Month: April 2025

California college adds 1-MW solar parking canopy to student lot

Industry / By

As part of its Earth Week celebration, Fullerton College held a ribbon cutting ceremony to commemorate the completion of a new solar canopy system developed in partnership with ForeFront Power, a leading developer and asset manager of commercial and industrial-scale solar energy and storage projects. The 1 MWDC solar parking canopy array, located in Student… …

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Danfoss signs a seven-year solar power purchase agreement

Finance / By

The electronics manufacturer reports that it will power all of its U.S. facility with electricity from the 270 MW Shakes Solar project in Texas, developed by Cypress Creek Renewables. Danfoss signed a power purchase agreement (PPA), which it said will cover all of the company’s U.S. facilities with renewable energy. Through the PPA, the Denmark-based …

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Hanwha offers to buy REC Silicon for $88 million

Industry / By

Norway-based REC Silicon has received an all-cash offer from Hanwha to acquire all outstanding shares in the company. Hanwha Corp. and Hanwha Solutions, currently the largest shareholders in REC Silicon, have offered NOK 2.2 (US $0.21) per share, representing around NOK 925 million (US $88.6 million). Hanwha first invested in REC Silicon in 2022. Interest in… …

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New York redirects surplus solar funds after 10 GW distributed solar goal

Policy / By

NYSERDA will reinvest 36% of the surplus ($150 million) back into the NY-Sun program on the condition that the funds be used for solar projects that directly benefit low-income customers. New York’s goal for 10 GW to build out distributed solar projects by 2030 is not only expected to be achieved ahead of schedule, but …

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City of Fresno expected to save $122 million in bills with solar and storage projects

Installation / By

The city is expected to save on electricity costs over the next 20 years from its new 27 MW portfolio of behind-the-meter solar projects. The City of Fresno Department of Public Utilities (DPU) engaged ForeFront Power to install a behind-the-meter solar and energy storage portfolio. The three-site project portfolio combines for 27 MW and includes …

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The secret behind solar project success in the IRA era

Policy / By

Companies that build strong partnerships that combine domestic manufacturing, field experience and responsive problem-solving are positioned to thrive regardless of policy changes. In an industry where tight timelines and supply chain challenges are the norm, several solar companies are proving that extraordinary project execution is possible through strong partnerships and domestic manufacturing capabilities. From PO …

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Finance and construction updates from 2 GWh of batteries

Installation / By

Spearmint Energy has secured $252 million funding for a battery energy storage system (BESS) in Texas, Trina is supplying a 371 MWh BESS in Houston, EDF has sourced long-term funding for an operational site in California, and Strata and Power Sustainable Energy Infrastructure Inc. (PSEI) have broken ground on a solar-plus-storage project in Arizona. From …

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PHOTOS: Boviet Solar starts production at North Carolina panel factory

Industry / By

Boviet Solar held a celebratory ribbon-cutting this week for its 2-GW solar panel assembly facility in Greenville, North Carolina. The plant, which started fine-tuning its lines a few weeks ago, was touted as a manufacturing success story for eastern North Carolina by the many local and state representatives in attendance, as well as Democratic state… …

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AIP Management invests $500M in Silicon Ranch | Solar Financing Spotlight

Projects / By

This edition of the Solar Financing Spotlight looks at AIP’s major investment in Silicon Ranch, while several other developers have closed on loans to support new projects. Let’s get right to it. AIP Management has agreed to invest $500 million in Silicon Ranch, one of the largest independent power producers (IPP) in the United States …

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