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CIT Group Inc. | June 24, 2020
CIT Group Inc. today announced that its Power and Energy unit served as sole lead arranger on an $85 million financing for the 80-megawatt Pioneer Solar project near Denver, Colorado. The financing was arranged on behalf of project sponsor Idemitsu Renewables (formerly Solar Frontier Americas), a leading solar project developer that has successfully built and sold hundreds of megawatts of utility-scale solar power since 2015. The project will sell power to Intermountain Rural Electric Associatio...
ENERGY
EDP Renewables | May 31, 2021
EDP Renewables, a part of the EDP group, increases its worldwide footprint with its 16th market. This expansion reinforces EDPR’s strategic presence in Latin America, where it currently has 0.4 GW of operating capacity in Brazil, and it is developing 1.6 GW in the Brazilian and Colombian markets. EDP Renewables, a global leader in the renewable energy sector and the fourth most significant renewable energy producer globally, has reached agreements to acquire a...
Environment alleader | June 10, 2020
Researchers at San Jose State University developed a prototype power converter for PV panels that captures more than 30% more energy than conventional technologies. Delta, a power and thermal management solutions company, provided the funding for the research in an effort to advance renewable energy research and talent. The project met several milestones, including the production of a demonstration-scale micro integrated converter that utilizes a magnetically coupled architecture to reduce the s...
SOLAR+STORAGE
Maxeon Solar Technologies, Ltd. | February 01, 2022
Maxeon Solar Technologies, Ltd., a global leader in solar innovation and channels, announced an expanded sales initiative in the U.S. Commercial and Industrial (C&I) solar market. As part of this business expansion, Maxeon will sell Maxeon-branded IBC solar panels together with a Performance Assurance product from Omnidian. This partnership expands upon Maxeon's existing presence in the U.S. utility-scale solar power plant business. Omnidian, a Seattle-based leading provid...
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