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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....
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...
Renewables Now | March 06, 2020
The Cerro Dominador concentrated solar power (CSP) project in Chile’s Atacama Desert hit a milestone this week when the receiver was raised and installed at the top of the tower. The 2,300-tonne solar receiver was assembled at the base of the tower, then placed inside the tower’s cavity and lifted to a height of 220 metres (721.8 ft) using 16 hydraulic jacks. The ascent rate did not go above 5 metres per hour due to safety requirements and technical complexities, the project company Cerro Domina...
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SinglePoint | December 03, 2021
SinglePoint, Inc. announces that it has entered into an agreement to acquire 80.1% of Boston Solar, a leading full EPC solar installer in New England. The transaction is contingent on completion of the on-going audit and the subsequent financing and is expected to close prior to year-end or within the first quarter of 2022. Executing on Acquisition Strategy to Drive Revenue Growth and Operational Synergies In July 2020, SinglePoint announced its intentions ...
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