Tag: Strata Clean Energy
-
Lightsource bp secures $348 million for utility-scale projects in Texas | Solar Financing Spotlight
Lightsource bp is building two utility-scale solar projects in in Texas, totaling 288 MW. Meanwhile, Arevon and Strata Clean Energy have each secured loans for projects in California and Arizona, respectively. Learn more in this installment of the Solar Financing Spotlight. Lightsource bp has successfully closed on a $348 million financing package to support the……
-
Strata breaks ground on 1 GWh Scatter Wash energy storage project in Phoenix
Strata Clean Energy celebrated the start of construction on its Scatter Wash battery storage complex in Phoenix. The 255 MW / 1.02 GWh facility is expected to become operational in April 2025. A groundbreaking ceremony included executives from Strata, along with representatives from Arizona Public Service (APS) and other local dignitaries. Scatter Wash will provide APS……
-
Renewable Properties, other developers secure expansion capital | Solar Financing Spotlight
Several solar developers have secured financing to advance construction projects across the United States. Renewable Properties, DSD Renewables, Altus Power and Strata take center stage in Solar Builder’s latest Solar Financing Spotlight. Renewable Properties has secured $25 million in development capital from West Town Bank and Trust. The line of credit will enable the company to……
-
Strata begins operations on 2 ITC financed BESS sites under IRA
Strata Clean Energy has closed on all installments of tax equity financing for two standalone battery energy storage systems in Vermont. Strata partnered with United Community Bank (UCB) and Enhanced Capital on an $8.7 million investment for the Georgia and Springfield, Vermont, projects, each of which have 5 MW/10 MWh of storage capacity. The first installment……
-
Nextracker signs muli-year deal with Strata Clean Energy for 810 MW of solar trackers
Nextracker Inc., a leading provider of solar tracking and software solutions, has signed a multi-year volume commitment agreement with Strata Clean Energy to supply 810 MW of trackers for large-scale solar power projects in Texas, Arizona and Virginia. Consistent with Nextracker’s years-long campaign to grow its partnerships with U.S. suppliers, much of the equipment will be sourced……