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1st Source Bank Announces Financing of 10 Solar Projects in 2017

1st Source has committed itself to serving the renewable energy industry. The Bank made its commitment to solar due to the unique needs of smaller commercial clients around the country, the Bank’s ability to provide tailored equity and financing options to this group of businesses. 1st Source Bank, a financial services company has announced the […]

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Ensync Energy Sells PPA For 790-Kw Solar Project At Hawaii Residential Community

EnSync Energy’s modular technology approach also enables the residential complex to easily scale capacity in the future. EnSync Energy Systems, a developer of distributed energy resources (DERs), has announced the sale of a 20-year power purchase agreement (PPA) for a 792-kW solar project for a residential community in Hawaii to an undisclosed buyer. The project […]

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Greenbacker Acquires to be Constructed 26 MW Solar Project in California

Once operational, Midway III will sell all the power generated to a large California utility through a 20-year fixed-price power purchase agreement. Greenbacker Renewable Energy Company LLC says it has purchased Midway III,  to be constructed 26 megawatt solar project in California from Solar Frontier Americas Holdings LLC through a wholly-owned subsidiary. Midway III is […]

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Alterra Power’s Spartan Solar Project Begins Commercial Operations

Alterra will manage the project, which sells 100 percent of its power under a 25-year agreement with the Board of Trustees of Michigan State University. Alterra Power Corp. and Inovateus Solar LLC are pleased to announce the 11 MW Spartan solar project commenced full commercial operations. The Spartan project is located at the Michigan State […]

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Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018

With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […]

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GST Increases Cost of Solar Projects by 12 Percent, Says AISIA

Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […]

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