Skylight Lending has successfully closed on a significant multi-million-dollar credit facility with M&T Bank, paving the way for the company’s strategic expansion into five states. This landmark development marks a pivotal moment in Skylight Lending’s growth trajectory and underlines the confidence and support extended by M&T Bank in the company’s vision and the promising potential…

Ørsted, a leading renewable energy company, has recently entered into an 80 MW Power Purchase Agreement (PPA) with Bloomberg for the renewable energy generated by the Mockingbird Solar Center. Situated near Paris, Texas, this innovative 471 MW project is currently under construction, marking Ørsted’s largest solar endeavor in the U.S. This landmark collaboration not only…

Consolidated Asset Management Services (CAMS) and REC Solar have joined forces, with CAMS set to provide a comprehensive suite of services for REC Solar’s renewables portfolio. This includes Operations and Maintenance (O&M), asset management, accounting, remote monitoring, and related services catered to REC Solar’s solar and energy storage projects for a multitude of U.S. commercial…

Strata Clean Energy, a leading energy solutions provider, has announced the groundbreaking of its Scatter Wash battery storage complex in Phoenix. The 255 MW facility, set to become operational in April, is poised to cater to the energy needs of Arizona Public Service (APS) customers. The achievement is a result of a 20-year tolling agreement…

First Solar has announced the acquisition of a 1.2 million-square-foot facility in Troy Township, Ohio, formerly known as Peloton Output Park, which will be repurposed to become the company’s new distribution center. The center will play a crucial role in serving First Solar’s three Ohio manufacturing facilities, which collectively achieved a combined annual nameplate capacity…

Mercom Capital Group recently released its annual report on funding and M&A activity for the solar sector, unveiling compelling insights into the industry’s financial landscape for 2023. The report signifies an impressive 42% year-over-year increase in total corporate funding, incorporating investments from venture capital, public markets, and debt financing. In 2023, a remarkable $34.3 billion…