Sunrock Distributed Generation has partnered with Nelnet, Inc. to finance and build solar and clean energy assets in California, Illinois, New Jersey, and New York. The collaboration focuses on utilizing Sunrock’s underwriting system and automated platform to construct solar and distributed generation projects. The initiative aims to enhance power grid resilience and decrease carbon emissions. Sunrock and Nelnet aim to aid local businesses, public entities, and nonprofits in transitioning to renewable energy. Nelnet will collaborate closely with Sunrock’s team to scale out the origination, development, and construction of distributed generation assets.
Sunrock, Nelnet join forces for solar projects
The Tax Equity Partnership between Sunrock and Nelnet will fund construction of distributed generation assets across California, Illinois, New Jersey, and New York (Image Credit: PRNewswire).
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)