Sol Systems

Sol Systems | September 14, 2018

Sol Systems and Nationwide Insurance announced that their Helios infrastructure joint-venture has executed a framework agreement to purchase a 135-MW portfolio of North Carolina solar projects from Cypress Creek Renewables. Launched in February 2018, Helios invests in utility-scale solar energy assets throughout the United States, combining tax-efficient sponsor capital with highly sophisticated financial structuring. Helios’ portfolio approach centers around purchasing late stage development as...

Sol Systems | July 22, 2020

Sol Systems, a national solar energy finance and development firm, announced a new initiative with Microsoft that creates the first community investment fund and the company’s single largest renewable energy portfolio energy purchase agreement. Sol Systems and Microsoft designed the portfolio to maximize its positive environmental, community and societal impact. The strategic initiative will help Microsoft meet its goal of shifting to 100% renewable energy by 2025....

Oil & Gas 360 | January 13, 2020

Ormat Technologies, Inc. (NYSE: ORA) today announced the signing of two similar Power Purchase Agreements (PPA) with Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP). Under the PPAs, SVCE and MBCP will each purchase 7MW (for a total of 14 MW) of power generated by the expected 30MW Casa Diablo-IV (CD4) geothermal project located in Mammoth Lakes, California. The PPAs are for a term of 10 years and have a fixed MWh price, which includes energy, capacity, environmental at...

Renewables Now | January 13, 2020

London-listed investment company US Solar Fund Plc (LON:USF) on Monday said it has closed the purchase from Greenbacker Renewable Energy Company LLC of three operational solar power facilities in North Carolina with a combined direct current (DC) capacity of 11 MW. Earlier this month, the company announced it had closed the acquisition of cash equity interests in five operational utility-scale solar farms in North Carolina with a total capacity of 28 MW, also part of the deal. The agreement for ...