ReneSola will soon be shipping 512kW of its solar modules to Cummings Properties, a commercial real-estate developer and property management organization in Massachusetts. The panels will be installed on the rooftop solar system of the Cummings Centre, which acts as a corporate campus and retail centre for Cummings Properties in Beverly, Massachusetts.
The National Post is reporting that the city of Toronto has entered an agreement with Toronto Hydro in order to install 8,800 solar panels on 10 city-owned arenas and community centres. The panels are expected to produce around 2,600MWh of electricity per year over the next 20 years.
Bisol advised that it has made a €1.5 million investment for the three-phase automation of its production facility. The process, which it speculates will increase its production capacity by nearly 10%, is expected to be completed by the end of this year. Modernization of its production facility began this past summer. Bisol noted that its project was not financed by any European or governmental subsidies.
SunEdison announced that, along with Firelight Infrastructure Partners, it has attained financial close for a 10MW solar project being built in Ontario. Completed through a construction and term debt credit facility, the project is owned by SunEdison and Firelight as equity partners. Deutsche Bank worked as the private placement agent for the transaction, which was supported by a consortium of lenders.
Valos Solar Ventures continue to tie up the loose ends for its 20MW SKIC Solar 1 project; most recently with the signing of a 20-year PPA with Pacific Gas & Electric. The solar project, located near Bakersfield, California, is expected to receive approval from the California Public Utility Commission in October, with construction starting no later than August 2013.
Sungevity revealed that over the past three months it has welcomed David Dunlap, COO, Steve Atherton, CTO, Walter Conroy, general counsel and Liz Ludwig, VP of corporate business development to its executive management team. Dunlap’s newly created COO position manages the company’s customer-facing operation functions with Dunlap coming to Sungevity after serving as executive VP of operations and client services at Inside Track, an educational services company.
E.ON Climate & Renewables is heading to bigger pastures. The company advised that it is expanding its US solar operations and moving its global solar headquarters to San Francisco, California’s Financial District. EC&R expects for its relocation to be completed in October.
Clean Power Finance and Soligent announced a new partnership, which will see Clean Power Finance’s products offered to Soligent’s network of solar contractors. The companies look to the agreement as being able to help Soligent offer its solar contractors, what they consider to be, the best payment terms in the industry while cutting the cost and time of sales and financing paperwork.
California’s Independent System Operator (ISO) confirmed that in recent weeks the state has reached and surpassed a major milestone – twice. Over 1,000MW of solar power were generated across the state setting new US records. ISO noted that the state’s recent heat wave helped propel California’s solar production.
Situated in California’s Mojave Desert, and located on 164 acres between Twentynine Palms and Joshua Tree, SolarWorld’s 25MW (DC) Desert Star Solar project is now under construction. The company’s EPC division, which owns the land and projects near Twentynine Palms, will oversee all phases of the project, including design, engineering, procurement, permitting and construction.
