Vesco Clean Energy LLC Launches with Focus on Battery Management Solutions and EV Charging Stations

New York’s Statewide Solar for All (S-SFA) program is creating a seismic shift in the community solar landscape, but for developers and project owners, it raises a fundamental question: Are you leaving money on the table?

While S-SFA promises simplicity, it comes with a hidden cost - lower margins, limited flexibility, and utility-controlled constraints. Developers lose the ability to optimize financial returns, determine who receives credits, and justify projects to local municipalities.

Why Developers Are Choosing Solar Simplified Over S-SFA:

• Higher Margins, Bigger Profits – Keep more of your project’s Value Stack revenue. No NYSERDA-imposed discounting.
• Free Customer Acquisition and Churn Replacement – We handle acquisition, billing, and churn replacement - 100% risk-free.
• Flexible Subscriber Mix – Serve a mix of LMI and non-LMI customers for optimized financial returns.
• Easier Permitting & Zoning Approvals – Municipalities push back on S-SFA because their constituents don’t directly benefit. With Solar Simplified, you can tell them residents will see savings.
• Available in All New York Utilities – We serve every utility territory in the state, giving developers statewide project flexibility.

“Developers build projects to maximize returns for investors. S-SFA may seem simple, but it locks developers into lower margins, rigid constraints, and utility-controlled payouts,” said Aviv Shalgi, CEO of Solar Simplified. “We deliver higher margins, maximum project IRR, and a frictionless process from day one. No uncertainty, no surprises—just higher profits and total control.”

The Bottom Line: More Revenue, Less Risk with Solar Simplified

While S-SFA limits financial upside and removes developer autonomy, Solar Simplified offers a turnkey alternative that maximizes project IRR from day one - without sacrificing margins or flexibility.

Ready to see how our model can work for your projects? Contact us today at [email protected] or visit developers.solarsimplified.com/ssfa to learn more.

Solar Simplified | https://solarsimplified.com/

Terabase Energy, a leader in digital and automation solutions for utility-scale solar power, announced the closing of its $130 million Series C financing round. Led by SoftBank Vision Fund 2, with participation from both existing and new strategic investors, this round brings the company's total funding to over $200 million. The new funding will support Terabase's efforts to transform the renewable energy landscape by accelerating the deployment of its technologies for large solar projects. These solutions reduce costs and construction timelines for solar power plants, an urgent need as power demand grows.

"SoftBank Vision Fund's investment reflects our shared commitment to leveraging advanced technology to drive the future of renewable energy," said Matt Campbell, CEO of Terabase. "This funding validates our mission and provides the resources to scale our platform, paving the way for the terawatt era of solar."

Terabase's platform combines robotics, AI, and a comprehensive digital ecosystem. The funding will in large part support the manufacturing scale-up of its robotics-assisted assembly line, Terafab. Having already demonstrated its effectiveness by installing an industry leading 40 megawatts across multiple commercial projects in the U.S., the next-generation Terafab is set to deploy hundreds of megawatts of solar through 2026. The system doubles installation productivity while enhancing build quality and eliminating manual lifting of heavy components, significantly improving workplace safety.

"The surge in energy demand, particularly from AI data centers, underscores the urgency of scalable, sustainable solutions," said Kentaro Matsui, Managing Partner at SoftBank Global Advisers. "Terabase's innovative approach to digitalizing and automating solar power plant deployment positions it as a leader in this transition. We're pleased to support this vision as Terabase redefines how the world builds renewable energy infrastructure."

This investment comes at a time when the recent breakthroughs in battery storage economics have enabled solar power plants to deliver cost-competitive electricity 24/7. With the onshoring of manufacturing and surge in data center deployments driving energy demand, utility-scale solar represents the fastest and most cost competitive form of new generation to power the economy.

Since its inception, Terabase has empowered project developers and engineering, procurement, and construction (EPC) firms to overcome cost and deployment barriers through solutions like the Terafab automated construction system, PlantPredict solar modeling software, and the Construct construction management platform that has supported more than 12 gigawatts of projects to date. This Series C funding will enable Terabase to rapidly deploy its proven technologies at scale, transforming how utility-scale solar projects are built and operated.

Terabase Energy | www.terabase.energy

SoftBank Vision Fund 2 | https://visionfund.com/

ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), announced the opening of five ultra-fast charging sites in upstate New York. The sites are supported by the New York State Energy Research and Development Authority (NYSERDA), and are located in Cortland, Waterloo, Lake Placid, Niagara Falls, and Ripley. Drivers may find, use and pay for charging at these locations via the ChargePoint mobile app.

“ChargePoint’s collaboration with NYSERDA demonstrates the critical role that public-private partnerships will continue to play in the build out of charging infrastructure, particularly at the state level,” said Rick Wilmer, CEO of ChargePoint. “When all types of institutions work together to defray costs, much-needed EV charging infrastructure can scale at an accelerated pace.”

NYSERDA President and CEO Doreen M. Harris said, “NYSERDA is proud to work with ChargePoint to bring these fast chargers to Cortland, Waterloo, Lake Placid, Niagara Falls, and Ripley. This private-public investment will expand access to reliable public charging for a growing number of electric vehicle drivers while helping to reduce pollution and improve air quality across the state.”

NYSERDA’s support, through its Clean Transportation program, enables the build-out of critical EV charging infrastructure across New York State, reducing the capital investment needed to deploy public charging sites. This includes building out access in underserved communities, defined as disadvantaged communities by New York State’s Climate Justice Working Group. Fifty percent of the fast-charging stations funded through this program will be located in communities designated as disadvantaged.

NYSERDA | https://www.nyserda.ny.gov/All-Programs/Charging-Station-Programs

ChargePoint | https://www.chargepoint.com/

UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, has filed a lawsuit against Fly-E Group, Inc. (NYSE: FLYE), its subsidiaries – including Fly E-Bike, FlyBwy, and FlyCycle – and several executives for allegedly counterfeiting the UL Mark to falsely advertise their entire line of e-bikes, e-scooters and e-motorcycles as UL Certified when they did not undergo the company’s product testing.

The complaint alleges that Fly-E Group’s unauthorized use of the iconic UL Mark – which is a well-known symbol of safety and trust around the world – was aimed to deceive consumers into believing that its e-mobility devices were tested and certified by UL Solutions. The company is seeking a permanent injunction against the defendants from any further unauthorized use of the UL Solutions trademarks, statutory damages and punitive damages for intentional infringement and reckless disregard for consumer and public safety.

The UL Mark has been used since at least 1937 and appears on billions of products signifying that a product has been certified to meet thorough scientific safety, performance or security standards.

Within the complaint, Fly-E Group has also been accused of:

• Engaging in federal trademark infringement and counterfeiting.
• Using false and misleading descriptions and representations in violation of the Trademark Act of 1946.
• Engaging in unfair competition in violation of New York common law.
• Engaging in unjust enrichment.
• Engaging in deceptive trade practices in violation of the New York Deceptive Trade Practices Act.

For the issues raised in the complaint, UL Solutions is seeking a trial by jury.

UL Solutions | https://www.ul.com/

SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 7.2 MW DC ground-mount solar power project known as the Jordan Rd, Gainesville project (the "Project") on a site located in upstate New York. With a secured site lease and interconnection study underway, the Project is another key addition to SolarBank's expanding development pipeline—which exceeds one gigawatt—as well as the Company's commitment to advancing community solar.

Assuming the Project's interconnection study is successful, the Company will continue to work to complete the permitting process and secure the necessary financing for the construction of the Project. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority ("NYSERDA") NY-Sun Program.

Once completed, the Project will be operated as a community solar project. Community solar is a group of solar panels with access to the local electricity grid. Once the panels are turned on and generating electricity, clean energy from the site feeds into the local power grid. Depending on the size and number of panels the project has, dozens or even hundreds of renters and homeowners can save money from the electricity that is generated by the project. By subscribing to a project, a homeowner earns credits on their electric bill every month from their portion of the solar that's generated by the project, accessing the benefits of solar without installing panels on their home.

Solar Simplified handles all customer-facing activities for the Company's community solar projects, allowing it to focus on developing and expanding its renewable energy portfolio. Solar Simplified's expertise in acquisition, enrollment, and management ensures full project subscription and maximized revenue from day one. With a business model that aligns seamlessly with the Company's, this partnership drives sustainable growth, enabling the Company to accelerate development, bring more projects online each year, and create greater value for its business and the communities served by the Company.

There are several risks associated with the development of the Project. The development of any project is subject to receipt of interconnection approval, receipt of a community solar contract, required permits, the continued availability of third-party financing arrangements for the Company and the risks associated with the construction of a solar power project. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power, which could result in future projects no longer being economic. Please refer to "Forward-Looking Statements" for additional discussion of the assumptions and risk factors associated with the Project and statements made in this press release.

SolarBank Corporation | www.solarbankcorp.com

SolaREIT, the leading solar and battery storage real estate investment company, announced the expansion of its revolving credit facility to $60 million through an increased commitment from Atlantic Union Bank (NYSE: AUB) and the syndication to EagleBank (NASDAQ: EGBN). Atlantic Union Bank served as the sole book runner and administrative agent for the facility, leading the structuring and syndication efforts.

This marks the third upsize of the facility in less than two years, reflecting growing confidence in SolaREIT's business model and the increasing demand for solar and storage land financing solutions. The facility provides SolaREIT with additional capital to meet growing demand from solar and battery energy storage developers. The company's innovative financing solutions help developers and landowners maximize the value of their real estate assets while advancing clean energy deployment.

"We’re thrilled to be partnering with Atlantic Union Bank and EagleBank to provide financing solutions to clean energy developers. This expanded facility demonstrates the financial community's confidence in our business model and team," said Laura Klein, CFO of SolaREIT. "As the clean energy transition accelerates, developers need reliable, flexible financing solutions. This increased capital allows us to continue scaling our support for solar and storage projects across the country."

"This third expansion of SolaREIT's credit facility demonstrates both their excellent execution and the robust demand for solar and storage land financing," said John Lester, SVP and commercial relationship manager at Atlantic Union Bank. "We're proud to continue growing our partnership with a company that's helping accelerate clean energy deployment through innovative real estate solutions."

"Eagle Bank recognizes the crucial role that innovative financing plays in advancing clean energy development," said Toby Haggerty, SVP and C&I relationship manager at EagleBank. "SolaREIT's unique approach to renewable energy real estate financing makes them an ideal partner, and we're excited to support their continued growth."

Solar and battery storage development require significant real estate investment. SolaREIT partners with developers and landowners to provide capital solutions that optimize land value and support project development. The company's practical, streamlined financing options deliver maximum flexibility based on clients' individual needs, financial goals, and vision for their land.

SolaREIT | https://www.solareit.com/

Atlantic Union Bank | https://www.atlanticunionbank.com/

Eagle Bancorp | https://www.eaglebankcorp.com/

Uncertainty in the US offshore wind market has opened up a unique opportunity for Europe and APAC to accelerate offshore wind volume growth together. This is according to Ramboll, a leading full-service wind consultancy, that recently strengthened its presence in APAC through the acquisition of K2 Management (K2M), a leading renewable energy consultancy with extensive operations and offshore wind expertise in the region.

Tim Fischer, Director for Ramboll’s Global Wind Division, said: “Trump’s election has undoubtedly reduced the confidence in parts of the offshore wind industry for some time – but we need to recognise how shifting momentum can help us turn adversity into opportunity.”

“Developers, investors and OEMs are already turning their attention back to home markets – offering a chance for Europe and APAC to work together on accelerating offshore wind growth. Improved collaboration between the two regions is critical to driving the necessary increases in volume needed to make a success of global offshore wind.”

While Europe leads in many areas of offshore wind technology development and APAC is still in the early stages of development in many countries, collaboration is essential to increase the volume of projects in both markets and hit upcoming targets – and neither region can do it alone. To strengthen ties, and accelerate growth, Ramboll argues that Europe and APAC must take the following steps:

1. Enhance supply chains and vessel fleets – Trump’s election will cause a temporary slowdown in US offshore wind supply chain development – creating a much-needed opportunity for Europe and APAC to plug emerging gaps in regional supply chains and vessel fleets and to apply more focus investments. While maximizing use of local supply-chains for each local region, APAC can benefit from Europe’s world-leading position in WTG and monopile foundation supply. At the same time, Europe can tap into APAC’s HV equipment supply chain as well as massive production capacities for large-scale, complex steel structures (jackets and substations).
    
2. Joint investments and market expansion – Investors and developers who might have backed and constructed US offshore wind projects may now seek joint ventures in high-growth markets like Taiwan, South Korea, UK and Germany. European and APAC governments can help facilitate the redeployment of capital and resources by providing funding and financial guarantees that help to de-risk offshore wind projects. Recent announcements of Japanese investors acquiring shares in European projects or company joint-ventures are already first signs of it.
    
3. Knowledge and technology sharing – Europe, with its decades of offshore wind experience, can share industry best practices with APAC in areas like project/turbine design, regulatory development and grid integration. This will be critical to ensuring APAC avoids the same pitfalls as Europe.
    
4. Accelerating floating wind – Floating wind is central to the next phase of offshore wind growth. However, the technology is currently still seen as high risk and complex, and knowledge sharing on floating wind designs between Europe and APAC will be critical to speeding up development and adoption.

“Ramboll is committed to helping wind developers and investors across the world accelerate their ambitions. By combining Ramboll and K2M’s extensive track records in wind energy, we will be able to meet the evolving demands of our global clients and support all aspects of wind project development,” added Fischer. “With our global presence in nearly 30 countries, we see ourselves as independent bridge builders of bringing the global offshore wind business together and support to accelerate its growth.”

Over the last three years, Ramboll has successfully scaled its wind business from a primary foundation designer to a full-service wind consultancy combining advisory and engineering services. To further enhance its wind business and provide a truly integrated and global full-service offering to clients, Ramboll acquired K2 Management in August 2024.

Ramboll's Global Wind Division now encompasses close to 1,000 experts across nearly 30 countries, with new local presence in Vietnam, Thailand, Taiwan, and Portugal. With the new setup, Ramboll has expanded its support both in Europe and APAC, facilitating further global knowledge-sharing and faster global adoption of offshore wind.

Ramboll | https://www.ramboll.com/en-us