Solar

Greenbacker Secures $186 Million Credit Agreement With KeyBank and Fifth Third Bank

Financing to support construction of two of Greenbacker’s largest solar farms
Press Release

NEW YORK, September 15, 2022 /3BL Media/ - Greenbacker Renewable Energy Company LLC (“GREC” or “Greenbacker”), a leading green energy investment company and independent power producer, has entered into a senior credit agreement of $186.2 million with KeyBank N.A. and Fifth Third Bank. KeyBank served as administrative agent for the lenders, and KeyBanc Capital Markets and Fifth Third Bank, National Association served as joint lead arrangers.

South Dallas Innercity Community Development Corporation Is Going Solar, Thanks to Green Mountain Energy Sun Club

New system will offset 78% of building energy needs
Press Release

DALLAS, August 24, 2022 /3BL Media/ – The South Dallas/Fair Park Innercity Community Development Corporation (ICDC) is taking another step toward sustainability by installing a solar array on the roof of its building. Green Mountain Energy Sun Club donated nearly $130,000 for this eco-friendly upgrade.

Ecocentricity Blog: Embracing Clean Technologies, Even If We Don't Have All of the Answers Yet

By: John A. Lanier
Summary: 

There are now multiple times that I’ve heard people question the merits of solar panels and lithium ion batteries by citing how hard they are to recycle. To me, these questions miss the mark. We absolutely need to address the end-of-life concerns with these technologies, and smart people are working on that, but they are still technologies that society should wholeheartedly embrace.

Blog

There are now multiple times that I’ve heard people question the merits of solar panels and lithium ion batteries by citing how hard they are to recycle. To me, these questions miss the mark. We absolutely need to address the end-of-life concerns with these technologies, and smart people are working on that, but they are still technologies that society should wholeheartedly embrace.

Earth Day 2022: Investing in Our Planet and Doing Our Part

Article

April 22 marks Earth Day and is recognized as a day to encourage environmental awareness and drive actionable change.

First launched in 1970 to combat pollution and the impact on human health, Earth Day is now a worldwide mobilization effort with more than one billion people participating each year to make a difference. This year’s focus is investing in our planet to build healthy cities, countries and economies.

CIT Serves as Coordinating Lead Arranger on $71.4 Million Financing for Howard County, Maryland Solar Portfolio

Press Release

NEW YORK, March 7, 2022 /3BL Media/ - CIT, a division of First Citizens Bank, recently announced that its Power and Energy business served as coordinating lead arranger on a $71.4 million in financing for a portfolio of solar projects.

Strata Solar Partners With Blackstone to Fund Utility Scale Solar and Battery Storage Development

Press Release

DURHAM, N.C., February 9, 2022 /3BL Media/ - Strata Solar (Strata) announced that it has entered into an agreement with Blackstone (NYSE:BX) through Blackstone Credit and its affiliates to provide Strata with $150 million of capital to help fund development, construction and ownership of utility scale solar and storage assets across North America. Strata is a leading provider of utility-scale solar and battery-energy-storage systems with 400+ employees and has installed more than 2.5 GW of capacity over the past 10+ years.

Fifth Third Announces Acquisition of Dividend Finance

A leading national point-of-sale lender in the high growth solar and sustainable home solutions industries
Press Release

CINCINNATI, January 19, 2022 /3BL Media/ – Fifth Third Bancorp today announced a definitive agreement to acquire Dividend Finance, a leading fintech point-of-sale (POS) lender, providing financing solutions for residential renewable energy and sustainability-focused home improvement.

Ecocentricity Blog: Farming Squared

By: John A. Lanier
Summary: 

More and more, owners of farmland are going to be presented with the choice of continuing to farm or selling to solar developers. We absolutely need more installed solar on the grid, but we also need productive farms! So ideally, we would be able to do both simultaneously.

Blog

More and more, owners of farmland are going to be presented with the choice of continuing to farm or selling to solar developers. We absolutely need more installed solar on the grid, but we also need productive farms! So ideally, we would be able to do both simultaneously.

Ecocentricity Blog: On the Pitch

By: John A. Lanier
Summary: 

GridBlock is designed to be the “Grand Central Station” for how solar, battery, EV, and microgrid technologies intersect. And it’s what could make it easier for all of those solutions to do their jobs to the maximum of their potential.

Blog

GridBlock is designed to be the “Grand Central Station” for how solar, battery, EV, and microgrid technologies intersect. And it’s what could make it easier for all of those solutions to do their jobs to the maximum of their potential.

Keysight to Install Rooftop Solar Array in Penang, Malaysia

Largest solar panel installation for Keysight globally accelerates company’s commitment to net zero emissions with on-site renewable energy generation
Press Release

SANTA ROSA, Calif. October 26, 2021 /3BL Media/ - Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced the installation of a rooftop solar array at the company's largest site, located in Penang, Malaysia, with completion estimated for Spring 2022.

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