Company Overview - Array Technologies, Inc. was founded in 1989 and is based in Albuquerque, NM, specializing in solar tracking equipment and technology for the solar power industry, primarily for utility-scale installations [1] Industry Insights - The company provides solar trackers, which are systems that position solar panels to maximize sunlight exposure, thereby enhancing energy production [1] Investment Philosophy - The investment approach emphasizes the slow accumulation of high-quality assets, blending steady investment with high-risk, high-reward opportunities, and transformative technologies [1]

Core Viewpoint - SolarBank Corporation has secured up to US$100 million in project-based financing from CIM Group to accelerate its growth as an independent power producer, focusing on a portfolio of 97 MW of solar power projects in the U.S. [1][2] Group 1: Financing Details - The financing will be structured as a preferred equity investment into a new joint venture entity called New HoldCo, formed between CIM and SolarBank's subsidiary, Abundant Solar Power Inc. [1][2] - SolarBank will retain a majority ownership interest in 21 solar energy projects with a total capacity of 97 MW, assuming full funding is achieved [2]. - CIM will acquire non-convertible preferred equity interests in New HoldCo and will receive a semi-annual coupon of 3% on the aggregate investment [4]. Group 2: Project Structure and Operations - New HoldCo will purchase membership interests of project companies that own the 97 MW capacity from ASP, with a payment structure of 20% at mechanical completion and 80% at substantial completion of each project [2][4]. - Each project is expected to sell investment tax credits (ITCs) to creditworthy third-party buyers under tax credit transfer agreements [3]. Group 3: Company Background - SolarBank Corporation focuses on developing renewable and clean energy projects, including solar, Battery Energy Storage Systems (BESS), and EV Charging projects, with a development pipeline exceeding one gigawatt [8]. - CIM Group has a history of delivering over $60 billion in essential real estate and infrastructure projects, emphasizing community impact and environmental sustainability [7].

Core Viewpoint - Ellomay Capital Ltd. has filed its Annual Report on Form 20-F for the year ended December 31, 2024, with the Securities and Exchange Commission, highlighting its focus on renewable energy projects in Europe, the USA, and Israel [1]. Financial Performance - The Annual Report indicates a decrease of approximately €0.6 million in depreciation and amortization costs and a decrease of approximately €0.1 million in tax benefit for the year ended December 31, 2024, compared to the unaudited financial results published on March 31, 2025 [3]. Company Overview - Ellomay Capital Ltd. is an Israeli company listed on the NYSE American and the Tel Aviv Stock Exchange under the symbol "ELLO," focusing on renewable energy and power sectors since 2009 [4]. - The company has invested in various renewable energy projects, including approximately 335.9 MW of operating solar power plants in Spain and 38 MW in Italy [4]. - Ellomay holds a 9.375% indirect interest in Dorad Energy Ltd., which operates one of Israel's largest private power plants with a production capacity of approximately 850 MW [4]. - The company is involved in anaerobic digestion projects in the Netherlands with a combined green gas production capacity of approximately 16.3 million Nm3 per year [4]. - Ellomay is also developing a 156 MW pumped storage hydro power plant in Israel and has solar projects in Italy and Texas with a total capacity of approximately 343 MW [4].

Core Insights - SolarBank Corporation plans to develop a 7.2 MW DC ground-mount solar power project in upstate New York, expected to power approximately 850 homes, contributing to its expanding development pipeline exceeding one gigawatt [1][7] Project Details - The Glor Rd project will be eligible for the VDER rate compensation mechanism, with an average compensation projected at $0.0971 per kWh in the first year [2] - The project aims to secure incentives under the NY-Sun Program, targeting up to $0.245 per watt DC as a one-time payment to support financing [3] Community Solar Concept - Once operational, the project will function as a community solar initiative, allowing renters and homeowners to save on electricity bills by subscribing to the project without needing to install solar panels on their properties [4] Customer Engagement - Solar Simplified will manage customer-facing activities for the community solar projects, ensuring full project subscription and maximizing revenue from the outset, which aligns with the company's growth strategy [5] Company Overview - SolarBank Corporation focuses on developing renewable energy projects, including solar, Battery Energy Storage Systems (BESS), and EV Charging projects, with a diverse portfolio across North America [7]

TORONTO, April 23, 2025 /PRNewswire/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 4.584 MW DC ground-mount solar power project known as the Forest Hill Rd project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection study underway, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the Company's ...

KITCHENER, ON, April 23, 2025 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that e-STORAGE, which is part of the Company's majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar"), has signed a contract with Colbún, one of Chile's leading power generation companies, to supply a 228 MW/912 MWh Battery Energy Storage System (BESS) for the Diego de Almagro Sur project in Chile's Atacama Region. The Diego de Almagro Sur BESS Project will utilize e-STOR ...

Core Insights - Thunder Power Holdings, Inc. announced its financial results for the full fiscal year 2024, highlighting key developments aimed at enhancing its market position and driving future growth [1] - The company is transitioning its listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective March 28, 2025, which is expected to provide more financial flexibility [6][8] Financial Performance - Revenues for the fiscal year 2024 were nil, consistent with the same period in 2023 [12] - Operating expenses increased to approximately $2.4 million from $1.8 million in the prior year, primarily due to higher general and administrative expenses and share-based compensation [12] - The net loss for 2024 was approximately $2.4 million, compared to a net loss of $1.8 million for 2023 [12][15] Strategic Developments - Thunder Power executed an Amendment Agreement with shareholders of Electric Power Technology Limited, expecting to issue approximately 37.6 million shares for about 31.6 million ordinary shares in TW Company, pending shareholder and regulatory approvals [2] - The acquisition of Electric Power Technology is anticipated to diversify Thunder Power's revenue streams and enhance its position as a green energy solution provider [5][9] Market Position and Future Outlook - Taiwan is designated as the launch market for Thunder Power's first electric vehicle, with a focus on combining electricity generation and mobility for commercial benefits [4] - The Taiwanese government aims for 15% of electricity to come from renewable sources by 2025, with solar expected to grow to 35% of total installed generation capacity by 2035 [3] - The company plans to capitalize on strategic opportunities within the green energy market and pursue additional targets in the clean energy landscape throughout 2025 and beyond [9]

Core Viewpoint - SolarBank Corporation is developing a 7.2 MW DC community solar project in upstate New York, which is expected to power approximately 850 homes and is part of the company's expanding development pipeline exceeding one gigawatt [1][3][6] Group 1: Project Development - The Hoadley Hill Rd project has secured a site lease and is in the process of obtaining interconnection approval and necessary permits [1][2] - The project is anticipated to qualify for incentives under the NY-Sun Program by the New York State Energy Research and Development Authority (NYSERDA) [2] - SolarBank will continue to seek financing for the construction of the project once approvals are received [2] Group 2: Community Solar Benefits - Community solar allows multiple renters and homeowners to benefit from solar energy without needing to install panels on their properties, providing monthly credits on their electric bills [3] - The project aims to maximize revenue and ensure full subscription through the partnership with Solar Simplified, which manages customer-facing activities [4] Group 3: Company Overview - SolarBank Corporation focuses on distributed and community solar projects in Canada and the USA, with a development pipeline of over one gigawatt and a history of projects totaling over 100 megawatts [6]

Core Points - New Energy Equity's Lift as We Climb Foundation donated $100,000 to Civic Works to enhance solar access for Baltimore households [1][4] - The donation will enable 80 households to receive free solar installations, potentially reducing their electricity bills by 80% to 100% [4] - Civic Works aims to strengthen communities through education and skills development while increasing access to clean energy [5] Company Overview - New Energy Equity LLC, a subsidiary of ALLETE, specializes in developing, financing, operating, and managing solar power generation assets, with over 550MW of solar projects developed and more than $1.2 billion in clean energy investments closed [9] - The Lift As We Climb Foundation was established by New Energy Equity to support local communities through charitable donations, focusing on solar energy projects, education, and workforce training [10] Community Impact - The funding will allow Civic Works to expand its rooftop solar team by hiring two new employees, ensuring sustainable solar deployment in the community [4] - Melvin Brennan, Director of Energy Programs at Civic Works, expressed gratitude for New Energy Equity's commitment to clean energy and its values [7][8]

Core Viewpoint - SolarBank Corporation is developing a 4.3 MW DC community solar project in upstate New York, which is expected to power approximately 500 homes and is part of the company's expanding development pipeline exceeding one gigawatt [1][3][6]. Group 1: Project Development - The Glen Rd project has a secured site lease and is undergoing an interconnection study, with plans to complete the permitting process and secure financing if the study is successful [2][5]. - The project will operate as a community solar initiative, allowing renters and homeowners to benefit from solar energy without needing to install panels on their properties [3][4]. Group 2: Company Operations - SolarBank Corporation focuses on distributed and community solar projects in Canada and the USA, with a development pipeline of over one gigawatt and a history of projects totaling over 100 megawatts [6]. - The company collaborates with Solar Simplified for customer-facing activities, ensuring project subscription and revenue maximization from the outset [4]. Group 3: Market and Incentives - The project is expected to qualify for incentives under the New York State Energy Research and Development Authority's NY-Sun Program, which supports solar energy initiatives [2][3]. - The company aims to drive sustainable growth through its business model, which aligns with community solar benefits [4].