECON Corporation announced earlier this week their partnership to build 8 MWdc of solar tracker projects in Illinois this year. RECON Corporation, a solar photovoltaic EPC contractor based in Michigan, will be building three ground mount solar tracker projects, utilizing the DuraTrack HZ v3 single-axisRead More — Solar Builder magazine
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Idemitsu Renewables secures $71 million in tax equity for solar projects in California, Colorado
This week, Idemitsu Renewables closed tax equity financing for its 50 MWp Central 40 solar project in Stanislaus County, California, and its 80 MWp Pioneer Solar project in Adams County, Colorado. Both projects are under construction and will begin operating in the fall of 2020. The tax equity syndicate was arrangedRead More — Solar Builder magazine
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Standard Solar secures $105 million in tax equity for solar projects in five states
Standard Solar, Inc. closed a tax equity commitment this week for up to $105 million to finance distributed generation (DG) solar projects located in Arizona, California, Massachusetts, New York and Rhode Island. The financing was secured through tax equity commitments from Fifth Third Bank, National Association and IBERIABANK. The portfolioRead More — Solar Builder magazine