Tag: utility-scale
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Navisun secures up to $235 million in financing to fuel growth
Navisun LLC has secured up to $235 million in debt financing through two facilities. The company is a solar independent power producer co-develops, acquires, owns and operates distributed and small utility-scale solar and storage projects. “As a leading clean energy company, Navisun is committed to advancing the transition to a sustainable and equitable energy future,”……
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Solar Inverter Buyer’s Guide 2023
The 2023 Solar Inverter Buyer’s Guide reflects a sea change in the market, as manufacturers debut models that meet the smart inverter standards of UL 1741 and the PV Hazard Control testing of UL 3741. Meanwhile, more and more microinverters are emerging that make their case via boosted power output, handling multiple modules and hardening……
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Policy-driven supply constraints cause steep drop in solar installations in 2022
The United States added 20.2 GW of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well as equipment detainments by Customs and Border Protection under the Uyghur Forced Labor Prevention Act. According to……
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Guzman Energy secures PPA with Sonnedix for new 110 MW solar project in Colorado
Guzman Energy and Sonnedix have executed a power purchase agreement (PPA) for the 110 MW Sonnedix Solar Fountain project in El Paso County, Colorado. The solar power generation site is planned for development and is expected to be operational in early 2025. When complete, the solar photovoltaic (PV) plant is expected to generate approximately 312,670……
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Banyan Infrastructure adds $25M to accelerate sustainable financing software platform
Banyan Infrastructure, a sustainable financing software platform, has secured a $25 million Series B funding round, bringing the company’s total funding to over $42 million. Climate software investor Energize Ventures led the round of funding, with participation from new investors SE Ventures and Elemental Excelerator and existing investors VoLo Earth and Ulu Ventures. In addition,……