The Peck Company acquires solar developer Sunworks

The Peck Company has entered into an agreement with solar developer Sunworks to acquire the company through an all-stock transaction. Sunworks’ stockholders would receive an aggregate of approximately 3,079,207 shares of Peck common stock, representing approximately 36.54% of Peck common stock outstanding after the merger. In a press release, Peck representatives rationalized the merger as… […]

U.S. Senator Dick Durbin introduces bill to fund $50 billion in clean energy projects

U.S. Senator Dick Durbin (D-IL) announced the introduction of America’s Clean Future Fund Act, a bill that would spur job creation by investing in a clean energy economy, achieve critical reductions in greenhouse gas emissions, facilitate a fair transition for workers from declining energy sectors, and renew America’s commitment to remain a world leader in technology, innovation,… […]

Soligent shares its 5 solar trends to watch through the end of 2020

By Jon Doochin, CEO of Soligent. Originally posted on soligent.net and reposted with permission. That story can be found here. There are five trends emerging when looking at the residential solar and renewable market: soaring storage demand and resiliency, green policy shifts, software and hardware advancements, positive economics and investor fervor. Here’s why each is important: 1. Soaring… […]

Generac improves energy storage system capacity to 18 kWh

The latest additions to Generac Power Systems’ PWRcell energy storage line will allow for whole-home power backup. The products include the new PWRcell Automatic Transfer Switch (PWRcell ATS), which has integrated load management, new higher-capacity batteries rated up to 18 kWh and an outdoor-rated enclosure. “Delivering a whole-home experience from battery storage systems is currently… […]

CIT Serves as Lead Arranger on Community Solar Portfolio

CIT Group Inc. says its Power and Energy business served as lead arranger for approximately $185 million in financing for a 66 MW portfolio of community solar projects. The financing was arranged on behalf of Clearway Energy Group, an operator of clean energy generation facilities in the U.S. The portfolio consists of 19 separate projects […]

CIT arranges financing for 66-MW community solar portfolio for Clearway

CIT Group‘s Power and Energy business served as lead arranger for approximately $185 million in financing for a 66-MW portfolio of 19 community solar projects for Clearway Energy Group in Massachusetts, Illinois and New York State. Earlier this year, CIT announced that it had also served as lead arranger on approximately $200 million in financing for… […]

Is the solar industry prepared for a wave of end-of-life inverters?

Many commercial and utility-scale solar projects installed at the beginning of the solar construction boom are celebrating their 10th birthday around the year 2020. But instead of something to revel, this milestone is a nuisance for many project owners given that the string inverters on these systems are nearing their average 15-year lifespans. In a… […]