Nexamp Sets Second Headquarters in Chicago in Midwest Focus
Nexamp has announced that its Chicago office will serve as the company’s second national headquarters, planning to add an additional 50 team members there by 2026. The expansion is part of more than $2 billion in planned Illinois investments through the company’s existing and in-development projects. “We began our work in Illinois in 2018 in […]
Read MoreDeriva Energy Closes On Spanish Peaks Solar Acquisition
Deriva Energy has acquired Spanish Peaks Solar, a 140 MW solar project in Las Animas County, Colo., from power developer JUWI. With the addition of the site, Deriva Energy will own and operate 388 MW in Colorado and is set to provide energy to Tri-State Generation and Transmission Association through a 19-year PPA. “We are […]
Read MoreSolarEdge to Reduce Global Workforce
SolarEdge has announced a company restructuring plan that includes an approximate 16% workforce reduction, or around 900 employees. Designed to align its cost structure to current market dynamics, other cost reduction efforts include discontinuing manufacturing in Mexico, manufacturing reductions in China and termination of the company’s light commercial vehicle e-mobility activity. “We have made a […]
Read MoreEmpact, Ampliform Enter IRA Compliance Management Agreement
Empact Technologies has entered a new agreement with Ampliform to provide Inflation Reduction Act (IRA) compliance management software and services. Under the agreement terms, Empact will manage compliance for Ampliform’s current and future projects, including its approximately 700 MW of projects in short-term development and additional 3 GW of projects in development. “Our mission is […]
Read MoreFirst Solar Purchases Future Ohio Distribution Site
First Solar has acquired a 1.2 million sq. ft. facility in Troy Township, Ohio, formerly known as Peloton Output Park, that is expected to be repurposed into the company’s new distribution center. The center will serve the company’s three Ohio manufacturing facilities which had a combined annual nameplate capacity of approximately 6 GW of capacity […]
Read MoreS-5! Launches its MLPE Mount
S-5! has introduced an addition to its balance of systems lineup, the MLPE Mount. The product provides a universal method for attaching module level power electronics (MLPE) directly to PV module frames, says the company, adding that the mount secures optimizers and microinverters along the underside of the module frame with the aim of simplifying […]
Read MoreStrata Breaks Ground on 1 GWh Phoenix Energy Storage Project
Strata Clean Energy has broken ground on its Scatter Wash battery storage complex in Phoenix, a 255 MW facility that is expected to become operational next April and will service Arizona Public Service (APS) customers. “This groundbreaking demonstrates a considerable advancement in large-scale sustainable energy solutions in a major growing metropolitan area, underscoring Strata’s dedication […]
Read MoreCAMS Awarded Integrated Services Contract for REC Solar Portfolio
Consolidated Asset Management Services (CAMS) says it will provide O&M, asset management, accounting, remote monitoring and related services for REC Solar’s renewables portfolio, including solar and energy storage projects for hundreds of U.S. commercial enterprises, such as manufacturers, retailers, schools, universities and municipalities. This award increases CAMS’ renewable assets under management to over 5.6 GW […]
Read MoreAES Completed 3.5 GW of Renewables Construction Last Year
AES Corp. says it completed 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to the previous year. “This construction milestone represents a new record and a growth rate of nearly 100% over 2022,” says Andrés Gluski, AES president and CEO. “Including these newly added projects, AES’ portfolio of renewables now […]
Read MoreSkylight Lending Secures Credit Facility with M&T Bank
Skylight Lending has closed on a multi-million-dollar credit facility with M&T Bank, positioning the company for a planned expansion into five states. “Our long-term relationship not only provides Skylight with the financial resources needed for expansion but also underscores the confidence M&T Bank has in our vision and the potential of the residential solar market,” […]
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