The partnership will allow the regional developer to deploy 100MW of distributed solar annually in the US and expand its reach beyond the south-eastern US.
BlackRock took an 80% stake in the new company, Distributed Solar Development, in an undisclosed deal. The new business will design, build, own and operate distributed solar and storage solutions for industrial, commercial and public-service customers.
Ministerial move to allow direct clearing of 1-10MW projects by regulator NERSA will help 1GW pipeline awaiting approval ‘for years’, says PV body SAPVIA.
The decreasing cost of distributed generation and storage technologies is changing the way value is created in the energy sector, according to a new report launched by SolarPower Europe in Brussels today.
Construction has begun on Aurora, a distributed solar project in Minnesota which in 2014 was ruled by a judge to be a better, more cost-effective investment decision than natural gas.
