Pattern Energy Group LP, a privately-owned developer and operator of wind, solar, transmission and energy storage projects, has completed financing and has started construction of its 105 MW DC Phoenix Solar Project located in Fannin County, Texas. ING Capital LLC provided construction and term project financing and tax equity was provided by RBC Community Investments, a … [Read more...] about Pattern Energy Begins Construction on the Phoenix Solar Project
Marathon Advises MRP on the Successful Sale of California Solar Project
Marathon Capital LLC, a financial advisory and investment banking firm, has advised the successful sale of the High Desert Solar Project (HDSI) on behalf of Middle River Power (MRP), the operating and development platform of Avenue Capital, to Goldman Sachs Renewable Power (GSRP). HDSI is a 100 MW AC solar and 50 MW AC battery storage project currently under … [Read more...] about Marathon Advises MRP on the Successful Sale of California Solar Project
UCI Researchers Exploit Solar Inverter Vulnerability
Cyber-physical systems security researchers at the University of California Irvine have disrupted the functioning of a power grid using about $50 worth of equipment tucked inside a disposable coffee cup. In a presentation delivered at the recent Usenix Security 2020 conference, Mohammad Al Faruque, UCI associate professor of electrical engineering computer science, and his team … [Read more...] about UCI Researchers Exploit Solar Inverter Vulnerability
Duke Energy Renewables Closes on Tax Equity Funding from Goldman Sachs
Duke Energy Renewables, a subsidiary of Duke Energy, has closed $109.4 million in preferred tax equity funding from Goldman Sachs’ Alternative Energy Investing Group. The investment will be used over 18 months to fund a diverse portfolio of approximately 75 MW of solar and solar+storage projects, which will be developed and constructed by Duke Energy Renewables’ … [Read more...] about Duke Energy Renewables Closes on Tax Equity Funding from Goldman Sachs
Helios Infrastructure Completes Project Purchase from Cypress Creek Renewables
Helios Infrastructure, a joint venture between Nationwide and Sol Systems, has completed its project purchase from Cypress Creek Renewables. The $200+ million portfolio spans 20 projects across North Carolina, of which 97 MW are operational and 51 MW are under construction. Since 2012, Nationwide and Sol Systems have financed over $700 million of solar projects throughout the … [Read more...] about Helios Infrastructure Completes Project Purchase from Cypress Creek Renewables