Solar Power Partners

CIT | July 17, 2020

CIT Group Inc. today announced that its Power and Energy unit served as lead arranger on a $126 million financing for the 108-megawatt (MW) direct current Trent River Solar project in Pollocksville, North Carolina. The financing was arranged on behalf of solar project developer Pine Gate Renewables, a leading utility-scale solar developer headquartered in Asheville, North Carolina. The company currently operates more than 400 MW of renewable energy projects and has an additional 4 gigawatts of p...

Starbucks | January 22, 2020

Starbucks will work to become a "resource positive" company, CEO Kevin Johnson shared in a public letter Tuesday. Resource positive means storing more carbon than the company emits, eliminating waste and providing more clean freshwater than the company uses, according to the letter. Though Johnson laid out some initial targets for reduction in the letter, Starbucks will formalize 2030 goals in 2021 and suppliers and licensees, among other stakeholders, will need to get on board, the CEO wrote. S...

Sustainability

BrightNight | December 03, 2020

Cordelio Power ("Cordelio") and BrightNight are satisfied to declare another organization to create dispatchable inexhaustible force ventures in the western United States. The focal point of the joint endeavor is to bring perfect, dependable, and most elevated worth energy and limit answers for clients while giving long haul financial advantages to neighborhood networks. Cordelio Power is incredibly satisfied to unite with a top tier designer," said John Carson, Cor...

Strategy and Best Practices,Industry Updates

Stem | November 04, 2022

Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that Frost & Sullivan ranked Stem as the Leader in Innovation in the Frost Radar™: Digital Platforms for Renewable Energy and Battery Storage Optimization and Trading report. The report attributed Stem’s ranking to the combination of Athena, Stem’s clean energy optimization platform, PowerTrack, its industry-leading solar monitor and controls application, and the company&rsq...