Greenbacker completes acquisition of three community solar projects in New York
Greenbacker Capital Management, through an affiliated investment vehicle, has completed the acquisition of an 8.7 MW DC community solar photovoltaic portfolio located in New York, USA from ReneSola Power Holdings.
The portfolio consists of three to-be-constructed community solar projects that are designed to generate clean energy to support about 1,653 homes. The construction of the projects is set to commence in early 2023 with commercial operation by the end of the same year.
Two of the projects are set to participate in the Solar For All program, a utility assistance program that helps income-eligible New Yorkers access clean energy while saving on their power bills. Each of the three projects is part of New York’s Value of Distributed Energy Resources (VDER) program, a net crediting system in which consumers can elect to receive a monetary credit toward their energy costs in an amount equal to the VDER generated by a community solar project.
Country updates
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November 29, 2022
Campbell, Enel North America sign PPA for 115 MW wind project in Oklahoma
Campbell Soup Company and Enel North America have signed a 12-year virtual renewable power purchase agreement (PPA) to support Campbell’s goals to lessen its greenhouse gas emissions. Campbell w...
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November 28, 2022
Pattern Energy secures approval for wind and transmission project in Arizona and New Mexico
Pattern Energy Group LP has announced that the Arizona Corporation Commission (ACC) unanimously approved its 3 GW SunZia Transmission project. Similarly, the company's 3.5 GW SunZia Wind Projects were...
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November 24, 2022
Duke Energy buys 100 MW solar PV project in Mississippi
Clearway Energy Group has sold the 100 MW Wildflower solar photovoltaic (PV) project to Duke Energy Sustainable Solutions. The solar farm will produce sufficient energy to power around 21,000 houses i...
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November 22, 2022
Vestas to supply 178 MW of wind turbines for US wind project
Vestas has secured an order for 178 MW to power an undisclosed wind project in the US. The order includes 23 V150-4.5 MW turbines, 14 V150-4.2 MW turbines operating at 4.3 MW, and four V136-3.45 MW tu...
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November 22, 2022
Honda, LG to build US$4.4bn car battery plant in Ohio
Honda Motor and LG Energy Solution have decided to build a US$4.4 billion joint venture (JV) battery plant in Ohio, United States. Honda will invest an additional US$700 million to retool three Ohio...
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