Solar News

$100 Million in Financing Secured by Lightsource bp for Large Alabama Solar Project

Black Bear Solar energy project Lightsource bp has successfully closed on a $100 million financing package for its 130 MW DC Black Bear Solar energy project in Montgomery County, Ala. The tax equity investment for the project was secured from U.S. Bank. Debt for the project was provided by Banco Santander and Sumitomo Mitsui Banking …

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AES Adds 10 GW of Renewable Projects with Community Energy Acquisition

AES Corp. has acquired Community Energy Solar LLC. AES has signed power purchase agreements (PPA) to deliver 4 GW of renewables in the U.S. this year. “AES has experienced tremendous growth in renewables in the US this year, placing it among the leading renewables players in the country. Community Energy has built a top reputation …

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Lightsource bp Starts Construction on Pollinator-friendly Indiana Solar Project

Bellflower Solar Lightsource bp has successfully closed on a $376 million multi-project financing package and mobilized construction on its 173 MW DC Bellflower Solar project, located about 40 miles east of Indianapolis in Henry and Rush Counties. A power purchase agreement with Verizon Communications Inc. announced in early 2021 was key to achieving this project …

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NREL’s New Consortium Researches Use of High-Tech Mirrors in Solar Plants

Guangdong Zhu The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), joined by partners at Sandia National Laboratories and the Australian Solar Thermal Research Institute, has launched the Heliostat Consortium (HelioCon), an international effort to drive down the cost of heliostats. HelioCon, led by NREL, emphasizes the significance of heliostats as a key …

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