commercial and industrial

Radial Power has raised US$80 million in tax equity financing from the Bank of America to develop 96MW of new solar capacity in the US.

Global alternative asset manager Blackstone is lending US$200 million towards the construction of new solar PV projects in the US by Altus Power.

Renewables developer and asset owner Madison Energy Infrastructure has acquired Pro-Tech Energy Solutions, a corporate and industrial (C&I) sector engineering, procurement and construction (EPC) solar firm.

A 12.37MW solar carport and energy storage system, built by US developer DSD Renewables and commercial solar EPC company Solar Optimum, has broken ground at California theme park Six Flags Magic Mountain.

Renewables investor Magnora ASA has sold a 90MW solar PV project in South Africa to independent power producer (IPP) Globeleq.

With C&I financing more complicated than residential, tax incentives in the IRA have boosted interest from businesses to install solar.

CTP has secured a €200 million loan from the European Investment Bank to support its deployment of solar modules.

Italy has installed more than 2.3GW of solar PV in the first half of 2023, according to the latest figures from industry association Italia Solare.

PV Tech met with the CEO of storage company OPESS Energy, Jiang Wenjie, during last month’s Smarter E Europe exhibition in Munich to learn more about the company, its products and future objectives.

PV Tech caught up with Aiko Solar at Intersolar Europe 2023 to speak about it aim to target the residential and C&I European markets with its All Back Contact (ABC) products.