Tag: C&I
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Standard Solar acquires 21 MW community solar project portfolio from New Leaf Energy
Standard Solar has acquired a planned 21 MW of solar projects in New York and Massachusetts from New Leaf Energy. “Community solar projects like these will generate clean, reliable energy needed by residents and businesses and are integral in helping New York and Massachusetts reach their renewable energy and climate goals,” said Michael Streams, chief……
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Holcim, TotalEnergies to drive clean energy services at Colorado cement plant
Holcim US and TotalEnergies have partnered to bring large-scale solar power and battery energy storage to Holcim’s Portland cement plant in Florence, Colorado. In line with Holcim’s pledge to power all its U.S. operations with 100% renewable energy by 2050, TotalEnergies will install, maintain and operate a 33 MWdc ground-mounted solar array and 38.5 MWh……
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Leeward closes financing for 200 MW Horizon solar project
Leeward Renewable Energy (LRE) has closed approximately $75 million in construction to term financing from MUFG Bank Ltd. and an approximately $105 million tax equity commitment from Wells Fargo for its Horizon solar facility in Frio County, Texas. The Horizon solar facility is currently under construction. Once completed, it will generate 200 MW of renewable……
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Report: U.S. energy storage market continues to expand rapidly
A new report shows that the energy storage market is on the rise. According to the American Clean Power Association (ACP) and Wood Mackenzie’s latest U.S. Energy Storage Monitor report released today, the market is expected to reach almost 75 GW in installations between 2023 to 2027. Across all segments of the industry, the U.S….…
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Community solar with less risk? DSD explains ABS financing model
DSD Renewables recently secured $155 million in debt financing for the first commercial and industrial (C&I) solar asset-backed securitization (ABS) with a significant concentration of community solar assets. The transaction, which is DSD’s first issuance of asset-backed securities, was structured and underwritten by Credit Suisse Securities (USA) LLC. Solar asset-backed securities represent a growing opportunity to package……