During the past few months, Vectren has been working with Orion Renewable Power Resources, a joint venture between Orion Renewable Energy Group and MAP Renewable Energy, to select, secure and eventually develop the Troy, Indiana property. "This Sullivan County project will deliver energy savings to residents throughout the Mid-Hudson Valley region, while supporting the establishment of a cleaner, greener NY for all".
The solar array, situated on approximately 300 acres, will consist of about 150,000 panels mounted on a single-axis tracking system.
The 2.7-megawatt solar array with almost 10,000 solar panels received close to $1.3 million from the state's NY-Sun initiative. The New York State Energy Research and Development Authority administers the NY-Sun initiative.
The company's 1.6 GW of solar power by 2021 includes residential, community solar and larger projects.
The rise in corporate funding in 2017 was driven by large private equity deals. Most of the debt activity among Indian solar companies came in the form of new bonds.
"A press statement made available to the Ghana News Agency (GNA) by the bank, said the ISA under the agreement would support its 'Desert to Power" initiative meant to turn the continent's desert into new sources of energy. The summit is meant to encourage cooperation between countries that have a strong interest in clean power and combating climate change in the coming years.
The Camden project is one of several renewable energy installations at Campbell facilities in the United States.
A report by clean energy consultant Mercom released last week said India's solar industry had more than doubled its fundraising to US $10 billion in 2017, but warned that activity was likely to slow this year as New Delhi planned to slap high tariffs on imports. France has also committed to invest €700m in loans and financial support for the solar projects.
Sullivan County Legislature Chairman Luis Alvarez said in the news release that this project is an example of the governor and Sullivan County's commitments to being greener.
The alliance has three main programmes: promoting the use of solar water pumps instead of diesel pumps for irrigation; affordable financing for solar technology; and promoting solar mini-grids in the least-developed countries and small island nations. "This is a hometown success in every respect, and I'm thrilled to witness its debut". "It is exciting to be a part of enabling utility scale solar in IN". It would therefore be more correct to speak of the "dual market parity".