Month: April 2025

Nexamp secures $340 million refinancing for distributed solar portfolio

The developer and operator closed a $340 million private placement debt refinancing with PGIM Private Capital. Nexamp, a distributed solar and energy storage developer and operator, announced it closed a $340 million private placement debt refinancing with PGIM Private Capital. The refinancing is expected to enhance the company’s financial position while providing flexibility for continued …

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Pittsburgh International Airport plans 4-MW expansion to existing solar array

Pittsburgh International Airport (PIT), in partnership with Duquesne Light Company (DLC) and IMG Energy Solutions, a Liberty Energy company, is planning an expansion of its solar field as part of the airport’s energy innovation plans. The project marks DLC’s first power purchase agreement, making clean energy more accessible for the Pittsburgh region. The expansion will… …

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Residential solar and storage prices hit all-time low in 2024

After a year of contraction, residential solar and storage prices both reached new all-time lows even as panels have continued to increase in power output, according to the 20th EnergySage Intel: Solar & Storage Marketplace Report released today. This semiannual report analyzes millions of transaction-level data points from homeowners shopping on EnergySage.com from January through… …

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SolarBank plans 7.2-MW community solar project in Upstate New York

SolarBank has announced plans to develop a 7.2-MWDC ground-mount community solar array known as the Glor Rd project in Upstate New York. With a secured site lease and interconnection study underway, the project is another key addition to SolarBank’s expanding development pipeline. Glor Rd will be eligible for the VDER rate compensation mechanism under NY… …

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GreenPowerMonitor updates battery energy management solutions

GreenPowerMonitor (GPM), a DNV company, has introduced significant advancements to its energy management solutions, designed to address key challenges in renewable integration; these innovations support the transition from fossil-fueled peaking power to hybrid plants while ensuring grid stability. The updates include: Hybrid Energy Management System (HEMS), enabling seamless coordination between PV and battery storage, optimizing… …

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Solar cell production expected to double in the U.S. in less than two years

Gauging the growth in domestic content in the solar supply chain, Anza shares Q2 2025 domestic content insights amid uncertainty. Anza, a subscription-based data and analytics software platform, released its Q2 2025 Domestic Content Insights report that reveals trends in domestic manufacturing of solar modules and battery energy storage systems (BESS). While only four months …

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Panasonic quits solar and energy storage business

Global electronics company Panasonic announced it would close its solar and energy storage business line. The company produced solar panels, inverters and batteries for the residential market for over 25 years and was once a major solar supplier to SolarCity/Tesla dealers. Panasonic said it would honor all warranties, and customers can email the company for… …

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BlueWave shares responsible solar development impact from 2024

BlueWave is one of the most eco-focused solar owner-operators in the country. BlueWave developed 12 projects across Massachusetts, Maine and New York, totaling 46 MWdc in 2024, and according to its 2024 Impact Report, these projects will help prevent 42,237 metric tons of CO2 emissions from entering the atmosphere annually. “From project development to community …

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Connecticut bill may cut electricity costs but stymie solar

The bill would scale back residential solar incentives and make existing nuclear energy eligible for renewable energy credits, which critics say would hinder renewable energy buildout. A bill touted to reduce Connecticut’s high energy prices is receiving both praise and backlash after it was introduced late in Connecticut’s legislative session. Critics argue it is based …

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