new jersey

Small-scale solar specialist CleanCapital has secured a US$300 million investment from Manulife Investment Management to help grow its asset portfolio.

A round-up of the latest news from the US solar sector, as plans take shape for a post-Trump policy environment.

New Jersey should move to a hybrid solar incentive model to better link project support and consumer benefits, a report has concluded.

A round-up of the latest news from the US, where New Jersey utility PSEG is considering offloading its solar business and Sunrun joins forces with SK E&S for “electrification venture”.

The New Jersey Board of Public Utilities (NJBPU) approved 45 applications that will participate in the first year of its Community Solar Energy Pilot Program. In total, 100% of the approved renewable energy projects will serve low to moderate-income (LMI) households within the state.

174 Power Global has acquired OnForce Solar, a New York-based commercial solar development firm and community solar business. With this acquisition, 174 Power will boost its profile in both the retail energy sector and C&I project development markets.

The news comes the same day as the company reports a loss of US$8.4 million in the third quarter of 2018.

Partners KDC and Ardagh Group wrap up 5.5MW net-metered PV project now set to supply the Bridgeton, NJ glass manufacturing facility.

KDC Solar has completed a 23.5MW PV project that is set to power most of Six Flags Great Adventure theme park in Jackson, New Jersey.

Investment management giant becomes shareholder at CleanCapital months after supporting the latter’s acquisition of a 46.9MW US solar portfolio.