New York

Greenbacker acquires 110MW PV portfolio in New York from Hecate

Greenbacker Renewable Energy Company, through a wholly-owned subsidiary, has signed the rights to an approximately 110MW portfolio of solar projects located in Greene and Albany counties, New York, from Hecate Energy.

Jan 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, New York, Charles Wheeler, North America, hecate, greenbacker, Chris Bullinger

SunPower awarded solar-plus-storage project at JFK Airport

John F. Kennedy (JFK) International Airport will be the site of New York City’s self-styled largest solar plant after the project, which includes energy storage, was awarded to SunPower Corp and Goldman Sachs Renewable Power Group.

Nov 19, 2019 // Plants, Large-Scale, Commercial, Storage, Rooftop PV, USA, New York, SunPower, solar-plus-storage, North America, Goldman Sachs, jfk airport, nypa, Kevin O’Toole

174 Power Global acquires OnForce Solar

174 Power Global has acquired OnForce Solar, a New York-based commercial solar development firm and community solar business. With this acquisition, 174 Power will boost its profile in both the retail energy sector and C&I project development market.

Sep 23, 2019 // Markets & Finance News, USA, New York, New Jersey, North America, 174 power global, onforce solar, Henry Yun, Charles Feit

ReneSola touts profitability comeback but short-term debt looms high

Progress with solar projects worldwide have helped push ReneSola back onto the profitability path, with a cash boost "tentatively" secured from its top shareholder as short-term borrowings continue to pile.

Sep 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, New York, China, renesola, shanghai, Shelley Xu, Xianshou Li

New York leads coalition of 22 US states in lawsuit against Trump’s energy plan

A coalition of 22 US states and seven local governments have sued the Trump Administration's Environmental Protection Agency (EPA) over its “Affordable Clean Energy” (ACE) plan.

Aug 16, 2019 // Solar, USA, New York, Trump, lawsuit, Affordable Clean Energy, Environmental Protection Agency, Letitia James, Clean Power Plan

Pattern Energy ‘Draws Interest’ From Potential Buyers

Brookfield Asset Management is reported to be considering merging its own TerraForm Power business with the U.S. wind operator.

Aug 14, 2019 // Markets & Finance News, USA, New York, SunPower, pattern energy, terraform power, SunEdison, American Wind Energy Association, North America

Texas’ self-styled largest solar project nears completion

Canadian developer Innergex has confirmed that its 315MWAC / 250MDC Texas PV project, set to be the largest in the state, is on track to go live by September.

Aug 14, 2019 // Plants, Large-Scale, Commercial, USA, New York, Texas, Nick Holman, Innergex, Phoebe Solar, Michel Letellier, Solar Energies Industry Association, Greenbacker Renewable Energy, BNRG Renewables

Safari Energy Offers New Solar Financial Solution

New York City-based solar partner Safari Energy has launched a new solar financial solution.

Aug 1, 2019 // Markets & Finance News, Solar, USA, New York, Solar, John Nordeman, Safari Energy, Matt Rudey, PPL Corp., North America

Safari Energy Offers New Solar Financial Solution

New York City-based solar partner Safari Energy has launched a new solar financial solution.

Jul 30, 2019 // Technology, USA, New York, John Nordeman, Safari Energy, PPL Corp, Triox Capital, SunEdison, North America

sPower and PSEG Long Island construct 20-MWac New York solar system

sPower, a company handling development, construction and operation of solar power facilities, and PSEG Long Island, a major electric utility provider, have completed a 20-MWac solar plant in Riverhead, New York. The project will provide power for approximately 2,870 homes annually, as New York moves to completely decarbonize its electricity system by 2040.

Jul 24, 2019 // Large-Scale, Commercial, USA, New York, sPower, PSEG Long Island, Paul Napoli, Long Island, North America

Northeastern States Primed to Be the Next Major Energy Storage Market

Where the challenge was once a lack of profitable storage opportunities in the Northeast, now the trick is keeping up. Here’s GTM’s handy guide.

Jul 24, 2019 // Storage, USA, New York, Wood Mackenzie Power & Renewables, Sunrun, Northeastern states, PJM, York ISO, ISO New England, GTM, Massachusetts, Andrew Cuomo, SMART, Solar Massachusetts Renewable Target, Engie Storage CEO, Chris Tilley, Clean Peak Standard, New Hampshire, Tesla Powerwalls, Westmoreland, BYOD, New Jersey, VDER, NYISO, Vermont, North America

Cypress Creek to Cut EPC Business, Expand in Competitive Markets

The utility-scale developer seeks to reorient itself around competitive markets beyond its base in the Carolinas, using third-party construction firms instead of its own staff.

Jul 11, 2019 // Markets & Finance News, USA, Cypress Creeks, EPC, New York, North America

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