arevon energy

US solar developer Sol Systems has acquired a 540MW portfolio of PV plants in Illinois from renewable asset manager Arevon Energy.

A round-up of the latest news from the US solar market, including a new Lightsource bp project in Colorado, CenterPoint’s PV expansion in Indiana and another solar power purchase agreement (PPA) from Facebook.

Renewables asset manager Arevon Energy has chosen Nextracker to provide its NX Horizon trackers for a 1.5GW portfolio of seven solar projects across Indiana and Nevada.

Size, scale and vertical integration are imperative for success in the richly competitive US solar market as a result of its maturation and evolving customer base, the CEO of Arevon Energy, the US renewables platform spun out of Capital Dynamics, has said.

Major US renewables investor Capital Dynamics has spun off its US clean energy infrastructure arm and merged it with its former asset management affiliate to create Arevon Energy, a new multi-gigawatt solar and energy storage platform.