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EDP Renewables & Walmart Sign 15-yr PPA For 180 MW Texas Solar Plant

EDP Renewables North America LLC  and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a portion of a new 180-megawatt (MWac) solar project in Texas. Under the PPA, Walmart will be an offtaker for 162 MWac, complementing its current corporate procurement from EDPR NA projects of 233 MWac of utility-scale solar and […]

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US Solar Manufacturers Come Out With Prescription for Domestic Manufacturing

A new report commissioned by the Solar Energy Manufacturers for America (SEMA) Coalition and authored by Guidehouse Insights Inflection Point makes a case for stronger government efforts to ensure the US domestic solar manufacturing industry withstands the challenge mounted from China or Chinese  linked imports. “Thanks to the efforts of Congress and the Administration, with […]

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Barclays, Lightsource bp Sign $140 Million Deal For Louisiana Solar Project

Barclays and Lightsource bp have announced that they have committed to a $140 million tax equity deal which will finance the construction of the Prairie Ronde 180MWdc solar project in St. Landry Parish, Louisiana. According to a media statement by Lightsource bp, the deal is one of the first to be led by Barclays’ new […]

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EU Adopts Plans For New Energy Efficient Building, Revises Solar Standard Rules

European Union (EU), Member of European parliament (MEP) recently adopted plans, to build energy efficient buildings. These plans were agreed upon by council, to help reduce energy consumption and greenhouse-gas emissions from the buildings sector. The EU solar standard for new building is to be executed from 2026 which are required to have solar rooftop […]

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Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas

US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […]

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […]

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Arevon Energy & Meta Ink Deal For 349 MW Solar Energy In US

Renewable energy developer, Arevon Energy, Inc., and Meta Platforms have signed two long-term Environmental Attributes Purchase Agreements (EAPA) for the Kelso Solar Project in Scott County, Missouri in the United States. The Kelso Solar Project will generate 349 megawatts (MWac) of power and will help support Meta’s operations in the region with 100 percent renewable […]

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Canadian Solar, Sol System Partner To Increase US Module Manufacturing

Washington DC-based renewable energy company Canadian Solar Inc. and Sol Systems announced their recent partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly ramped Texas module factory. Under the partnership, Canadian […]

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Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […]

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