Community Solar

US Community Solar Specialist Arcadia Reaches 2 GW Milestone

Arcadia, a Denver, Colorado-based technology company has announced a groundbreaking milestone in the clean energy sector. Arcadia now manages 2 gigawatts (GW) of community solar capacity and counting, placing it in charge if the largest community solar portfolio in the world Community solar makes it easy for individuals and businesses to access clean energy and […]

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SolarEdge Brings Latest Offering 330kW Inverter & Optimiser to Market

Israel-based firm that delves into manufacturing solar inverters, SolarEdge has introduced a 330kW inverter, its latest offering along with a “complementing” H1300 power optimiser. The products are designed in a way that they can be installed on small- to medium-scale ground-mount arrays. The firm adds that the innovation is primarily for use in community solar […]

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US On Course For Record 32 GW Solar Capacity Additions in 2023

A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […]

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Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added

A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […]

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Community Solar: An Explainer

Rooftop solar has established itself as an attractive option for green transition enthusiasts who are also looking to bring down their energy costs. The last decade saw solar prices come down considerably, which made the technology even more attractive. However, Rooftop solar becomes unappealing to most lower-income households because of the higher cost per kilowatt […]

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OYA Renewables Secures $216 Million For New York Community Solar Pipeline

US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […]

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US Distributed Energy Major Nexamp Closes $680 million Fund Raise

Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […]

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SMT Energy Partners with Goldman Sachs, Sells 55 MW Community Solar Projects

SMT Energy LLC (SMT) and Goldman Sachs Renewable Power LLC (GSRP) have announced a strategic partnership to develop renewable energy assets in the United States. Initially, GSRP is acquiring 55 megawatts (MW) of community solar facilities located in upstate New York from SMT. John Switzer, co-founder of SMT, stated, “I am extremely proud of our team for developing […]

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