CIT Group‘s Power and Energy business served as lead arranger for approximately $185 million in financing for a 66-MW portfolio of 19 community solar projects for Clearway Energy Group in Massachusetts, Illinois and New York State. Earlier this year, CIT announced that it had also served...
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Solar Inventions has released a white paper with the first scientific details on its patent-pending new architecture for solar cells, which won the first Made in America Solar Prize last year from the U.S. Department of Energy. Solar Inventions is now offering manufacturers guaranteed ROI,...
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In June, Massachusetts Attorney General Maura Healey asked the state's Department of Public Utilities to open an investigation into the future of natural gas companies in the state. Healey’s request was prompted by the recognition that Massachusetts cannot meet its legally binding emission reduction targets unless...
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A new solar project at George Washington University (GW) will increase solar electricity in Washington, D.C., and provide financial assistance to low-to-moderate-income residents across the District. The university provided rooftop space on five campus buildings for solar photovoltaic panels, while New Columbia Solar (NCS), a...
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Voluntary procurement of utility solar remains the top driver of U.S. utility PV in development, according to Wood Mackenzie.
WoodMac defines voluntary procurement as procurement based solely on the economic competitiveness against other energy sources of electricity generation.
Procurement of utility solar by corporate offtakers currently ranks second overall. However, the share of RPS-driven solar, which is procured to help...
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Sunrun, SK E&S and other affiliated companies announced they have co-invested in a new venture with plans to electrify the home. This partnership will use the resources and knowledge base of both well-established companies to advance the development of a modern energy system. Using Sunrun’s...
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