sPower Acquires 55 MWdc Idaho Solar 1 Project
First project acquisition under new AES/AIMCo parent companies

sPower, an industry leader in renewable assets, recently acquired the operating 55 MW DC Idaho Solar 1 project. Located in Kuna County, ID and placed in service in late 2016, the PV system will continue to operate and sell all output to Idaho Power Company under a 20-year contract. This is sPower's first operating …Continue Reading


sPower Closes $498.7 Million Bond Deal

sPower, a leading renewable energy Independent Power Producer, recently closed a $498.7 million, investment grade, private placement financing. The financed portfolio represents approximately half of sPower’s 1.3 GW of operating portfolio. This financing follows sPower’s $421.4 million debt issuance …Continue Reading


Setting the Standard for Sustainability; New Spider Solar Project Puts University of Richmond on Fast Track to Carbon Neutrality

The University of Richmond plans to purchase renewable energy from a large Virginia solar installation. The move makes UR the first institution of higher education in the southeast to match 100 percent of its electricity needs with solar energy.

A power purchase agreement with sPower, the largest private owner and operator …Continue Reading


sPower Celebrates First Anniversary with AES and AIMCo

sPower, the largest private owner of operating solar assets in the US, recently celebrated the one-year anniversary of its acquisition by The AES Corporation (“AES”) and Alberta Investment Management Corporation (“AIMCo”). The partnership has delivered a powerful combination and accelerated sPower’s growth plan and execution …Continue Reading


Apple, Akamai, Etsy and Swiss Re Collaborate to Accelerate Renewable Energy Development in Illinois and Virginia
Projects to generate 290 megawatts of clean energy, enough to power 74,000 homes

Apple, Akamai, Etsy and Swiss Re today announced an agreement to develop two new wind and solar energy farms in Illinois and Virginia. Spearheaded by Apple, the new projects will generate 290 megawatts to the PJM electric grid serving much of the Eastern United States, including …Continue Reading


sPower and CleanPowerSF Sign Long-Term PPA for 100 MW of Solar

sPower has signed a 22-year, 100 MW solar Power Purchase Agreement (PPA) with CleanPowerSF, a California Community Choice Aggregator (CCA) managed by the San Francisco Public Utilities Commission (SFPUC) that serves the City and County of San Francisco. The energy will be sold from sPower’s San Pablo Raceway Solar Project located in Lancaster, California. …Continue Reading


JinkoSolar Signs 1.43 GW Supply Agreement with sPower in the U.S.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) ("JinkoSolar" or the "Company"), a global leader in the solar industry, today announced that its wholly owned subsidiary, JinkoSolar (U.S.) Inc. has entered into a three-year agreement to supply 1.43GW of high efficiency modules to sPower, a leading renewable energy independent power producer. …Continue Reading


SEIA Welcomes Southern Current, New Vice Chair to Board of Directors

The Solar Energy Industries Association (SEIA), the national trade association of the U.S. solar energy industry, announced today that Southern Current, a leading national solar project developer, is now a member of SEIA’s Board of Directors. …Continue Reading


Microsoft adds 315 megawatts of new solar power in Virginia in largest corporate solar agreement in the United States
As the initial and primary offtaker of a 500-megawatt project, Microsoft will reach approximately 1.2 gigawatts in its global energy portfolio.

Microsoft Corp. announced on Wednesday the purchase of 315 MW of energy from Pleinmont I and II, two new solar projects in the commonwealth of Virginia. This represents the single largest corporate purchase of solar energy ever in the United States. This will enable Microsoft to make significant progress toward its goal of reaching 60 percent …Continue Reading


sPower Completes 30-year PPA for Wind Farm in South Dakota
220 MW to be developed in three counties

sPower, a leading renewable energy Independent Power Producer (IPP), announced today that it has executed a 30-year Power Purchase Agreement (PPA) for its Prevailing Wind Park Project in South Dakota. The Project is a 220 MW wind farm located in Charles Mix, Hutchinson and Bon Homme Counties, South Dakota, originally …Continue Reading


sPower Closes Bond Deal for $421.4M
First company to receive a credit rating on a portfolio of utility scale solar and wind assets

sPower, a leading renewable energy Independent Power Producer, recently closed a $421.4 million 4(a)(2) private placement financing on a portfolio of approximately 565 MW of utility-scale solar and wind assets. The financed portfolio represents approximately 44% of sPower's 1.3 GW operating portfolio. …Continue Reading


sPower Makes Wind Turbine Purchase from Vestas
Turbine components qualify up to 400 MW of future pipeline for PTC

sPower has placed an order with Vestas, in a first-time partnership, for 2 MW and 4 MW compatible turbine components that qualify for 80 percent of the Production Tax Credit ("PTC") and enable 400 MW of future project development.

Vestas is the energy industry's global partner …Continue Reading