Inovateus Solar has commenced construction on the first solar power plant in Logansport, Ind. Inovateus is developing the installation for the Logansport Municipal Utility (LMU). Financed by a power purchase agreement (PPA), the solar installation will reduce LMU’s carbon emissions, help to stabilize energy costs for LMU’s customers and also host a bee and butterfly … [Read more...] about Inovateus Solar Begins Construction on LMU’s First Solar Project
Idemitsu Renewables Closes on Debt Financing for California Solar Project
Idemitsu Renewables, a U.S.-based renewable energy business of Idemitsu Kosan Co. Ltd., has closed on debt financing for its 50 MWp Central 40 solar project in Stanislaus County, Calif. Debt financing was provided by KeyBank National Association. KeyBanc Capital Markets served as sole arranger of the financing. “This project expands Idemitsu Renewables’ operating … [Read more...] about Idemitsu Renewables Closes on Debt Financing for California Solar Project
Vivint Solar Secures Tax Equity Financing Commitments
Vivint Solar, a full-service residential solar provider, has secured $300 million in new tax equity financing commitments from two repeat investors to support the growth of the company’s residential solar business. With the addition of these two tax equity commitments, Vivint Solar has committed financing capacity for approximately 185 MW. The investment is … [Read more...] about Vivint Solar Secures Tax Equity Financing Commitments
AutoGrid Flex, Sunrun Partner to Manage Residential Batteries
AutoGrid, a company that provides flexible management software for the energy industry, has entered a partnership with Sunrun Inc. to provide AutoGrid Flex Virtual Power Plant (VPP) software to help manage Sunrun’s growing fleet of residential batteries across the U.S. Under the partnership, Sunrun will use features of the AutoGrid Flex platform to help manage its fleet … [Read more...] about AutoGrid Flex, Sunrun Partner to Manage Residential Batteries
Green Tax Package to be Considered in the House
House Democrats have revealed a green tax package that offers tax incentives to the renewable energy industry, for electric vehicles (EVs) and for other environmentally conscious companies, according to recent reporting from The Hill. “This bill uses our tax code to expand the deployment of renewable energy by extending and expanding the federal tax incentives to promote … [Read more...] about Green Tax Package to be Considered in the House