ReneSola and Nautilus Solar Energy announce the acquisition of 21.1 MW solar portfolio in US
ReneSola Ltd and Nautilus Solar Energy, LLC, have announced the later's acquisition of a 21 MW community solar portfolio in Minnesota. The portfolio is spread over four sites and will incorporate both single-axis tracking and fixed tilt solar applications. The project will be built through the remainder of year and is expected to come online during Q4 2019.
Nautilus, through its full-service platform, provided early-stage development capital and will be responsible for long-term asset management services and maintenance for the projects. The projects will be owned by an affiliate of Virgo Investment Group, which is also a minority shareholder of Nautilus Solar Energy. The energy provided by the portfolio directly benefits local community off-takers located offsite by providing energy cost savings while also advancing subscriber's sustainability goals.
Country updates
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April 24, 2019
The Church Pension Fund (CFP) invests US$40 million in New Energy Capital Infrastructure Credit Fund II
The Church Pension Fund (CPF), a financial services organization that serves the Episcopal Church, announced that it invested US$40 million in the New Energy Capital Infrastructure Credit Fund II, LP...
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April 24, 2019
DIF and MIC signs ageement for the sale of 203 MW wind portfolio in US
DIF Infrastructure Fund V has announced the signing of an agreement to acquire 100% of MIC Renewable Energy Holdings LLC’s indirect interest in two operating wind projects located in the United...
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April 23, 2019
Massachusetts approves the contracts for 800MW of offshore wind between Vineyard Wind and electric distribution companies
The Massachusetts Department of Public Utilities (DPU) has approved long-term contracts for 800MW of offshore wind between Vineyard Wind and the Commonwealth’s electric distribution companies.&n...
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April 22, 2019
Duke Energy wins right for 602 Mw solar power in North Carolina
Duke Energy, one of the largest energy holding companies in the U.S., has won the right to generate or acquire a total of 602 MW of solar power from projects under North Carolina's Competitive Pr...
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April 16, 2019
SUSI invests in 63 MW US battery storage portfolio
SUSI Partners acquires a 50% stake of a portfolio of behind-the-meter battery storage systems from Macquarie’s Green Investment Group. The projects are located in the Western LA basin in Califor...
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