Bankruptcy

The projects, split across two portfolios, were acquired from BNRG Maine and bring the company’s capacity of acquired and developed community solar projects within the state to more than 92 MW.

A clunky tax credit system keeps vital incentives like the ITC and PTC from working the way Congress intended. Direct pay is the key to ensuring US projects have efficient access to low cost capital with greater certainty by providing cash incentives directly to clean energy projects and project sponsors.

The 16 installations in the portfolio all entered operation between the third quarter of 2018 and the second quarter of 2020, and each has an offtaker contracted for its generation.

The 1 MWh system is set to make its debut suppling power to Haute-Mauricie during transmission line upgrades.

The 6.9 MW/10 MWh Grissom solar and storage project will provide energy to the North Carolina Electric Membership Corporation under a long-term power contract.

The Commission declined to grant an enforcement action petition against state regulators that allowed Alabama Power to institute a punitive solar charge, instead allowing the petitioners to take the fight into their own hands in court.

The agreement will result in the construction of around 500 MW of renewable energy and storage projects to ensure that Google data centers will be 90% carbon-free when measured on an hourly basis.

Also in the rise: Partners will test a large-scale vehicle-to-grid charging system, Canadian Solar funds a startup whose focus is on the rest of the world, Griddy files for Chapter 11 after ERCOT mess, and Daqo signs a supply agreement with a new wafer manufacturer.

Also on the rise: Siemens Energy will assess its hydrogen technology to supply a Utah power plant, and Hyzon Motors will build a plant to bolster the fuel cell supply chain for big trucks.

The now former company has laid off its remaining staff, locked its offices and left dozens of customers, sub-contractors and former employees asking what comes next.