Tag: projects
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Extra Space Storage’s solar portfolio with Pivot Energy to surpass 15 MW
National renewable energy provider Pivot Energy is set to install nine additional rooftop solar systems on Extra Space Storage facilities. These systems will add 946.8 kW of capacity to an expansive renewable energy portfolio that now totals 15 MW. The rooftop solar arrays developed throughout this partnership will produce about 20 million kWh of electricity….…
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FERC data predicts solar to provide 66% of new U.S. generating capacity 2022-2025
Data provided by the U.S. Federal Energy Regulatory Commission (FERC) forecasts solar power to account for almost two-thirds (66%) of “high probability” additions to installed utility-scale generating capacity in the United States over the next three years. This prediction is based on a review recently released FERC data by the non-profit research firm SUN DAY……
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Lightsource bp closes $267 million deal with Wells Fargo for 481 MW solar portfolio
Lightsource bp has successfully closed on a $267 million tax equity investment from financial services firm Wells Fargo & Co. The financing leverages the Production Tax Credit (PTC) structure made available for solar companies in the 2022 Inflation Reduction Act (IRA). The investment will support the construction and operation of a two-project portfolio in Louisiana……
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Duke Energy Sustainable Solutions to build 175 MW solar plant in Colorado
Duke Energy Sustainable Solutions (DESS) has acquired Pike Solar, a new 175 MW solar power plant being constructed to serve customers of Colorado Springs Utilities. DESS is a nonregulated commercial brand of Duke Energy. DESS acquired the solar project from JUWI Inc., a global solar power developer. Pike Solar contains more than 414,000 solar panels……
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Greenvolt Power buys 50% of 163 MW Goshen Solar Project in Wyoming
Through its subsidiary Greenvolt Power Renewables LLC, Greenvolt Power has created a joint venture with Cowboy Energy LLC to bring clean energy to Wyoming. As part of the agreement, Greenvolt Power has purchased a 50% stake in the 163 MW Goshen Solar Project from Cowboy Energy. As part of the joint venture, Greenvolt Power and……