Tag: News
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California retirement community expected to save $250,000 a year with Sharp solar+storage system
The NW Photon Energy and Paradise Village Retirement Community, a senior Independent Assisted and Memory Care Community in San Diego, Calif., is adding a 240 kW/324 kWh SmartStorage system from Sharp in six buildings on the community’s grounds and integrated with 516 kW of solar PV. The decision was aRead More — Solar Builder magazine
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New Jersey solar expansion takes next steps through state legislature
Bills that will expand clean energy capacity in New Jersey continue to work their way through the legislature. N.J. Assemblyman John McKeon’s A3723 was passed in the Assembly Appropriations Committee and Senator Bob Smith’s S2314 was passed in the Senate Budget and Appropriations Committee. The companion bills will stabilize andRead More — Solar Builder magazine
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CleanChoice Energy debuts slick platform to connect more customers to community solar
An issue for community solar, like most solar projects, is customer acquisition. CleanChoice Energy is looking to solve that with a new solution: CleanChoice Community Solar, a new platform to connect people to local community solar projects. This platform will allow customers to sign-up in less than five minutes, and manageRead More — Solar Builder magazine
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Sunnova Energy banks another $100 million equity investment
Sunnova Energy Corporation, a privately held U.S. residential solar + battery storage service provider, has closed a $100 million equity investment with Quantum Strategic Partners Ltd., a private investment vehicle advised by Soros Fund Management LLC that focuses on long-duration investments globally. Since its inception in 2012, Sunnova has raised overRead More — Solar Builder magazine
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CIT Group finances nine community solar gardens in Minnesota, developed by Nordic Solar
The Energy Finance unit of CIT Group‘s Commercial Finance division served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar LLC, a developer and owner of solar energy facilities, to support the operation of a newly constructed portfolio of nine community solar garden projectsRead More — Solar Builder magazine