Distributed Solar Development (DSD), a business backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has closed on a US$250 million fund financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank that will be utilised to fund a portfolio of distributed generation projects through 2020.
The Florida Public Service Commission (PSC) has approved cost recovery for the third phase of Tampa Electric Company’s (TECO) solar plans, which is comprised of a pair of solar projects with a combined generation capacity of 150MW.
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.
Chinese solar panel maker Risen Energy has signed off on an order to provide 150MW of high-efficiency PV modules to a power station in Malaysia. This stands as the biggest module order Risen Energy has ever carried out to date both in Malaysia and from an overseas floating power station.
The Orlando Utilities Commission (OUC) has approved a plan to add 149MW of PV power to OUC’s generation portfolio, which will double the utility’s current efforts in the state of Florida.
Reden Investments Chile and Natixis have successfully closed senior facilities totaling US$96.4 million for an up-to-100MW portfolio of PV projects in Chile.
Dominion Generation, Inc., a wholly owned subsidiary of Dominion Energy, has acquired two PV installations from Savion LLC, a subsidiary of Macquarie's Green Investment Group.
Utah Municipal Power Agency (UMPA) has signed off on an agreement with sPower to provide renewable energy to six cities within the state by way of an 80MW PV installation.
