Tag: News
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This Raycatch solar asset management system update is nicknamed the ‘Coronavirus Version’
The solar energy industry currently needs oversight that requires less physical human presence on the assets, as part of the social distancing challenge. With that in mind, Raycatch, a start-up that developed an AI-driven asset management system to optimize solar PV assets, announced its first major update in a year, targetedRead More — Solar Builder magazine
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Illinois sparked a solar residential boom, but COVID-19 and stalled legislation could end it
From the Energy News Network: Illinois’s solar industry, which until recently had been booming, could be decimated by the coronavirus pandemic, according to experts and developers who are scrambling to prepare for the uncertain future. The state’s 2017 Future Energy Jobs Act sparked a boom in distributed solar installations andRead More — Solar Builder magazine
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SolRiver, Rockland team up to acquire solar projects in 2 to 50 megawatt range
SolRiver Capital LLC, a solar investment fund that owns distributed-generation and utility-scale projects, closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to $200 million of solar projects. The SolRiver/Rockland platform will acquire, own and operate distributed (DG), utility-scale, and commercial (C&I) solar projects.Read More — Solar Builder magazine
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Fossil fuel developer jumps into massive solar project in Texas
Solar Plus Development, a subsidiary of Plus Renewable Technologies, Limited, and Avondale Solar LLC have entered into an agreement with J-POWER USA Development Co. to jointly develop a 350 MWac solar PV project in Wharton County, Texas — Red-Tailed Hawk Solar — that they have been developing via their equallyRead More — Solar Builder magazine
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SunPower signs $1 billion financing deal with Technology Credit Union
SunPower Corp. announced a whopping $1 billion partnership with Technology Credit Union (Tech CU) that will increase financing options for qualified U.S. residential solar customers. The new partnership will give SunPower access to capital for its loan program. There will be multiple benefits for both SunPower and its customers: ReductionRead More — Solar Builder magazine