Nautilus Solar Energy LLC, a community solar owner and operator, has acquired a 15.1 MW community solar development portfolio from SGC Power, a full life-cycle set provider of products that help solar asset owners invest, build and operate projects which give great financial returns. The six projects are located across five counties and three separate utility territories … [Read more...] about Nautilus Acquires Community Solar Development Portfolio
CIT Serves as Lead Arranger for Harts Mill Solar Project
CIT Group Inc. says its Power and Energy business served as lead arranger on a $118.5 million financing for the utility-scale Harts Mill Solar project in Edgecombe County, N.C. The project is owned by Kayne Anderson Capital Advisors L.P., an alternative investment manager, and marks their first solar investment supplying the PJM Interconnection grid. Kayne has partnered with … [Read more...] about CIT Serves as Lead Arranger for Harts Mill Solar Project
Capital Dynamics, Tenaska Enter Strategic Relationship
Capital Dynamics, an independent global private asset management firm, says its Clean Energy Infrastructure business has signed an agreement with Tenaska to enter into a new strategic relationship, increasing its greenfield solar footprint in both the Midwest and Southeast U.S. The transaction comprises 24 solar projects located in the Midcontinent Independent System Operator … [Read more...] about Capital Dynamics, Tenaska Enter Strategic Relationship
NREL Researchers Develop Novel Machine Learning Tech
Researchers at the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) have developed a novel machine learning approach to quickly enhance the resolution of wind velocity data by 50 times and solar irradiance data by 25 times – an enhancement that has never been achieved before with climate data. The researchers took an alternative … [Read more...] about NREL Researchers Develop Novel Machine Learning Tech
Unirac Successfully Completes Acquisition of Ecolibrium Solar
Unirac, a North American manufacturer of solar photovoltaic mounting systems, has successfully completed the acquisition of Ecolibrium Solar, a solar racking manufacturer headquartered in Athens, Ohio. The acquisition represents a significant expansion of Unirac’s product portfolio, adding Ecolibrium’s commercial flat roof, residential rail-less and metal roof … [Read more...] about Unirac Successfully Completes Acquisition of Ecolibrium Solar