Canada's St. Mary's University to use Mitrex's BIPV solar cladding for student residence; CIG Capital invests in over 2 GW new solar in the US; CyrusOne signs up for 40 MW solar and wind capacity; CCR has closed $450 million debt facility.
Integrated solar façade for Canadian University: Canadian building integrated (BIPV) solar manufacturer Mitrex says it will equip St. Mary's University's (SMU) student residence in Halifax, Nova Scotia with an integrated solar façade solution which it claims will be the tallest, largest BIPV micro-grid application in North America. Under the project, the south façade will be retrofitted with over 6,000 sq. ft. of solar cladding, accented by vertical, semi-opaque solar glass integrated into the windows. Mitrex added that the design of the cladding panels will be a delicate combination of school colors with a subtle reveal of solar technology. It will be completed in early 2023. "This decentralized energy source supplies electricity that synchronously operates and connects to the traditional grid, with the unique ability to disconnect from the grid and function autonomously," stated Mitrex. The company's CEO Danial Hadizadeh stressed that the building community needs to think of microgrids as a must.
CIG Capital to back over 2 GW new solar projects in US: Project funding group CIG Capital says it has partnered with various solar energy companies to back 5 new renewable energy projects in the US with 2.032 GW combined capacity. These are identified as a 506 MW and a 606 MW project in Northern Texas. Two facilities with 300 MW each will be located in South Dakota and a 320 MW project in North Dakota. Projects are scheduled for completion between 2023 and 2024.
Solar and wind power for CyrusOne in the US: Global data center developer and operator CyrusOne has signed up to procure power from 30 MW solar and 10 MW wind energy capacity in Northern Texas. The offtake agreements will lead to close to 85% of its ERCOT deregulated load in the region being supplied by renewable energy sources by the end of 2023, the company explained. It will use the power supply for its data centers in Carrolton, Allen and Lewisville to reduce overall power prices.
CCR raises $450 million for solar and storage pipeline: Cypress Creek Renewables (CCR) has closed a $450 million debt facility from QIC, Canada Pension Plan Investment Board (CPPIB) and CarVal Investors. The facility will be used by the company to fund the growth of its solar and storage project pipeline in the US and refinance existing indebtedness. The company counts as having 12 GW active development pipeline.