Primergy Secures $588M Financing and Microsoft Partnership for Texas Solar Project; SEIA President Praises Biden’s Clean Energy Vision and More...

The successful funding and long-term Power Purchase Agreement (PPA) secured from Microsoft for the Ash Creek project underscore Primergy Solar adeptness in developing, financing, constructing, and managing large-scale renewable energy initiatives,” stated Ty Daul, CEO of Primergy. “Ash Creek aligns seamlessly with our objective to invest in strategically positioned projects offering regional diversity to our portfolio, while also meeting the sustainability needs of prominent corporate clients like Microsoft. We are deeply grateful for the continued collaboration with leading clean energy financiers that has enabled us to realize this project.”

In response to President Biden’s State of the Union address, Abigail Ross Hopper, President and CEO of the Solar Energy Industries Association (SEIA), emphasized the critical role of diversified energy sources in meeting America’s growing electricity needs.

Longroad Energy , a prominent U.S.-based renewable energy developer, owner, and operator, has announced the successful financial close of its Serrano project. Located in Pinal and Pima Counties, Arizona, Serrano comprises a 220 MWdc solar array paired with a 214 MWac / 855 MWh energy storage facility. This marks Longroad’s inaugural project utilizing First Solar’s domestically manufactured Series 7 panels. Construction has commenced, with commercial operations slated for mid-2025.

Florida-based renewable energy provider Sunergy Renewables has successfully completed a business combination with special purpose acquisition company (SPAC) ESGEN Acquisition Corporation . The merger has led to the formation of Zeo Energy Corp., which commenced trading on the NASDAQ stock exchange on March 14, 2024, under ticker symbols “ZEO” and “ZEOWW.” Tim Bridgewater, Chief Executive Officer of the newly formed entity, rang the closing bell for the stock exchange on March 13, marking a significant milestone in the company’s journey.

In a groundbreaking move poised to transform residential solar and energy storage markets across North America, Koolbridge Solar Inc Solar has inked a Master Manufacturing Agreement with the esteemed Sturdy Corporation based in Wilmington, NC. This strategic collaboration aims to capitalize on Sturdy Corporation’s extensive 50+ years of manufacturing prowess and Koolbridge Solar’s cutting-edge patented smart residential energy management products.