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US ROUND-UP: Maxeon raises US$150.8m, SunPower returns to large-scale solar projects, National Grid signs three solar PPAs
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Maxeon will use some of the funds raised to scale up manufacturing capacity. Image: Maxeon
A round-up of the latest news from the US solar sector, including distributed solar specialist SunPower’s return to large-scale power systems, panel maker Maxeon’s share offering, and developer National Grid Renewables’ PPA with Hershey, Home Depot and NRG.
Maxeon raises US$150m in share offering
20 April 2021: Solar panel supplier Maxeon has secured US$150.8 million after closing a public offering and private placement of shares this week.
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Olszewski sets new goal for 100 percent renewable energy by 2026, Baltimore County announces new SunPower solar projects Posted on
TOWSON, MD Baltimore County Executive Johnny Olszewski on Wednesday announced a new project with SunPower Corp. to install solar panel arrays at two closed County landfills, which are expected to generate the equivalent of 35 percent of the electricity demand of the County’s buildings and facilities putting the County on track to exceed current renewable energy goals.
As a result, Olszewski on Wednesday signed a new Executive Order setting an aggressive new goal to generate or displace the equivalent of 100 percent of Baltimore County’s electric demand with renewable energy sources by 2026 and the equivalent of 125 percent by 2030.
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SAN JOSE, Calif., April 21, 2021 /PRNewswire/ SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, announced new projects with Baltimore County to cover two closed landfills with solar systems. These projects are expected to generate upwards of 30 megawatts (MW) of clean energy, equivalent to the power used by one third of the County s municipal buildings including government facilities. Electricity savings from solar can help municipalities invest more money into our schools, parks and community centers. We applaud Baltimore County for transforming otherwise under-utilized land into productive solar parks, enabling them to achieve their ambitious sustainability goals while significantly improving the County s budget, said Eric Potts, Executive Vice President for Commercial Direct at SunPower.
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