Latest Developments in Solar Power: Innovations, Projects, and Financing Updates

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Recent Highlights

  • Vesper Energy has successfully closed $590 million in financing for the Hornet Solar project as of January 31, 2024.

  • Sunrun and PG&E have completed the first season of their Residential Distributed Power Program.

  • The Bureau of Land Management (BLM) will host a public meeting in Yuma to discuss solar development.

  • NexWafe is looking to expand its solar wafer production capabilities to the U.S.

Financing

  • Vesper Energy has successfully secured $590 million in financing for its Hornet Solar project as of January 31, 2024.

Solar News

  • Array Technologies has released an upgraded solar tracker as of February 2, 2024.

  • Clean Power Alliance has signed a Power Purchase Agreement (PPA) for Southern California public facilities as of February 2, 2024.

  • Xcel Energy has introduced a new energy plan for the Upper Midwest as of February 1, 2024.

  • Westbridge has announced the origination of two new solar projects as of February 1, 2024.

Energy Storage

  • Zendure has launched a solar energy management system as of February 1, 2024.

  • Energy Toolbase has partnered with Station A to enhance U.S. solar-plus-storage deployment software. The collaboration aims to leverage the ETB Developer platform to implement clean energy solutions.

PV Modules

  • Oxford PV has achieved a new world record for solar panel efficiency, working alongside the Fraunhofer Institute as of January 31, 2024.

Projects & Contracts

  • Monarch Cement and Evergy Energy have partnered on a solar project in Kansas as of February 2, 2024.

  • Aggreko has acquired a behind-the-meter solar project in Texas as of January 31, 2024.

  • Enel has completed a solar and storage system at Bayer’s California facility, featuring a capacity of 2.7 MW solar and 1 MW energy storage as of January 24, 2024.

  • Ardagh Glass Packaging and CI Renewables are progressing with the development of a solar project in Madera, California, which will have a capacity of up to 5 MW as of January 18, 2024.

Popular News

  • First Solar has purchased a future distribution site in Ohio.

  • Nautilus has acquired 75.6 MW of community solar capacity in Illinois.

  • Sunlight Financial and Cross River Bank are set to sell a $300 million loan asset pool.

Stay connected with the latest trends and insights in the solar industry. Solar Industry provides comprehensive assessments of the technology, tools, and trends shaping this dynamic energy sector. From raw materials to end-user applications, we analyze critical details to help professionals navigate the solar market.


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