Developer energyRe has secured a US$240 million from Bank of America for the 108MWdc/198MWh Lone Star solar-plus-storage project in South Carolina. Bank also provided an $85 million tax equity commitment, while Santander committed US$155 million for project financing. The latter includes construction debt, a tax equity bridge facility, and a letter of credit facility.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







