Connect with us

Published

on

Solar developer Infiniti Energy has closed an $82.9 million structured finance facility with Fifth Third Bank, acting as administrative agent, to support a growing portfolio of commercial solar projects slated for construction this year.

The construction facility is being financed through Fiera Private Debt, and Flagstar Bank is providing the tax equity.

The financing will support the development, construction and operation of 21 MW of commercial and industrial (C&I) solar projects located in New Jersey, California and Illinois. Infiniti Energy will build, own and operate all sites under power purchase agreements with a diverse group of solar offtakers, including retail, commercial and industrial clients.

“The Infiniti team is excited to build on our expanding partnership with Fifth Third Bank and welcome the opportunity to work with Fiera and Flagstar to support our growing portfolio,” says Michael Kushner, Infiniti Energy CEO. “The projects that Infiniti owns and operates continue to generate affordable and sustainable solar energy for our clients while contributing to our country’s renewable transition.”

Development of the projects is already under way, and completion of the portfolio is expected this year.

The post Infiniti Energy Nets Financing to Support Solar Pipeline appeared first on Solar Industry.

Infiniti Energy Nets Financing to Support Solar Pipeline

Continue Reading

Renewable Energy

Myth Busting in Renewable Energy

Published

on

I met a guy earlier today who told me that wind and solar are controversial, and that some people say that the mining and manufacturing of wind turbines requires more fossil fuels that the turbines themselves produce.

I told him that I’m aware of such people; they’re called “professional liars.”

I explained the concept of EROI, energy return on investment, and surprised him by saying that the EROI of wind is somewhere between 18 and 30, meaning that each wind turbine you see as you drive along the freeway will generate at least 18 times as much energy as was required in its mining, fabrication, installation, maintenance, and decommissioning–all the way up to 30 times that amount.

The generation of disinformation of renewables has become a cottage industry.  People are paid to make up and publish complete bullshit, so as to discredit the burgeoning clean energy industry, and keep Big Oil in place.

Myth Busting in Renewable Energy

Continue Reading

Renewable Energy

Thanking God for Trump

Published

on

As bad as things are in the United States, they could always get worse.

Trump could succeed in his quest to be a dictator, Christianity could be taught in schools, and unvaccinated adults and their kids could trigger another epidemic.

In terms of our reputation on the world stage, however, things really can’t get must worse; the countries around the globe already regard us with a mixture of hate and derision.

Yet regardless of what the future holds, there will always be idiots who that believe that Trump is our savior, like the author of the meme above.

Thanking God for Trump

Continue Reading

Renewable Energy

Eastman Disbarred

Published

on

Good to see John Eastman disbarred in California; it’s a small measure of justice.

Criminal prosecution in the future?

Eastman Disbarred

Continue Reading

Trending

Copyright © 2022 BreakingClimateChange.com