The Solar Product Registry Set to Boost Solar Deployment

SolaREIT, a leading solar and battery storage real estate investment company, announced a new long-term debt commitment with SLC  Management, the institutional fixed income and alternative asset management business of Sun Life Financial Inc.. The agreement establishes a $200 million debt facility to support SolaREIT’s innovative land financing solutions for solar and battery energy storage system (BESS) developers nationwide. The capital will be used to expand deployment of SolaREIT’s core offerings: solar and storage land purchases, lease purchases, and land loans.

"This partnership with SLC Management strengthens our ability to deliver fast, flexible capital to developers, at a time when they need it most," said Laura Pagliarulo, CEO of SolaREIT. "The facility reflects growing institutional confidence in our business model and provides scalable access to low-cost capital in a challenging financing environment."

The facility is structured to support future issuances, making it an ideal platform to respond to growing developer demand. As energy storage and solar projects face rising capital requirements and evolving federal policies, SolaREIT’s tailored land financing solutions continue to provide an advantage to developers.

SolaREIT’s practical, proven financing tools are designed to provide maximum flexibility, tailored to each partner’s development timeline, financial strategy, and long-term vision. Since its founding in 2020, SolaREIT has financed the real estate for solar and energy storage projects valued at more than $3 billion across the United States.  The company began offering services for energy storage last year and have since closed more than $125 million in BESS transactions.

SolaREIT | https://www.solareit.com

SLC Management | slcmanagement.com

Hitachi Energy, a wholly owned subsidiary of Hitachi, Ltd., and global leader in electrification, announced a historic investment of more than $1 billion USD to expand the production of critical electrical grid infrastructure in the United States. These investments, among the largest seen in the electrical industry in the U.S., include approximately $457 million USD for a new large power transformer facility in South Boston, Virginia, along with significant expansions of existing facilities throughout the country.

The investments will help meet skyrocketing energy demand driven by AI data centers in line with the Trump Administration’s White House AI Action Planand promote domestic access to these critical grid technologies. This move also supports the power needs of American manufacturing and other sectors and much-needed grid expansion and modernization efforts. Collectively, these investments will create thousands of jobs, bolster electrical equipment supply chains in the U.S., and contribute to the development of innovative technologies to enhance the security and resilience of the U.S. grid.

“If we are going to win the AI race, reindustrialize, and keep the lights on, America is going to need a lot more reliable energy,” said Energy Secretary Chris Wright. “Thankfully, Hitachi is delivering. The Trump administration looks forward to continuing to partner with private industry to ensure the American people access to affordable, reliable, and secure energy and thousands of high-paying jobs."

“To lead in AI, America must lead in energy, and this investment proves we’re doing just that,” said Secretary of the Interior Doug Burgum. “Hitachi Energy’s historic investment in U.S. grid infrastructure is more than a single partnership, it signals a growing wave of investment in American energy. This momentum is driven by President Donald Trump's bold, pro-energy policies that are reigniting the American economy and powering the next generation of critical AI data centers with reliable, American-made energy." “Prioritizing domestic production of transformers accelerates President Trump’s energy dominance agenda by fortifying critical supply chains, strengthening U.S. energy security, and ensuring our nation can meet the growing energy demand. Investments like this are essential to powering AI infrastructure and advancing President Trump’s leadership in the global AI race,” said Jarrod Agen, Executive Director of the White House National Energy Dominance Council.

Central to this investment plan is the establishment of a state-of-the-art manufacturing facility in South Boston, Virginia, to produce large power transformers, which support applications like high-voltage transmission, power generation, AI data centers, and large-scale industrial applications.

This facility will be built alongside Hitachi Energy’s existing campus and will be the largest manufacturing site for large power transformers in the United States. This facility alone will create more than 825 new jobs in Southside Virginia, offering long-term employment opportunities in engineering, advanced manufacturing, and operations roles. These projects are part of a more than $9 billion USD global investment program, the largest in the industry, under which Hitachi Energy is expanding its manufacturing capacity, R&D, engineering, and partnerships to power the world’s energy system to be more reliable, secure, and resilient.

Hitachi | https://www.hitachi.com

Intelligent power management company Eaton is collaborating with Xendee Corporation, a provider of the leading design and operation platform for distributed energy and microgrid systems. Xendee’s cutting-edge microgrid modeling and operations platform combined with Eaton’s engineering expertise and proven power distribution technologies deliver a fully integrated microgrid solution. Eaton led a Series B financing round for Xendee Corporation to further accelerate the deployment of artificial intelligence (AI) powered tools for distributed energy resources (DERs), and to help power the next phase of Xendee’s growth. Together, the companies will provide customers a streamlined path to design, deploy and operate highly efficient, resilient microgrids and DERs.

According to the International Energy Agency, adoption of AI across the buildings sector alone could save up to 300-terawatt-hours (TWh) of energy annually. Eaton and Xendee will help customers leverage AI for new and existing microgrids using onsite energy sources, to sustainably meet energy demands, strengthen energy resilience and drive substantial operating cost savings.

“Together with Xendee, we’re unlocking new ways to help customers maximize the functionality and value of their microgrid investments across North America and Europe,” said Angie McMillin, president of Energy Solutions and Services at Eaton. “We’re confident that uniting Eaton’s proven microgrid expertise, intelligent power management solutions and services with Xendee’s advanced digital optimization technology will better position microgrid operators to seize the opportunities created by the energy transition.”

“Our partnership with Eaton allows us to provide a full-suite solution for microgrids by combining Xendee’s design and Model Predictive Control software and distributed energy modeling expertise with Eaton’s control hardware and expertise, providing microgrid project owners and developers what they need to implement systems at scale and maximize their return on assets,” said Adib Nasle, Co-Founder and CEO of Xendee.

The collaboration couples Eaton microgrid hardware and engineering service capabilities with Xendee’s AI-powered Model Predictive Control software, which continually evaluates and optimizes microgrid systems with AI forecasted alternatives. Xendee’s solution is hardware agnostic, allowing DER operators to seamlessly manage over 27 different types of technologies, including solar, battery energy storage systems, nuclear, linear generators, and combined heat and power. The solution will unlock real-time operational adjustments for microgrid systems that help lead to significant cost savings, enhanced resilience, reduced emissions and extended equipment lifespans.

Eaton will showcase its microgrid capabilities and expertise in booth #V8071, and lead three microgrid-focused educational sessions, during RE+ 2025. Learn more about how the company’s Everything as a Grid approach is helping communities and businesses reduce the cost and environmental impact of energy.

Xendee will lead two sessions at RE+ 2025, focused on a standardized and phased approach to powering data centers with distributed energy, and why developers are transitioning from PV-based systems to microgrids. Learn more about how Xendee’s approach to powering data centersstreamlines the creation of an optimal multi-year strategy for lower costs and maximum resilience.

Xendee | xendee.com/demo

Eaton | www.eaton.com

Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) announced the launch of its next-generation Low Carbon (LC) modules, which combine the latest wafer innovations with advanced heterojunction (HJT) cell technology. The Low Carbon modules achieve an industry-leading carbon footprint of just 285 kg CO₂eq/kW, one of the lowest among all silicon-based solar modules worldwide, setting a new benchmark in sustainable solar manufacturing.

Designed for utility-scale and commercial & industrial (C&I) applications, the new LC modules deliver up to 660 Wp output with module efficiency of up to 24.4%, with deliveries commencing in August 2025.

Canadian Solar developed the Low Carbon modules through proprietary innovations in ingot, wafer and HJT cell technologies. Each technology innovation has contributed to the reduction of energy consumption and carbon emissions:

1. Higher ingot utilization rate – Increasing ingot utilization rate by around 20%, thus lowering emissions by approximately 9.7% (or 30 kg CO₂ per kWp).
2. Thinner wafers – Reducing wafer thickness to 110 μm (compared to 130–135 μm in TOPCon/BC) for each solar cell, thus reducing silicon consumption and carbon emissions by 4.5%–5.5% (or 14–19 kg CO₂ per kWp).
3. Optimized HJT cell manufacturing – Streamlining production to just four steps (compared to 10–13 steps for TOPCon/BC solar cells) and lowering operating temperature to <230 °C (compared to 960°C–1050°C typically needed). This reduces energy consumption by 4.2%–5.7% (or 14–21 kg CO₂ per kWp).
4. Lower total energy consumption – Throughout the entire LC module production, the total energy consumption is around 105.62 MWh/MW, representing an energy saving of 8.8%–10.7%, compared to TOPCon and BC solar module production.

Altogether, these improvements shorten the carbon payback time of Canadian Solar's LC modules by approximately 11%, compared to conventional N-type silicon-based modules available today.

Canadian Solar's Low Carbon modules enable customers to achieve two goals at once - deploying one of the industry's most efficient, high-power modules while significantly reducing the carbon footprint of the solar power systems.

The LC modules are also fully compatible with Canadian Solar's inverter portfolio. For example, the 350-kW utility inverter portfolio features a 40 A MPPT DC input current, maximizing bifacial gain and maintaining excellent performance even in high-temperature environments up to 45 °C.

"We are proud to introduce our new environmentally friendly, low-carbon modules, marking a key milestone in sustainable solar manufacturing," said Thomas Koerner, Corporate Senior Vice President of Canadian Solar. "By combining advanced wafer innovations with heterojunction (HJT) cell technology, we are significantly reducing the carbon footprint of solar energy while maintaining the proven reliability and high efficiency Canadian Solar is known for."

Canadian Solar's low-carbon modules will be showcased at RE+ 2025 in Las Vegas, Nevada, from September 9 to 11, 2025. Visit Canadian Solar's booth V10031 to learn more.

Canadian Solar | www.canadiansolar.com

OMCO Solar, America's premier factory-direct manufacturer of solar trackers and fixed-tilt solutions, announces the launch of the OMCO Star Tracker Control System, available now nationwide.

Engineered to work seamlessly with OMCO Origin Factory-Direct Trackers, the OMCO Star TrackerControl System uses LoRa (long range) wireless technology – wireless communication range greater than 1 mile – resulting in far fewer network controllers required. This enables faster commissioning for sites of all sizes and delivers a lower total cost of ownership for clients. Built in one of OMCO Solar's five U.S. manufacturing facilities and backed by OMCO's 70+ years of American manufacturing expertise, the OMCO Star Tracker Control System gives our customers a dependable, high-performance solution. 

"The launch of the OMCO Star Tracker Control Systemis the culmination of years of collaboration by our engineering and in-house software teams, alongside valuable feedback from customers, installers, and partners. We are proud of the results — a solution that redefines how single-axis trackers perform in the field," says Lepolve Varpilah, Director of Electrical and Software Engineering.

Key OMCO Star Advantages:

• Field-replaceable battery for quick, cost-effective maintenance in the field – less than 3 minutes.
• Direct communication with many devices and fewer gateways required.
• Advanced weather features to withstand wind, hail, snow, overcast conditions, and flooding.
• Reliable dc controls for any climate with no need for AC cables, conduit, or trenching.

Gary Schuster, President & CEO OMCO says "Through its factory-direct model, OMCO Solar delivers the industry's shortest lead times, on-time shipments every time, complete domestic content, and direct access to engineering, manufacturing, and support teams. The addition of the OMCO Star Tracker Control System demonstrates OMCO Solar's dedication to continuous innovation and product development that meets the evolving needs of the solar industry."

 "At OMCO Solar, we believe in building the best team. You don't have to know every answer yourself — but together, we can find every answer." concludes Lepolve.

OMCO Solar | omcosolar.com

Arevon Energy, Inc., a leading American energy developer, owner, and operator, shared at RE+ 2025 its milestone achievements and ambitious growth ahead. The company owns and operates more than 5.3 gigawatts (GW) of solar, energy storage, and solar-plus-storage projects across 17 U.S. states, representing more than $10 billion in capital investment. With 1 GW of new capacity under construction and a 9 GW development portfolio as well as $4.5 billion in completed project financings over the last two years, Arevon is expanding into new markets and reinforcing its role in powering America's energy future. With every project, Arevon commits resources back into the host communities — strengthening schools, supporting essential services, and advancing the goals that matter most to local families.

Backed by a growing, mission-driven team, Arevon is advancing utility-scale renewable projects that deliver reliable homegrown energy, create local competitive-wage jobs, and generate lasting community benefits nationwide. The company's scale and performance have earned national recognition, ranking in the top 5% of solar companies in Solar Power World's 2025 Top Solar Contractors List. Arevon was also recognized as the top developer in California and the fourth largest solar developer nationwide.

"These milestones are a testament to the Arevon team, whose talent and commitment make these achievements possible," said Kevin Smith, Chief Executive Officer at Arevon. "Amid a record electricity demand surge in the U.S., our operating portfolio is reinforcing grid reliability, delivering dependable and affordable American power to millions across the country, and safeguarding national security as the U.S. leads in the global AI economy. Despite the challenging revisions to U.S. energy policy related to renewable energy, solar and energy storage will remain key to meeting future electricity demand requirements."

Arevon's Project Achievements and Advancements
Arevon's accomplishments are driven by its ability to bring renewable energy projects from development to financing through to construction and onto successful long-term operations. Over the course of the last year, Arevon has advanced more than 2,000 megawatts (MW) of projects into operations and started construction on 730 MW of new capacity.

Toward the end of 2024, Arevon began operations at its Vikings Solar-plus-Storage Project in Imperial County, California. The $529 million project, which is one of the first utility-scale solar peaker plants in the U.S., combines 157 MWdc of solar with 150 MW/600 megawatt hours (MWh) of battery storage, shifting low-cost daytime solar energy to higher-cost peak demand periods in late afternoons and evenings. Vikings's financial close was regarded as the nation's first utility-scale solar peaker plant to leverage tax credit transferability and was recognized by receiving IJGlobal's Renewables Deal of the Year – Energy Storage Award.

Also among Arevon's significant achievements was the August 2025 completion of its $2 billion Eland 1 & 2 Solar-plus-Storage Project in Kern County, California. Now fully operational, Eland delivers 758 MWdc of solar generation paired with 300 MW/1,200 MWh of energy storage, making it one of the largest installations of its kind in the nation. The project is capable of powering more than 266,000 homes annually, meeting 7% of Los Angeles's electricity needs, while its hybrid design enables day-to-night renewable delivery and bolsters grid reliability.

In Missouri, Arevon commenced construction on its Kelso 1 & 2 Solar Project, a $500 million private investment that will boost the state's installed solar capacity by almost 50 percent when operational. This two-phase project marks Arevon's first utility-scale solar development in Missouri and features an innovative Environmental Attribute Purchase Agreement with Meta, ensuring traceable renewable energy attribution. Kelso not only adds substantial American-made energy to the region but also channels targeted local investments into schools, infrastructure, and community services.

Additionally, the company announced commercial operations at its $300 million Peregrine Energy Storage Project in San Diego, a 200 MW/400 MWh standalone battery system designed to strengthen California's grid resilience and facilitate greater integration of renewable generation. Peregrine represents Arevon's fifth completed utility-scale energy storage facility in California and bolsters the company's position as a leader in battery storage development and operations.

Arevon also continues to advance construction on its almost $400 million Ratts 1 & Heirloom Solar Projects in Indiana, a combined 265 MW of capacity which are expected to be operational this year, and anticipates starting construction on its 124 MW Big Muddy Solar Project in Illinois before year-end. The company also partnered with local utilities to develop and build an additional 480 megawatts of solar energy in Indiana with the Gibson Solar and Posey Solar projects, ensuring each project was successfully integrated into their communities.

Arevon's $600 million Nighthawk Energy Storage Project, a 300 MW/1,200 MWh facility in Poway, California, is also under construction, and when operational, will be able to power up to 385,000 homes during the peak electricity demand periods for four hours each day. The project will feature modern lithium iron phosphate batteries which are the safest technology on the market today. Arevon's number one priority is the safety of those who live and work in its project areas, and the company is proud to have safely operated its energy storage facilities in U.S. communities since 2021.

Together, these projects illustrate Arevon's ability to execute at scale and deliver tangible results that propel the advancement of affordable and reliable energy in America.

Arevon Drives Growth Through Innovative Financing
Since mid-September 2024, Arevon has secured more than $1.6 billion in financing for flagship solar and energy storage projects, which contributes to the company's industry leading $4.5 billion in total project financings secured over the last two years. Within the last 12 months, Arevon's notable executed transactions include $509 million for its Kelso Solar Project, $351 million for the Gibson Solar Project, $258 million for its Peregrine Energy Storage Project, and $98 million for its Ratts 1 & Heirloom Solar Projects. These investments are bringing more than a thousand megawatts of new renewable energy capacity to the grid, supporting local economies through job creation, tax revenue, and infrastructure improvements.

Moreover, Arevon also secured a $600 million credit facility, with the option to increase up to $850 million, that will enable the company to further expand its development portfolio of solar and energy storage assets and enhance the performance of its high-yielding operational assets.

The scope and diversity of these deals reflect Arevon's ability to structure innovative financing that strengthens project economics and enables additional development. Backed by strong relationships with capital partners, these financings are not only advancing the development, construction, and operations of Arevon's projects but also ensuring that host communities realize meaningful, long-term benefits derived from renewable energy generation.

Arevon Recognition
In the past year, Arevon has earned national and global recognition for the way it powers communities, leads with integrity, and invests in its people. These honors reflect not only the company's industry leadership, but also its commitment to building a workplace culture where innovation and inclusion thrive:

• Excellence in environmental, social, and governance (ESG) performance: Arevon ranked No. 1 in North America and No. 2 worldwide in the Infrastructure/Renewable Energy/Private category of the GRESB ESG Benchmark Assessment, underscoring its leadership in sustainable investing and responsible governance.
• Advancing diversity, equity, inclusion, and justice: Arevon achieved Silver Certification from the Solar Energy Industries Association's (SEIA) DEIJ Program, an evidence-based initiative that celebrates meaningful progress toward building a more diverse, inclusive workplace, one of the company's greatest strengths — fueling growth and innovative decision-making.
• Award-winning workplace culture: Arevon received a suite of honors from Energage and USA TODAY's Top Workplaces awards, including Top Workplaces in Energy & Utilities, Arizona Top Workplaces, USA TODAY Top Workplaces, and Top Workplaces for Innovation. The company also earned Culture Excellence Awards in Work-Life Flexibility, Compensation & Benefits, and Leadership, recognizing a people-first culture that values balance, rewards performance, and empowers employees to lead.

Navigating Policy Changes
While the renewable energy industry continues to face policy uncertainty and shifting regulatory landscapes, Arevon remains confident in the fundamentals driving long-term growth. Rising demand and proven cost competitiveness position solar and energy storage to continue its growth under the new federal policy directives.

"The U.S. is entering a demand-driven era, and solar and battery storage are well-positioned to dominate new capacity growth — with or without subsidies," said Smith. "These technologies deliver decades of price stability, protecting American families and businesses from fuel price volatility while giving the nation a decisive edge in leading the global AI race."

What's Next for Arevon
With a strong operating portfolio, an expanding 9 GW development pipeline, and continued investment in new projects, Arevon has solidified its role as a leader in powering an American energy future. The company's focus remains on delivering safe, high-performance projects that meet the rising demand for homegrown, reliable, and affordable energy.

"We're entering the next phase of growth through the expansion of our development pipeline and M&A activities," added Shanelle Montana, Chief Development Officer at Arevon. "Across every stage — from development and financing to construction and operations — we are advancing ambitious energy goals while bolstering domestic manufacturing, increasing grid stability, and creating lasting community partnerships which drive economic development."

Arevon anticipates announcing more news pertaining to commercial, financial, construction, operation, sustainability, and other project-related milestones throughout the remainder of the year.

Arevon | arevonenergy.com

Clean-energy innovator William J. “John” Berger announced the formation of a new U.S. home energy service company, Otovo USA, which successfully raised more than $4 million in initial funding, led by EIC Rose Rock. As founding Chief Executive Officer, Berger is introducing a simple, customer-first home power offering that brings together three essential energy services – retail, service, and trading – into one integrated solution for homeowners. Otovo USA is partnering with Otovo, a European leader in residential power.

Otovo USA’s service offering is now available in the Texas market

Otovo USA’s service offering is now available in the Texas market and will soon expand across America. Otovo’s services will incorporate solar systems, batteries, standby generators, EV chargers, load managers, and other power generation and management systems.

“Otovo USA is here to help the millions of Americans with home energy services that are fed up with the complexities of warranties, juggling multiple vendors, and long repair times,” said John Berger, CEO of Otovo USA. “Otovo is a European leader in residential power and we’re combining its deep operating expertise with a new AI-based platform to deliver one simple, always-on service that optimizes the equipment customers already own. With millions of U.S. home solar systems, batteries, and EV chargers, there is a vast market of home energy consumers that need better service. Otovo USA is bringing customers what they really need: reliable power and a single partner accountable for keeping it up and running. It’s your power, backed by ours.”

Endurance, a proprietary cutting-edge AI platform, is the backbone of a unique optimization and rapid-response service system that actively supports and provides Otovo’s services. Endurance continuously monitors, maintains, and optimizes every behind-the-meter power asset a homeowner already owns – including rooftop solar, batteries, standby generators, and EV chargers – so the home runs on the cleanest, most reliable, and most cost-effective power available. Endurance automates diagnostics, schedules maintenance, and optimizes when homes produce, store, or draw power – boosting uptime and reducing bills.

“For nearly a decade we’ve helped homeowners across 13 European countries go solar through Otovo’s marketplace model,” said Andreas Thorsheim, Founder of Otovo. “Endurance delivers AI-driven care, debuting in the Texas market, home to 3.9 million credit-qualified single-family homes. Soon we will scale up to service the 26 million homes with power generation and management assets already in place across the United States and Europe.”

“Otovo USA’s innovative AI-based service model will transform and greatly improve the residential solar and home power services industry by providing exceptional service and value at a lower cost,” said George Coyle, a Managing Partner at Energy Innovation Capital (EIC). “We are excited to support growth at Otovo as they build out the business across the United States.”

William “John” Berger has spent his career founding and building companies in the electric power industry, with a particular emphasis on supporting competitive markets to drive the future of energy. In 2006, John founded solar contractor Standard Renewable Energy, one of the first companies to bring solar technology to American homes and businesses. John then went on to found SunCap Financial, a residential solar service company. In 2012, John founded Sunnova Energy International and created one of the world’s largest behind-the-meter energy services companies across the Americas.

Otovo USA offers a membership model that simplifies procurement and support, provides proactive maintenance, and uses trading capabilities to align household consumption and storage with market conditions.

Otovo USA | https://otovo.ai/