LGCY Power Expands Residential Solar Business Through National Homebuilder Partnerships

Range Energy, a pioneer in commercial trucking electrification, announced a partnership with ESL Power Systems, Inc. (ESL), a manufacturer of safe and reliable charging solutions, to provide affordable, practical, and scalable charging solutions for Range’s advanced eTrailer System, which turns large diesel trucks to hybrid-electric. The partnership concretely highlights the opportunity to leverage existing shore power infrastructure and affordable charging hardware to support the transition of commercial trucking fleets to electric and hybrid-electric operations.

As part of the collaboration, Range will work towards adding an ESL charging solution to its portfolio of practical electrification offerings. In preparation for this, the companies will conduct interoperability testing, ensuring seamless integration and optimizing charging efficiency for electrified trailers. Additionally, Range and ESL will engage with air quality regulators on projects to demonstrate the commercial feasibility of using the Range system in real-world operations, as well as to showcase the environmental and operational benefits of electrified transport refrigeration unit (TRU) fleets operating within California. To support this, ESL will contribute 480V 3-phase charging hardware for installation at fleet sites, which will be used throughout the duration of the demonstration projects. Following completion of the projects, the chargers will be owned by the relevant fleet sites, further supporting their transition to electric operations.

“Collaborating with ESL represents a critical step towards electric and hybrid-electric commercial fleet operations,” said Jon Foster, CEO, Range Energy. “By demonstrating the real-world feasibility of affordable alternating current (AC) charging to support electric and hybrid-electric fleet operations, we are proving that practical electrification solutions exist today.”

“Fleet operators are increasingly looking for dependable and scalable charging infrastructure to support electrified operations. We are fulfilling that need by providing a high-performance charging solution that enables Range’s system to seamlessly integrate into fleets’ daily operations,” said Jonathan Daou, Product Manager, ESL. “This is important to ensure that the integration of electric equipment doesn’t negatively impact fleet operations, while simultaneously supporting commercial trucking’s transition to electric power for a more sustainable future.”

Range Energy | https://range.energy

ESL Power Systems | https://eslpwr.com/

G&W Electric, a global leader in innovative power grid solutions, announces a strategic investment in Safegrid, a leading provider of intelligent grid monitoring solutions based in Espoo, Finland. This investment aligns with G&W Electric’s commitment to innovation and deepens its expertise in fault location and predictive technologies for medium voltage grids.

Safegrid is the developer of the Intelligent Grid System, an advanced platform utilizing instant-on wireless sensors and cloud-based analytics to help utilities and grid operators locate, predict, and prevent grid faults. Safegrid’s compact, easy-to-install solution has gained traction among utilities in Finland and neighboring countries and is rapidly expanding into the United States and European markets.

“The smart grid sector is undergoing a transformative shift driven by decarbonization, decentralization, and digitalization. At G&W Electric, we continuously seek opportunities to advance grid reliability and resiliency through cutting-edge technology,” said John Mueller, chairman and owner of G&W Electric. “Our investment in Safegrid supports our vision of integrating smart monitoring and predictive analytics into power distribution solutions, helping utilities proactively address grid challenges.”

This investment provides G&W Electric with several strategic advantages, including insights into system-level challenges affecting grid performance and the opportunity to collaborate on joint research projects. This synergy will enable utilities to monitor the age and health of installed electrical equipment more effectively, improving grid resilience and fault prediction, particularly in extreme weather conditions.

“G&W Electric’s strategic investment demonstrates their strong commitment to our technology and team,” stated Paula Laine, CEO of Safegrid Oy. “Our partnership comes at an important time in Safegrid’s history as we continue to make strong inroads into the U.S. with an expanding customer base, growing demand for smart fault solutions, and the recent appointment of our founder, Jussi Hakunti, as our new president of Safegrid USA.”

At the same time, this collaboration reinforces G&W Electric’s role as an innovator in power grid automation and strengthens its ability to provide AI-enhanced, data-driven insights that boost grid resilience and help our customers predict and prevent system failures before they occur.

G&W Electric | www.gwelectric.com

Safegrid Oy | www.safegrid.io

The Georgia Institute of Technology and Stryten Energy LLC, a U.S.-based energy storage solutions provider, announced the successful installation of Stryten Energy’s Lead Battery Energy Storage System (BESS) at the Carbon Neutral Energy Solutions Laboratory (CNES). The CNES building, located in the North Avenue Research Area of the Georgia Tech campus, houses the Strategic Energy Institute (SEI), an interdisciplinary research institute focused on energy research, and multiple research groups dedicated to renewable energy and energy infrastructure-related topics.

The installation aims to create a living-learning lab on campus that supports research and real-world applications of medium-duration energy storage solutions. Lead BESS was selected for this initial installation due to its cost-effectiveness, high discharge rates, and recyclability, backed by extensive research demonstrating its reliable performance. The BESS is a dynamic storage system that integrates renewable energy sources into the existing power mix, providing stable and dependable backup power and reducing grid dependency during peak hours. With its additional components and software, the system is capable of bi-directional charging, allowing current to flow into the battery for charging and out of the battery to power the grid or microgrid.

“Georgia Tech's strategic plan envisions our campus as a dynamic laboratory and experimental test bed, where sustainable practices are seamlessly integrated into our operations,” said Christine Conwell, SEI’s interim executive director. “Through enduring partnerships with organizations like Stryten, we are creating mini ecosystems that yield valuable situational data to help chart a path for innovative energy research well beyond the campus.”

“As solar and other renewables hit the market years ago, large utility-scale implementations were clearly the focus,” said Scott Childers, vice president of essential power at Stryten Energy. “With the introduction of this BESS powered by lead batteries, we see behind-the-meter applications getting their day in the sun. We are particularly excited about deploying this unit in commercial and industrial microgrids and paired with EV charging stations to help the U.S. achieve its energy goals. Georgia Tech has been a tremendous partner, and we are excited about demonstrating the advantages of lead BESS from cost savings, technology, environmental, and safety perspectives.”

Richard Simmons, SEI’s director of research and studies, called the Stryten lead BESS system an enabling piece of the Distributed Energy Resources (DER) puzzle. At the CNES lab, Georgia Tech researchers can now control charging and discharging cycles for the battery in coordination with the existing Solar PV array and the new EV charging test bed. This research tool will allow the time-shifting of peak solar input by several hours to meet late afternoon building loads and store renewable energy for the overnight charging of campus vehicles.

The role of DERs in the broader energy landscape is a crucial area of research, particularly understanding their impact on the grid, their contribution to system reliability, and their effect on energy costs. This research is especially important in the context of the ongoing transition to clean energy.

“It is our hope that the lead BESS will be one of several living lab battery pilots at Georgia Tech,” Simmons said. “Along with regional partners, our researchers are exploring similar R&D and testing projects involving flow batteries that can facilitate longer-duration storage, as well as lithium-ion BESS that may integrate second-life EV battery modules for grid resilience, driving advancements in sustainable energy research.”

Stryten Energy | https://www.stryten.com/

Georgia Institute of Technology | https://www.gatech.edu/

kWh Analytics, the market leader in Climate Insurance, announced a successful collaboration with Nextracker, a global leader in advanced solar energy solutions, that resulted in a 50 percent reduction in severe convective storm deductible for a solar project in Arkansas. This partnership demonstrates how strategic technology implementation can significantly improve insurance terms while enhancing risk mitigation for renewable energy assets.

The collaboration was initiated when traditional carriers became unwilling to cover a municipal solar developer’s hail risk, a growing challenge for solar assets in severe weather regions. kWh Analytics, recognizing that the project employed Nextracker's solar tracking systems, developed an innovative insurance structure with comprehensive hail limits with low deductibles contingent on the implementation of Nextracker NX Horizon Hail Pro automated stow technology.

“This collaboration with Nextracker exemplifies how data-driven underwriting can incentivize resilience measures and benefit all stakeholders,” said Jason Kaminsky, CEO of kWh Analytics. “By quantifying the risk reduction from advanced technologies like automated hail stow, we’re able to offer significantly improved insurance terms.”

The NX Horizon tracker system features core technology that enables rapid stowing without relying on grid power. The Nextracker asset management team collaborated with the municipal utility to upgrade existing tracker systems to include Hail Pro control system hardware and firmware, unlocking automatic stow capability. These enhancements included integrating DTN hail forecasting service and Nextracker’s tailored hail stow thresholds, which trigger automatic stowing based on hail size, proximity to the site, and likelihood of impact.

“As extreme weather events become more frequent, having the ability to actively mitigate hail risk is becoming essential for solar asset owners and insurers,” said Andrew Griffiths, vice president asset management, Nextracker. “Our Hail Pro technology is delivering measurable value by keeping critical infrastructure operating in the field, and in this case, contributing to lower insurance deductibles. This collaboration proves that smarter tracker design and advanced software can strengthen asset resilience and improve project economics.”

For the developer, the benefits extended beyond insurance savings to operational improvements and peace of mind. “This is so much easier and lets us sleep better at night and focus on preserving utility services for our community members,” said the municipal utility operations manager.

This collaboration exemplifies how partnerships across the renewable energy industry can deliver tangible benefits for all stakeholders. When technology providers, insurers, and asset owners work together, they create innovative solutions that can reduce risk, lower costs, and enhance project reliability.

You can learn more about the insurance deductible benefits resulting from this collaboration in kWh Analytics’ case study.

kWh Analytics | https://www.kwhanalytics.com/

Nextracker | https://www.nextracker.com/

SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to announce its plans to develop a 4.584 MW DC ground-mount solar power project known as the Forest Hill Rd 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.

The Project will be eligible for the VDER rate compensation mechanism under NY Public Utility Commission case 15-E-0751. The year one average compensation is currently projected at $0.0971/kWh. The VDER (Value of Distributed Energy Resources) rate for solar projects in New York is the rate payable to the owner of the Project in return for the energy that is supplied to the grid.

Dr. Richard Lu, CEO of SolarBank Commented: "We continue to execute on our development pipeline of community solar projects. I also want to comment on the recent announcement of increased tariffs on south-east Asia solar cells and SolarBank's plans to manage its supply chain. SolarBank has not been importing solar panels from any of the four countries that are subject to the tariffs announced by the U.S. Department of Commerce on April 21, 2025. As a result its present operations are not affected by this announcement. In addition, SolarBank has been exploring sourcing solar panels from other jurisdictions such as the Middle East and North America, where (domestic assembled) solar panels are becoming cost competitive with the panels imported from Asia. SolarBank also has significant development opportunities in Canada where solar panels are not subject to the same tariffs. Finally, I am expecting that electricity costs will increase in response to these tariffs which will further mitigate the financial impact on projects. Overall, SolarBank is well positioned to manage this risk."

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. The Company is targeting incentives of up to $0.345/W DC for the Project. These incentives are a one time payment that are used to help support the financing required for the Project.

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

Conductor Solar, a deal platform for commercial and community solar projects, announced a new report analyzing data and drawing insights from M&A activity in 2024. This first-of-its-kind snapshot sheds new light on an overlooked part of the market.

This report is made possible by a rich data set of detailed project information from sellers and standardized bids from buyers. Sellers created 887 projects on the platform in 2024, totaling over 1 GWdc of proposed system capacity. And qualified projects were cross-referenced with over 75 potential buyers and received bids from 39 discrete buyers.

Key findings include:

• Broader geographic distribution in commercial and industrial projects

• A base of sellers dominated by developers and contractors

• Asymmetric deal volumes by number of deals and deal value, and

• A median bid spread of 17% from an average of 3.3 buyers per opportunity

“We’re excited to give this snapshot to the industry. I tell people all the time that we have a unique vantage point seeing hundreds of deals every year. I finally get to show it! And it’s important to me because this segment of the market is often overlooked and misunderstood.” - Marc Palmer, CEO

Solar energy’s middle market includes everything in between the residential and utility segments. Like an overlooked middle child, it never receives the same attention as those segments on either side. It is even sometimes called “non-residential”.

“The messy middle is fascinating and challenging. We’re working to make it easier for buyers and sellers, and this report gives everyone a new baseline. I think a lot of people will be surprised by the price dispersion, we certainly were. This part of the market is far from standardized, and buyers take different views on key pricing variables.” - Aaron James, COO

Download the free report here: https://conductor.solar/2024data

Conductor Solar | https://conductor.solar

Trina Storage, a global leader in energy storage solutions, has partnered with FlexGen, a leading battery energy storage solution and energy management software provider, to deliver a 371 MWh battery energy storage system in Houston, Texas. The project, developed by SMT Energy, marks a significant milestone as Trina Storage's largest grid-scale deployment in North America, reinforcing the company's confidence in the energy storage market amid rising demand in the region from data centers, AI and electrification.

This large-scale storage project utilizes Trina Storage's advanced Elementa 2 solution, designed to optimize energy performance and reliability while mitigating operational risks, along with long-term services provided together with FlexGen to ensure asset reliability.

FlexGen will provide system integration and deploy its HybridOS energy management software, which enables site operators to manage systems with ease, detect issues faster, predict maintenance needs, and ultimately maximize operational efficiency.

"This collaboration with Trina Storage and SMT Energy represents another major step in accelerating the deployment of flexible energy storage assets to meet growing demand," said Diane Giacomozzi, Chief Operating Officer at FlexGen. "By pre-integrating FlexGen HybridOS with Trina's Elementa 2 energy storage solution in our Durham Innovation Lab, we're enabling faster project delivery and optimized performance from the first moment of operation."

"This project is a testament to Trina Storage's ability to provide a fully bankable, integrated energy storage solution that meets the evolving needs of the market," said Terry Chen, Vice President, Trina Storage North America. "As our first grid-scale deployment in North America, this achievement reflects the industry's confidence in our technology and our commitment to de-risking energy storage investments and supporting the energy transition in the region."

The involvement of well-established equity and tax offtake partners, including Macquarie and KeyBank, reinforces investor confidence in Trina Storage's solutions and underscores the system's strong investment profile, long-term reliability, and value in the energy storage market.

By redefining reliability and efficiency in energy storage, Trina Storage's Elementa 2 solution provides a streamlined, high-efficiency approach to large-scale installations, reducing project complexity and accelerating deployment timelines. By integrating directly with the FlexGen HybridOS platform, this system ensures optimized asset performance and long-term reliability.

"This project reflects SMT Energy's commitment to delivering bankable, high-performance storage solutions by uniting world-class technology partners to meet the growing demands of a rapidly evolving grid." said David Spotts, Co-Founder and Managing Partner of SMT Energy.

As Trina Storage accelerates its momentum in North America, this project exemplifies how integrated, risk-resilient storage solutions are shaping the future of power. To learn how Trina Storage can support your next project, connect with our energy storage experts at ACP Cleanpower in Phoenix, Arizona next month.

Trina Storage | https://www.trinasolar.com/sites/en-glb/storage/index.html

FlexGen Power Systems | https://www.flexgen.com/