Tag: 8minute Solar Energy
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8minute Solar Energy signs its first PPA with a California Community Choice provider
8minute Solar Energy executed a power purchase agreement (PPA) with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE), marking 8minute’s first contract with Community Choice Energy (CCE) providers. The 250-megawatt (250 MWdc / 200 MWac) Aratina Solar Center includes 150 megawatt-hours (MWh) of energy storage andRead More — Solar Builder magazine
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8minute Solar Energy closes credit facility for its 18-GW solar, storage pipeline
8minute Solar Energy closed a $225 million letter of credit (LC) facility from a consortium of five banks, led by CIT as sole coordinating lead arranger with partners KeyBank, HSBC, Rabobank and Nomura Holdings. 8minute will use the LC facility to cost effectively post securities for its power purchase agreementsRead More — Solar Builder magazine
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8minute Solar Energy added 3-GW of large-scale solar to its pipeline this month
8minute Solar Energy has added 3 gigawatts (GW) of large-scale solar projects to its development pipeline this month, for a total of over 18 GW — enough to provide power for 20 million people. The company has attracted additional corporate-level funding to develop the rapidly growing pipeline too, the majorityRead More — Solar Builder magazine
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Capital Dynamics, 8minute Solar Energy hit record low cost on Eland Solar & Storage Center
Capital Dynamics’ Clean Energy Infrastructure (CEI) business signed a development partnership with 8minute Solar Energy for the equity financing and acquisition of the Eland Solar & Storage Center — a 400 MWac solar and storage center project in Kern County, California. The project features a 300MW/1200 MWh energy storage facility,Read More — Solar Builder magazine
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Capital Dynamics, 8minute Solar Energy team up on Eagle Shadow Mountain project acquisition
Capital Dynamics, an independent global private asset management firm, and 8minute Solar Energy, one of the largest independent solar and storage developers in the U.S., announced the acquisition of the Eagle Shadow Mountain Solar Project. Located near Clark County, Nevada, Eagle Shadow Mountain is the first of two cleanRead More — Solar Builder magazine