Asset management firm Capital Dynamics has entered into an agreement to acquire interests in three US solar PV projects with a total capacity of 316MW from developer LS Power.
A round-up of the latest news from the US solar market, as Sunrun plans to install solar on affordable properties in California, while New York wraps up its first community solar-plus-storage project.
A multi-gigawatt co-location market looks set to take off within the next five years, however uncertainty over DC coupling, the need for costly symmetric grid connections and outdated regulatory frameworks risk stymying the market’s growth.
Leading ‘Solar Module Super League’ (SMSL) member JinkoSolar has made a major revision to its PV module assembly capacity expansion plans for 2020, intending to nearly double its nameplate assembly capacity to a new goal of 30GW by the end of 2020.
Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers.
US aerospace and defence company L3Harris Technologies has signed a virtual power purchase agreement with Lightsource BP for up to 100MW of capacity from a new solar farm in Texas.
The US unit of German developer and EPC provider juwi has inked a power purchase agreement (PPA) with Colorado Springs Utilities for a 175MW solar project coupled with a 25MW battery storage system.