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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
businesswire | May 04, 2023
Leading US distributed energy company Aspen Power announced that the company has developed or acquired more than 100 solar projects in Massachusetts. Following Aspen Power's acquisition of Safari Energy in 2022, the company’s footprint in the state now totals 36.5 megawatts (MW) of capacity with 90,790 megawatt-hours (MWh) of electricity produced to date. That’s the equivalent of the electricity use of more than 12,000 homes per year or avoiding more than 64,000 metric tons...
Industry Updates
businesswire | April 18, 2023
AVANGRID a leading sustainable energy company and part of the Iberdrola Group, and the Navajo Tribal Utility Authority (NTUA), the largest multi-utility enterprise owned and operated by a Native American tribe, today announced they have signed a Memorandum of Understanding (MOU) to explore opportunities to develop up to 1 GW of green energy projects within the Navajo Nation in the states of New Mexico and Arizona. This partnership will allow the two parties to collaborate and stud...
Solar+Storage
businesswire | March 29, 2023
Solar power has been increasingly popular over the years as it can reduce electric bills, take some control over how electricity is getting generated, and have a solar system that can survive blackout, all in a financially responsible way. BLUETTI is about to release its new PV420 solar panel in Europe and UK, making a big push into the solar energy industry throughout this continent. PV420 delivers the most power compared to the solar panel lineups that BLUETTI has ever made. It ...
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