Capital Dynamics, 8minute Solar Energy complete 121MW PV project in California

PV Tech | October 16, 2019

Independent global private asset management firm Capital Dynamics and US-based independent solar and storage developer 8minute Solar Energy have completed the 121MW Springbok 3 Solar Farm. Springbok 3, now operational, is the third and final phase in the Springbok cluster, which is a 448MW installation located in Kern County, California. This phase includes a 1.5 MWh LiIon system battery, the first battery system used at a Capital Dynamics solar site. Capital Dynamics acquired a majority interest in the project from 8minute back in September 2018. Springbok 3 has already signed off on a long term PPA with the Southern California Public Power Authority (SCPPA) on behalf of its participating member, the Los Angeles Department of Water and Power (LADWP). During the construction phase of Springbok 3, an estimated 850 direct and 1,100 indirect jobs were created for workers from the surrounding local communities. The 121MW site will generate enough clean solar energy to power over 150,000 Los Angeles households annually.

Spotlight

Solar power producers need to predict when they will generate electricity and coordinate distribution with multiple energy markets. That’s why renewables.AI uses Microsoft Azure and Apache Spark to deliver a data analytics service that helps solar energy providers manage production and identify high-value energy markets. With Azure Databricks and other Azure services, renewables.AI can streamline product development, drive solar industry revenue, and promote a stable energy future for everyone.

Spotlight

Solar power producers need to predict when they will generate electricity and coordinate distribution with multiple energy markets. That’s why renewables.AI uses Microsoft Azure and Apache Spark to deliver a data analytics service that helps solar energy providers manage production and identify high-value energy markets. With Azure Databricks and other Azure services, renewables.AI can streamline product development, drive solar industry revenue, and promote a stable energy future for everyone.

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Vision Solar LLC Drives Towards Aggressive Expansion to West Coast Florida - Tampa

Vision Solar | August 25, 2021

Vision Solar, one of the fastest growing residential solar companies has opened another location reaching far into the west coast of Florida. Vision Solar is on track towards its growth projection to grow into a $200M+ company in revenues by EOY 2021, with yet another announcement of rapid expansion into the west coast of Florida, Tampa. Through the opening of a Tampa location, we will be able to provide an expansion of solar panel installation service areas beyond south FL. Home sales in Tampa are expected to rise by 8.7% while prices are expected to rise by 7.5% in 2021. With the increase in real estate sales comes new homeowners that are eager to add value to their homes, through the utilization of renewable energy. Solar panels not only reduce a home's monthly utility bills, but can also potentially increase the home's value by up to 4.1% more than comparable homes without solar panels. Florida's generous electricity buy-back rates, sales tax exemption, property tax exemption, and solar tax rebate combine to give an attractive solar payback period of 11 years on average, making solar a prudent investment. Vision Solar understands the importance of creating a cleaner environment through the use of renewables and providing homeowners the opportunity to lower their utility bills by 35% or more, depending on their state of residence. “As part of Vision Solar's commitment to adding 1,000+ green renewable jobs to their workforce, Tampa will become our third of five service locations in the sunshine state.” - Jonathan Seibert, CEO About Vision Solar Vision Solar is one of the fastest growing solar energy companies in the United States. Their full-service renewable energy company installs solar services for residential homes nationwide. Over the past three years, Vision Solar has grossed over $100 million in revenue, with significant increase in projected growth for 2021.

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ENERGY

TechnipFMC and Bombora Collaborate for a Wind-Wave Hybrid Floater

TechnipFMC | April 06, 2021

TechnipFMC and Bombora have formed a strategic alliance to build a floating wave and wind power project. TechnipFMC's technologies and experience delivering integrated engineering, procurement, construction, and installation projects offshore will be combined with Bombora's patented multi-megawatt mWave wave energy technology. The collaboration will initially concentrate on TechnipFMC and Bombora's InSpire (integrated semi-submersible platform with advanced renewable energy) project, which commenced engineering work in November 2020. The hybrid system demonstrator will provide 6MW of combined floating wind and wave energy, followed by commercial platforms in series one and series two, which are expected to provide 12MW and 18MW, respectively. “Our key competencies and integration capabilities make us a perfect project architect and collaborator in designing clean energy technologies alongside Bombora's expertise and unique, proprietary mWave technology,” said TechnipFMC president subsea Jonathan Landes. “We are pleased to be working on a project that advances our environmental commitment while still contributing to a more prosperous future.” “Bombora is partnering with TechnipFMC to accelerate development of our floating integrated mWave platform solutions for commercial wind farms,” said Bombora managing director Sam Leighton. “With TechnipFMC's impressive track record of executing large-scale energy ventures and Bombora's revolutionary mWave technology, we are sure that InSpire will play a key role in the offshore energy sector.”

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Signal Energy Energizes 418 MWp Of Clean Renewable Energy

Signal Energy | September 01, 2021

Signal Energy, an EPC contractor based in Chattanooga, TN, announces the completed construction of the 418 MWp Juno Solar Project in Borden County, TX. The project was delivered on time and is now producing enough renewable energy to power the equivalent of 40,000 homes. "Building solar projects of this size during a pandemic and the subsequent strains that it created on resources and logistics require a special determination and expertise to deliver a high-quality project safely and on time," said Ryan Johnson, President of Signal Energy. "The Signal team along with our innovative customer, SB Energy, and our great trade partners, did just that." Signal Energy's mission, We Harness Creative Energy, was exemplified during the entire lifecycle of this project. Perseverance and Stewardship, two of Signal's Core Principles, were clearly demonstrated throughout the construction in a challenging environment and evident to all stakeholders and construction teams at the conclusion of this successful project. Abhijeet Sathe, Co-CEO of SB Energy, said "We are thankful for our construction partner, Signal Energy, for their creative approach to designing and building the Juno Solar Project, which was completed safely and on schedule. Their perseverance through the pandemic, extreme weather events in Texas, and other obstacles thrown in their way shows their total dedication to safety, quality, and to SB Energy." ABOUT SIGNAL ENERGY Signal Energy is a leading design/build general contractor providing engineering, procurement, and construction (EPC) services for utility-scale renewable energy projects across North America. Our innovative engineering and project teams are among the most experienced in the renewable energy industry. With more than 8,000 megawatts of utility-scale project experience, Signal Energy possesses a wide range of expertise in the design and construction of solar, infrastructure, battery storage, and other power projects. ABOUT SB ENERGY SB Energy, a wholly owned subsidiary of SoftBank Group Corp., is a leading utility-scale solar, energy storage, and technology platform. We develop, construct, and own and operate some of the largest and most technically advanced renewable projects across the United States. SB Energy's mission is to provide flexible renewable energy at scale, accelerating the global energy transition, and benefiting our planet, customers, communities, and people.

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