Verdant Commercial Capital recently completed the funding of the last of a portfolio of solar projects which were launched by EDPR NA Distributed Generation (EDPR NA DG) in a series of sale-leaseback transactions for distributed generation solar...
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January 17, 2024, 07:00 AM
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Summit Ridge Energy, the nation's largest commercial solar company, announced a $275 million expansion of its existing partnership with MUFG. The capital will be used for both construction and term debt financing, enabling Summit Ridge Energy to...
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November 22, 2023, 07:06 AM
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Capital One made a $90 million tax equity investment in the 120 megawatt (MW) Jackpot Solar project, which, upon completion, is expected to be the largest solar facility in Idaho. The sponsor, Duke Energy Renewables, is a leading U.S. developer of...
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April 10, 2023, 07:10 AM
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Due to the recent extensive technical upgrade, the Copernicus software product “Solar” will now be called “Copernicus.” The software has undergone a complete software upgrade using the latest React technology. Copernicus had to take a step back from...
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August 23, 2022, 07:05 AM
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Greenshine New Energy, a solar lighting company, is partnering with Balboa Capital to offer financing solutions to help clients pay for solar lighting projects. Balboa Capital is a direct lender known for offering financing options to small...
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May 17, 2021, 07:15 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger on a $84 million financing for a new 140-megawatt solar farm in Fort Bend County, TX.Cutlass Solar is a utility-scale project to be built about 40 miles...
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April 29, 2021, 07:15 AM
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NFS Leasing, Inc., an independent equipment financer, has provided $300,000 in financing to Aura Energy Services for pile driving equipment.
With large scale solar projects growing rapidly and a shortage of companies to drive posts to support the...
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February 24, 2021, 07:14 AM
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Duke Energy Renewables, a subsidiary of Duke Energy, announced its 150-megawatt (MW) North Rosamond solar project in Kern County, CA, has begun commercial operation. It is the largest solar project in Duke Energy Renewables' fleet.M&T Bank's...
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June 20, 2019, 07:20 AM
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Crestmark’s Joint Ventures division and the Government Guaranteed Lending division secured a combined total of $73,280,557 in financial solutions for six solar energy clients in the second half of December. Joint Ventures division
On Dec. 18, a $4...
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January 16, 2019, 07:10 AM
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Key Equipment Finance announced it has provided a $7.8 million tax lease and a $1.9 million term loan to Radnor, Pa.-based Community Energy, Inc., a provider of utility-scale wind and solar projects, for community solar projects in Massachusetts...
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October 31, 2018, 07:20 AM
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WGL Energy Systems, Inc., a WGL company, announced it has secured a $75 million financing package from M&T Bank to provide funding for future solar energy projects.
WGL Energy seeks to expand its renewable energy programs and will partner with...
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August 14, 2018, 07:08 AM
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The New York State Energy Research and Development Authority (NYSERDA) announced the completion of the largest solar system installed in New York City in Staten Island. The 3.1-megawatt solar array will offset a large portion of the electricity used...
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July 24, 2018, 07:25 AM
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Quebec-based Innergex Renewable Energy Inc. announced the acquisition of a sizable photovoltaic solar project located in Winkler County, Texas, from Longroad Energy Partners, LLC. Total construction costs are estimated at $397 million and will be...
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July 05, 2018, 07:05 AM
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Key Equipment Finance provided financing through its Energy Solutions team for Maui's first large-scale solar project.In partnership with Maui Electric Company and Kenyon Energy, Maui’s first large-scale photovoltaic (PV) solar project came online on...
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May 09, 2018, 07:10 AM
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CIT Group Inc. announced its Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for approximately $79 million in financing for Onyx Renewable Partners L.P. This new financing follows a $53 million...
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May 08, 2018, 07:20 AM
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Centrosolar announced it has partnered with CleanView Capital to offer Commercial and Industrial (C&I) customers, a fully integrated solar PV module and special financing program.Centrosolar and CleanView Capital said they have come together to form...
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April 30, 2018, 07:05 AM
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CIT Group Inc. announced its Commercial Finance division's Energy Finance unit served as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar LLC, a developer and owner of solar energy facilities.The...
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April 04, 2018, 06:25 AM
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Key Equipment Finance, an affiliate of KeyCorp, announced it has provided $5.1 million in financing to Wayne, Pa.-based Dynamic Energy Solutions, LLC for a 2.55 (DC) megawatt solar farm near Geneva, N.Y. producing energy for Hobart and William Smith...
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March 27, 2018, 07:25 AM
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M&T Bank has provided $22.4 million in equipment lease financing for Cianbro Corporation to complete the construction and commissioning of the largest solar producing energy facility in Maine, and within the jurisdiction of ISO New England.The...
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March 01, 2018, 07:15 AM
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CIT Group announced that its Commercial Finance division’s Energy Finance business served as sole lead arranger and administrative agent for $46.5 million in construction-only financing on behalf of Cypress Creek Renewables, a developer and owner of...
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February 08, 2018, 07:10 AM
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Kenyon Energy, LLC in partnership with The Town of Deerfield, Key Equipment Finance, and Lake Street Development Partners, announced that a 5.99-megawatt (MW) solar array at 901 River Road in Deerfield, MA is due to begin commercial operation in...
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November 16, 2017, 07:05 AM
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MTU America (a subsidiary of Rolls-Royce) held a ceremony on August 9, 2017 in Graniteville, South Carolina, to celebrate a 1.35 MW (DC) ground mounted solar array installed on a 7-acre site highly visible from the I-20 exit ramp in Graniteville....
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August 18, 2017, 08:00 AM
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Key Equipment Finance has provided financing for 16 community solar projects across Massachusetts for Clean Energy Collective (CEC), the nation's leading community solar solutions provider, and ENGIE, a global energy developer focusing on responsible...
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July 19, 2017, 07:19 AM
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NonBank Lender, a Stonebriar Commercial Finance company, provided $14.4 million of real estate purchase and improvement financing utilizing the SBA's 504 Loan Program. Days after its acquisition by Stonebriar Commercial Finance, NonBank Lender...
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June 15, 2017, 07:02 AM
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Key Equipment Finance announced it has provided $7.2 million in financing to Monolith Solar Associates LLC since 2016 for 17 projects benefitting schools and municipalities. Monolith Solar is a Rensselaer, N.Y.-based provider of best-in-class...
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June 13, 2017, 07:14 AM
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Ivory Consulting Corporation announced that Live Oak Clean Energy Financing LLC, a subsidiary of Live Oak Bancshares, Inc., selected Ivory Consulting’s flagship product, SuperTRUMP, to support its newly formed utility-scale solar subsidiary in the...
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April 04, 2017, 07:00 AM
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Envision Solar International, the leading renewable energy, media and branding and EV charging product company, announced that it is now offering easy, low-cost financing solutions for its solar-powered products.Envision Solar now provides innovative...
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November 02, 2016, 07:14 AM
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Pacific Mercantile Bank announced the launch of its Solar and Renewable Energy Lending Group, which will offer specialized financing to companies engaged in sustainable, renewable energy projects across the United States.“Renewable energy financing...
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September 13, 2016, 07:00 AM
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Key Equipment Finance announced it has provided a $3 million solar tax lease for The Monroe Cable Company’s 1-megawatt solar installation by OnForce Solar. Monroe Cable, based in the Town of Wallkill, N.Y., is a manufacturer of quality cable, as...
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August 31, 2016, 07:10 AM
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Key Equipment Finance announced it has provided a $3 million loan for the Elizabethtown College 2.6-megawatt DC ground-mounted solar photovoltaic system by Community Energy, Inc., a nationally recognized renewable energy developer.The solar loan from...
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March 23, 2016, 07:15 AM
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ViZn Energy Systems (ViZn), a leading provider of energy storage systems for commercial & industrial, microgrid and utility applications, and LFC Capital have teamed up to make property owners' acquisition of solar PV and energy storage affordable....
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February 27, 2015, 07:10 AM
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Key Equipment Finance and Community Energy, Inc., a leading renewable energy development and marketing company, announced the completion of a $5.2 million solar installation project for Clarkson University in Potsdam, N.Y. “This is a cutting-edge...
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December 19, 2014, 07:08 AM
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Key Equipment Finance announced it is providing $6.5 million in solar equipment financing for Safeguard Storage Properties LLC (“Safeguard Self Storage”). The financing is enabling Safeguard Self Storage to go green at 25 facilities, where the solar...
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December 09, 2014, 07:01 AM
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Mechatron Solar has obtained an allocation of $5 million for qualifying businesses desiring solar investment through LFC Capital's Solar Ownership Program Funds. This Mechatron Solar/LFC Capital collaboration represents the latest round of a...
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September 10, 2014, 07:00 AM
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Amicus Solar Cooperative, a purchasing cooperative that is 100% owned and democratically managed by its member companies, has obtained an initial allocation of $50 million for qualifying businesses desiring solar through LFC Capital's Solar Ownership...
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August 01, 2014, 07:00 AM
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Clean Edge, a leading clean-tech research firm, released its 2014 U.S. Clean Tech Leadership Index. The Index, which tracks the clean-tech activities of all 50 states and the 50 largest metro areas in the U.S. – from EV and renewables adoption to...
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July 18, 2014, 06:00 AM
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GE Energy Financial Services and Welspun Renewables Energy Pvt. Ltd. (WREPL) announced a partnership to expand solar energy generation in India. GE Energy Financial Services is making its first investment in a solar power project in India, funding US...
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April 28, 2014, 06:23 AM
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CIT Canada announced that it has provided financing to Silvercreek Solar Park, Inc., which will utilize Ontario-made Canadian Solar modules for a ground-mounted utility-scale solar power plant in Elgin County. This is Silvercreek’s first utility...
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March 27, 2014, 06:00 AM
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Key Equipment Finance announced it has provided solar financing for Providence and Worcester Railroad Company (P&W), a short-line freight railroad based in Worcester, Mass. The solar array will generate an estimated 190kW of electricity annually and...
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March 04, 2014, 07:00 AM
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Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp, has financed a PV solar panel installation for Credit Plus, a Salisbury, Md.-based provider of mortgage credit reporting tools and...
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January 22, 2014, 07:00 AM
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SunEdison, a leading global solar energy services and technology provider, announced that De Lage Landen Financial Services (DLL) has increased its investment to over $100 million in a sale-leaseback fund. The fund, originally announced in December...
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December 04, 2013, 07:00 AM
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CIT Group announced that it arranged a $100 million senior secured credit facility for AWCC Holdings LLC, a subsidiary of American Wind Capital, to acquire a portfolio of land leases and lease royalties from solar projects from Hawaii to New York....
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September 18, 2013, 07:00 AM
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Clean Edge released its inaugural U.S. Clean Tech Leadership Index report featuring extensive data from the firm’s State Index (fourth annual edition) and Metro Index (second annual edition). “Clean-tech deployment in the U.S. is largely being driven...
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July 29, 2013, 07:01 AM
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SolarCity announced a lease financing agreement with Goldman Sachs to fund more than $500 million in solar power projects; an estimated 110 megawatts in generation capacity for homeowners and businesses. The financing makes it possible for...
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May 17, 2013, 07:00 AM
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According to the Clean Energy Trends 2013 report issued by clean-tech research and advisory firm Clean Edge, Inc., despite the fact that 2012 proved to be an unsettling and difficult year for clean energy, the fundamental global market drivers for...
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March 15, 2013, 07:13 AM
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PV-TECH reported solar will play a central role in boosting the share of renewables in America’s energy mix between now and 2040, according to figures from the U.S. Energy Information Administration.The administration’s Annual Energy Outlook 2013...
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December 07, 2012, 06:55 AM
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SunEdison, a leading global solar energy services provider, and subsidiary of MEMC Electronic Materials, Inc. announced that De Lage Landen Financial Services, Inc., a subsidiary of Rabobank Group, has committed to invest $52.5 million into a...
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December 05, 2012, 07:28 AM
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Solar Industry reported the U.S. solar energy industry recorded its second-best quarter in history according to a new report released by the Solar Energy Industries Association based on data from GTM Research.The report also found that the second...
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September 13, 2012, 07:26 AM
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Tioga Energy, a leading provider of renewable energy services to commercial, government and non-profit organizations, today announced it has closed construction and long-term financing with Wells Fargo & Company and De Lage Landen for the first...
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July 09, 2012, 07:52 AM
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Bloomberg reported that Abound Solar Inc., a Loveland, Colorado-based U.S. solar manufacturer that was awarded a $400 million U.S. loan guarantee, will suspend operations and file for bankruptcy because its panels were too expensive to...
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June 29, 2012, 07:00 AM
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According to a report posted on Solar Industry, Sens. Chris Coons, D-Del., and Jerry Moran, R-Kan., have introduced the Master Limited Partnerships Parity Act (MLP Parity Act). This legislation is designed to level the energy playing field by giving...
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June 11, 2012, 07:00 AM
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Solar Industry reported that Sens. Charles Schumer, D-N.Y., and Sherrod Brown, D-Ohio, have introduced legislation that would make PV modules manufactured in China ineligible for the 30% federal tax credit that homeowners and businesses receive when...
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May 17, 2012, 06:30 AM
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Solar photovoltaic (PV) demand during 2H’12 will see increasing contributions from emerging markets in North America and Asia Pacific, with 60% of PV demand coming from these non-European regions according to new research featured in the NPD...
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May 15, 2012, 07:15 AM
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Kyocera Solar, Inc. announced the launch of its latest solution: Kyocera Solar Finance, a program designed to provide loan and lease options to consumers seeking light commercial and mid-to-large commercial installations. In partnership with De Lage...
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May 08, 2012, 08:00 AM
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Bloomberg New Energy Finance reported that global investment in clean energy dropped to its lowest in three years as the U.S. and European nations cut support for wind and solar projects. According to the report, spending on new wind farms, solar...
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April 16, 2012, 07:00 AM
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According to the 11th annual edition of Clean Edge's Clean Energy Trends 2012 report, the three major clean energy technologies - solar photovoltaic, wind power and biofuels, which combined totaled $188.1 billion in 2010 and grew 31% to $246.1...
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March 22, 2012, 07:30 AM
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Taycor Financial will continue to expand their reach into the green energy initiative through their collaboration with SunSurfs Solar USA.Taycor and SunSurfs will establish a jointly supported solar equipment leasing program to provide easier access...
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March 22, 2012, 06:30 AM
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Wells Fargo & Company announced a record $2.8 billion in loan commitments and tax equity financing in 2011 to businesses and projects with a direct positive impact on the environment. That brings Wells Fargo’s total environmental financing and...
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March 21, 2012, 07:45 AM
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Rabobank and SolarCity announced $42.5 million in structured financing to fund over 30 commercial solar projects in California. This new fund is the latest iteration of a Rabobank-SolarCity collaboration that has produced a solar-powered electric...
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March 19, 2012, 06:00 AM
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Chadbourne & Parke represented Metropolitan Life Insurance Company and MetLife Capital Credit, as the sole lender and co- investor, in connection with the approximately $140 million purchase and term loan financing of FRV AE Solar, LLC's Webberville...
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March 07, 2012, 07:30 AM
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Clean Edge recently published Cascadia Capital’s 2012 predictions for the clean energy industry. According to the article Cascadia Capital’s Co-Founder, Michael Butler believes that upcoming political and economic debates will drive increasing...
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February 24, 2012, 07:30 AM
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