Tagged Finance

Kearsarge Energy completes first community solar farm in New York

By Kelsey Misbrener Kearsarge Energy, a renewable energy project developer and financier based in Boston, Massachusetts, announced its first New York Community Solar Farm. Located on 12 acres in Oppenheim, New York, the 1.94-MW project is developed, owned and operated by Kearsarge. Through Kearsarge’s NY Community Solar Partnership with Common Energy, Capital Region homeowners and…

One Trillion Watts of Wind and Solar

By [email protected] There are now 1 trillion watts of wind and solar installed around the world, according to new figures from Bloomberg New Energy Finance. It took a few decades to get here, but it’ll only take five years to do it again — and at a cost that’s nearly 50 percent cheaper. Now that…

Meyer Burger turns profitable in 1H 2018 as new order intake dives

Leading PV manufacturing equipment supplier Meyer Burger reported first half year financial results, highlighting strong sales and a return to profitability but weak order intake, due to Chinese government solar policy changes and market uncertainties influenced by USA-China trade conflict. Read Full Article Here For more great articles: PV-Tech

Canadian Solar Drops Guidance Amidst Lackluster Second Quarter

By Joshua S Hill Canadian Solar published its second-quarter earnings report this week and it was a mixture of good news and bad news for the world-leading solar power company, which reported guidance-beating shipments but guidance-missing revenue, resulting in downgraded company guidance for the full year, citing global challenges in the solar market. Read Full…

How to choose the best wind-monitoring device for project financing

By Michelle Froese By Alistair MarsdenCommercial Director | Dulas Choosing the ideal wind-monitoring device for a potential new wind site is critical to project development and success. A deviation in wind-speed data of just 5% from predicted performance, for example, can impact project returns by 5 to 15% — and, ultimately, risk project financing or…

Seventus acquires Montana’s Jawbone Wind projects

By Michelle Froese Through its innovative structured capital products, Seventus says it is committed to supporting domestic renewable energy development in the U.S. Seventus LLC has acquired a major wind development in Montana from Gaelectric LLC. The 235-MW Jawbone Wind Projects is located in Wheatland County, Montana on roughly 31,000 acres. Seventus is a new…

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