Renewable Energy Magazine

Nov 04, 2025

PowerBank Receives $1.47 Million USD from NYSERDA for Geddes Solar Project

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, is pleased to announce that its operational 3.79 MW Geddes Solar Power Project (the "Project") in New York State has received its Commercial Operation Payment of $1.47 million USD through the New York State Energy Research and Development Authority (NYSERDA) NY-Sun Program. The Project qualified for the Megawatt Block, Community Adder, and Landfill/Brownfield Adder under the program. The Project is also expected to receive an additional $245 thousand USD through the Inclusive Community Solar Adder, also through NY-Sun.

The NY-Sun Program is a public-private partnership that aims to drive growth in the solar industry and make solar technology more affordable for all New Yorkers. Led by NYSERDA, the program provides incentives and financing to expand solar adoption for homes, businesses, and communities, while supporting local job creation and advancing the state's clean energy goals. The Community Adder is designed to accelerate the growth of community solar projects by providing additional financial incentives for developers. It is only awarded to Community Distributed Generation Projects that are ineligible for the Market Transition Credit or Community Credit. The Landfill/Brownfield Adder is available for ground-mounted solar electric systems on brownfields or landfills for nonresidential and commercial/industrial projects. The Inclusive Community Solar Adder (ICSA) is for community solar projects that serve subscribers who earn low-to-moderate incomes or live in affordable housing and other facilities serving disadvantaged communities. The ICSA aims to make community solar and the associated electricity bill savings accessible to these communities, and to reduce operating costs for affordable housing and non-profit organizations that serve disadvantaged communities.

The Geddes Project is built on a closed landfill and delivers enough energy to power approximately 450 homes annually. The Project is operating as a community solar project. Community solar is a solar photovoltaic system interconnected directly to the local electricity grid via distribution lines. Once the system is placed into service by the utility 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, homeowners and electricity customers 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. This allows homeowners to realize a reduced cost per kW/hour from the power they consume versus standard utility rates.

PowerBank's proven expertise, with over 100 MW of completed projects and a development pipeline exceeding 1 GW, underpins the project's execution. Strategic partnerships and institutional-grade development capabilities position PowerBank to deliver reliable, high-impact renewable energy solutions.

The Geddes Project advances New York's path to 10 GW of solar by 2030. The State leads the United States in community solar capacity, having achieved the New York State Climate Act 6 GW solar goal in the fall of 2024.

PowerBank Corporation | www.powerbankcorp.com

Nov 03, 2025

Litus LiNC Delivers Breakthrough Pilot Results, Proving the Commercial Viability of its Nanotechnology-Based Lithium Extraction

Litus, the critical mineral and battery metal company pioneering nanotechnology solutions for sustainable lithium extraction, has just announced game-changing results from its Litus LiNC pilot unit deployed in Texas. After processing thousands of liters of brine, the system achieved over 98% sustained lithium removal with unprecedented material stability, clearly demonstrating that the Litus LiNC process is both technically ready to scale and is commercially profitable. The Litus LiNC modular solution is validated and ready to be inserted into oil field operations, world salars, geothermal brines, lithium-rich mineral dissolutions, unlocking reservoirs as new sources for global energy storage and electrification.

Litus takes the economics of lithium extraction to highly profitable commercial levels with minor environmental impact, increasing the world supply of cleaner, portable power generation.

“These results are a turning point,” said Dr. Ghada Nafie, CEO and Co-Founder of Litus. “For years, the industry has been searching for a direct lithium extraction technology that is sustainable, efficient, reliable, and truly scalable. With Litus LiNC, we have achieved that vision. This pilot proves our technology works in the field with consistency, efficiency, and economics that will transform the lithium industry.”

At the heart of this success is Litus’s proprietary nanocomposite, designed and manufactured in-house in Calgary using green chemistry. Using the Litus LiNC nanocomposite, the company’s pilot has demonstrated consistent performance across variable brine chemistries, highlighting the robustness and adaptability of the material that operated continuously, seven days a week, for over 5,000 pumping hours with zero decline in the nano’s capacity. The results validate both the performance and the economics across both low and high lithium concentrations. Litus LiNC demonstrates exceptional stability, repeatability, and reproducibility through multiple cycles, underscoring the durability of its patented nanocomposite material.

Litus LiNC operates with minimal environmental impact. Unlike other methods that depend on costly purified water, Litus LiNC operates effectively with fresh municipal water, proving its adaptability to real-world operating conditions. With an energy demand of only ~8 kWh per cycle, Litus LiNC combines ultra-low power and water consumption with full automation and remote control, offering industry a low-cost, low-risk, additional revenue stream.

Data from the site is streamed to Litus’s Calgary facility and servers, where the system performance is constantly monitored and controlled remotely. The thousands of data points collected from the field are critical for process optimization and insights. Through advanced analytics and AI driven modeling, this digital integration positions Litus LiNC as a next-generation smart extraction platform.

The results confirm: lithium extraction can be efficient, profitable, and environmentally responsible at the same time. With plant economics that remain profitable even when lithium prices are low, the Litus LiNC process is now proven and feasible for the next stage of commercial scale-up.

“With this pilot, we’ve shown the world that Litus LiNC is real and ready,” said Dr. Nafie. “This is the future of lithium extraction: clean, smart, scalable, and ready to power the global energy transition.”

Litus | https://litus.com/

Nov 03, 2025

Energea Launches Private Wealth Channel Offerings for Global Energy Infrastructure Investments

Energea, a global leader in solar energy infrastructure investing, announced it has launched new share classes for its existing strategies in the private wealth channel. These new offerings will now make energy infrastructure investing more accessible to financial advisors, broker-dealers, wealth platforms, and their clients.

The Energea Global Infrastructure Portfolios are Regulation D offerings under SEC Rule 506(c), and are available for accredited investors and their advisors. They provide access to a diversified portfolio of global energy infrastructure assets through multiple share classes with different advisor compensation models. The portfolios are designed to provide a long-term income stream and are backed by institutional-grade underwriting.

“After building a successful investment track record with both retail and institutional investors, we’re thrilled to be able to open our strategies up to the private wealth channel,” said Mike Silvestrini, Co-Founder and Managing Partner at Energea. “Over the years, we have seen strong interest from financial advisors and wealth platforms and we are excited that they can now share in our mission to drive innovation, growth, and impact in the renewable energy sector.”

Since inception, Energea’s portfolios have generated a 12% realized IRR for investors. Since 2020, the Company has invested nearly $500 million in energy infrastructure.

Energea’s current investment opportunities include the following strategies:

Community Solar in Brazil – A portfolio of solar plants serving energy to thousands of small businesses and household subscribers
Solarize Africa – An assortment of rooftop projects and utility-scale projects that employ a range of risk mitigating strategies
Solar in the USA – A portfolio of solar projects backed by long-term energy contracts with U.S. businesses and utility companies

“As portfolio models evolve beyond a traditional mix of stocks and bonds, infrastructure strategies like ours have emerged as a core allocation for investors seeking stable, long-term returns,” said Chris Sattler, Co-Founder and Managing Partner of Energea. “With inflation-linked cash flows, low volatility, and strong downside protection, infrastructure is no longer a niche alternative, but rather a strategic building block. We look forward to working with our new distribution partners in the private wealth channel and helping their clients reach their objectives.”

“Energea has always been a technology-first investment manager,” said Gray Reinhard, Managing Partner and Chief Technology Officer at Energea. “We’ve built a platform that delivers real-time performance data, transparent share pricing, and automated compliance—capabilities that are rare in private markets. By integrating operational data directly from our projects, we provide investors and advisors with a level of insight and accessibility that sets a new standard for private infrastructure investing.”

Energea offers several share classes, each tailored to a different type of investor or distribution partner. Class A shares are open to all investors, while additional classes are reserved for registered investment advisers (RIAs), broker-dealers, and other wealth professionals. These classes differ in fee schedules, commission structures, and platform-access options so that advisers can select the arrangement that best fits their clients' needs.

Energea | energea.com

Nov 03, 2025

Pylontech Announces the Official Opening of Its Australian Subsidiary, Strengthening Its Global Energy Storage Footprint

Pylon Technologies Co., Ltd. ("Pylontech", SSE: 688063), a global leader in energy storage systems, is pleased to announce the official opening of its Australian subsidiary in Sydney. This milestone represents a major step forward in the company's global expansion strategy and reinforces its long-term commitment to the Australian and New Zealand energy storage markets.

The establishment of Pylontech Australia signifies the company's full operational readiness, providing localized sales, technical services, supply chain coordination, and customer support to better serve its partners and clients across the region.

"Australia has been one of the most dynamic energy storage markets in the world, and we are proud to have been part of its journey since our first system was installed here over a decade ago," said Geoffrey Song, Vice President of Pylontech. "The launch of Pylontech Australia demonstrates our dedication to supporting local partners through closer collaboration, faster service, and more comprehensive solutions."

Australia has become one of the world's most mature and fastest-growing energy storage markets, driven by ambitious national energy transition targets. The government aims to cut emissions by 62–70% below 2005 levels by 2035, supported by programs such as the Cheaper Home Batteries initiative that help households join the clean energy transition. With the new subsidiary now fully operational, Pylontech will further accelerate the delivery of residential, commercial, and utility-scale energy storage solutions — contributing to Australia's progress toward a clean, reliable, and resilient energy future.

"By establishing a local presence, we aim to be closer to our customers — not only geographically, but also strategically," added Ned Yu, General Manager of Pylontech Australia. "This milestone enables us to serve the market with even greater agility, innovation, and responsiveness."

The opening of Pylontech Australia reaffirms the company's mission to empower global energy transformation through safe, reliable, and sustainable energy storage solutions.

Pylontech | https://en.pylontech.com.cn/

Nov 03, 2025

Solvita Completes Solar Panel Installation, Advancing Sustainability and Innovation Goals

Solvita and IGS Energy are proud to announce the successful completion of the “Sol Array”, a 1.5-megawatt ground mounted solar power installation at the Kettering Research Park location, marking a major milestone in Solvita’s ongoing commitment to saving and enhancing lives through the gift of tissue donation while decreasing our impact on the environment. The system is expected to generate approximately two million kilowatt-hours of clean, renewable energy annually—enough to power 200 homes per year.

“We’re excited to take this important step toward a more sustainable future,” said Christopher Graham, President and CEO at Solvita. “Installing solar panels not only helps us lower our environmental impact, but it also demonstrates our long-term investment in energy efficiency and growth in tissue graft production.”

Developed under a Power Purchase Agreement (PPA) with project owner and operator IGS Energy, and built by Kokosing Solar, the state-of-the-art array is now awaiting its final Permission to Operate (PTO) from the utility, which is expected imminently. “The success of the Sol Array reflects true collaboration between Solvita, IGS Energy, AES Ohio, Kokosing Solar, and the City of Kettering/Miami Valley Research Park. stated Maha Kashani Senior Regional Sales Manager at IGS Energy. “Together, we’ve brought innovation, sustainability, and economic growth to the region through one of its largest distributed solar installations.” This project is a testament to what is possible when community-focused organizations work together to build a more sustainable future.”

Solvita plans to continue exploring opportunities to improve growth and sustainability for the future.

IGS Energy | igs.com

Solvita | www.solvita.org

Nov 03, 2025

Former EPA Superfund Site Converted to Solar + Storage Plant by Distributed Energy Infrastructure

Distributed Energy Infrastructure (DEI), a leading EPC provider for utility-scale solar and storage projects, announces the completion of a new 7.1 MW solar + 4 MW battery storage project located in Acton, Massachusetts. Formerly occupied by a chemical manufacturing facility, the project site was previously designated an EPC Superfund site due to significantly contaminated soil, including asbestos.

solar in progress

The innovative approach used by DEI and its project partners, owner Syncarpha Capital and racking provider Terrasmart, led Solar Builder to name this project a finalist in the publication’s competitive Project of the Year 2025 Award for 1-10 MW projects. To construct safely on the site, DEI implemented strict environmental and health safeguards:

Crews trained in Hazwoper hazardous materials handling followed specialized health and safety protocols.

Excavation was minimized, with electrical infrastructure designed primarily aboveground to avoid disturbing contaminated soils.

The system was designed around existing structures, including old concrete slabs, to reduce site disturbance.

DEI coordinated with six regulatory agencies and established contingency plans to address any hazardous material discoveries.

When asbestos was discovered, certified specialists were brought in to analyze, document, and remove all hazardous material under regulatory oversight.

“Projects like Acton show what it takes to responsibly bring clean energy to communities while addressing the challenges of building on historically contaminated land,” said Sean Harrington, President and CEO of Distributed Energy Infrastructure. “By transforming a brownfield into a productive solar and storage site, we’re expanding access to renewable energy, strengthening the local grid, and putting otherwise unusable land back to work.”

As a brownfield project located on formerly unusable land, the Acton project delivers significant community and environmental benefits. It repurposes a contaminated Superfund site for productive use, preserves farmland and open space, and created nearly 40 local jobs during construction. The project provides clean energy through a community solar model paired with battery storage, boosting local grid resilience. It also expands the town’s tax base through new revenue and supports Massachusetts’ SMART and Clean Peak Standard goals, since it reduces strain on the grid during peak seasonal demand times.

“Brownfield redevelopment is a powerful way to expand clean energy access while addressing the legacy of industrial contamination,” said Graeme Dutkowsky of Syncarpha Capital. “This project demonstrates how DEI’s thoughtful, safety-first approach to building brownfield solar projects can turn an underutilized site into a long-term source of reliable power and local economic value.”

Distributed Energy Infrastructure | https://www.distributedei.com/

Nov 03, 2025

Enlight Secures Nearly $150 Million in Tax Equity Financing for Quail Ranch

Enlight Renewable Energy (TASE & NASDAQ: ENLT), a global renewable energy IPP and developer, announced that its U.S. subsidiary Clēnera Holdings has closed a tax equity agreement with Wells Fargo Bank N.A. (Wells Fargo) for the Quail Ranch project in New Mexico.

Under the agreement, Wells Fargo will provide tax equity financing, including a contribution following commercial operation (COD) of $131 million, expected to increase to nearly $150 million when including pay-go contributions over the first 10 years of operation.

The Quail Ranch project, a co-located solar and energy storage project totaling 128 MW of solar generation and 400 MWh of energy storage, involves a total investment of $275 million. The project is expected to achieve commercial operation towards the end of 2025. Once fully operational, it is expected to generate annual revenues of approximately $24 million in its first full operating year and EBITDA of around $17 million. The project shares interconnection infrastructure with Atrisco, leveraging Enlight’s “Connect and Expand” strategy to utilize large interconnections for incremental capacity and cost efficiencies.

Quail Ranch benefits from a 20-year busbar power purchase agreement (PPA) with Public Service Company of New Mexico (PNM), an investment-grade offtaker, consistent with Enlight’s U.S. projects to date and providing stable, long-term revenues over the contract term.

The tax equity financing is expected to provide production tax credits (PTC) for the solar component and investment tax credits (ITC) for the storage component. Quail Ranch is also expected to qualify for the 10% Energy Community Adder under the Inflation Reduction Act. Quail Ranch is Enlight’s fifth tax equity deal in the United States. Altogether, the company’s U.S. portfolio has nearly $1 billion in tax equity arrangements.

“The Quail Ranch tax equity deal marks another step forward in scaling our U.S. platform,” said Adi Leviatan, CEO of Enlight. “Welcoming a top-tier institution like Wells Fargo as our partner affirms both the strength of the project and the robustness of our portfolio strategy. We’re proud to continue building long-term, trusted partnerships that expand access to reliable, affordable clean power at scale.”

“The Quail Ranch facility builds on our success in New Mexico,” said Jared McKee, CEO of Clēnera. “Our partnerships power that success and this tax equity arrangement with Wells Fargo is one more way we are executing our growth strategy in the U.S.”

Enlight | www.enlightenergy.co.il

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Latest News

PowerBank Receives $1.47 Million USD from NYSERDA for Geddes Solar Project

Litus LiNC Delivers Breakthrough Pilot Results, Proving the Commercial Viability of its Nanotechnology-Based Lithium Extraction

Energea Launches Private Wealth Channel Offerings for Global Energy Infrastructure Investments

Pylontech Announces the Official Opening of Its Australian Subsidiary, Strengthening Its Global Energy Storage Footprint

Solvita Completes Solar Panel Installation, Advancing Sustainability and Innovation Goals

Former EPA Superfund Site Converted to Solar + Storage Plant by Distributed Energy Infrastructure

Enlight Secures Nearly $150 Million in Tax Equity Financing for Quail Ranch

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