Jackson Family Winery announces 3 MW of PV systems to be installed throughout its vineyards. Having already installed a 300 kW system at their Ramal winery, the company understands the huge benefits of going solar and projects $11 million in savings over 25 years.
The Southern Nevada Water Authority announces a power purchase agreement with SunEdison. The 20-year agreement locks in the cost of electricity for the utility, while the 14 MW plant provides power with zero water use.
Levi’s Stadium becomes the first professional football stadium designed around LEED certification, aiming for LEED gold certification. A 375 kW solar system installed by NRG Energy provides necessary renewable energy for the stadium, with the goal of achieving net zero energy use.
NRG Energy announces it has acquired a 4 MW project in the U.S. Virgin Islands. The Spanish Town Estate Solar project will help decrease St. Croix’s dependence on fossil fuel imports.
Joint venture Soltage-Greenwood announces an equity financing of $70 million led by John Hancock Life Insurance Company. The funds will be used for the construction and operation of seven solar PV power stations in Massachusetts and North Carolina, totaling 32 MW of generating capacity.
As Xcel Energy awaits a PUC ruling on 36 MW of customer-sited solar capacity requested for its Solar*Rewards incentives program, solar companies say policy uncertainty in the state is hurting their business. Lighthouse Solar is even going so far as to stop Colorado installations, saying it’s just too hard to do business there.
Renewable energy provider Equal Earth partners with Greenbacker Renewable Energy Company to provide funding for solar power purchase agreements for businesses, utilities, and nonprofits.
At Intersolar North America, experts discuss the state of solar financing and where the industry is headed. Despite real challenges, solar financing has come a long way. And the best may be yet to come.
Superior Lithographics announces that a 400 kW rooftop solar array will be installed on the building it leases. The building owner, Mt. Vernon Investments LLC, is allowing Superior Lithographics to install and own the solar array, with the electric utility qualifying the project for its solar energy rebate program.
REC Solar positions itself to grow the mid-sized commercial solar market. With creative financing strategies, the company hopes to overcome the challenges to developing projects in this market segment.
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