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Entries by Colleen Young
CleanCapital announced it acquired the 37 MW solar project from GlidePath Power.
Looking to expand from its role as long-term owner to a more comprehensive development and origination model, CleanCapital has acquired the landfill and brownfield developer, as well as its 1 GW project pipeline.
CleanCapital acquired 100% of the ownership interests in BQ Energy (BQE), a renowned landfill and brownfield renewable energy developer, and plans to leverage its expertise in this segment as a wholly owned and independently operated subsidiary of CleanCapital. CleanCapital will fund the development of projects in BQE’s substantial long-term pipeline.
For the last decade, “tariff” has been an all-too-familiar term in the solar industry, evoking a mix of strong opinions among stakeholders. In 2012, the Obama administration first imposed tariffs on certain imported cells and modules in an attempt to rescue the declining solar manufacturing industry. In 2018, the Trump administration expanded this approach with the imposition of Section 201 solar tariffs. The Biden administration followed its predecessors in extending the Trump-era tariffs earlier this year. After a decade of various tariffs on solar imports, the U.S. solar manufacturing industry is still struggling.