Greenwood Energy has gone bankrupt on $52.8 million of tax balance and debt financing for a 26MW solar PV projects.

The company get tex balance financing from U.S Bancorp Community Development Corporation and Santander Bank provide the debt financing.

Greenwood Energy now has an 84MW solar system project in the US, Consists of six projects in New York, Vermont and Florida.

Construction of Florida and Vermont project is completed and will provide energy soon. The construction phase for New York projects are progressing well and will be commercially operational in Early 2018.

Another phase of 4.2MW PV Project is completed in New York by Ross Solar.

Ross Solar, a Con Edison Solutions company, has completed the third of four solar installations for jetro Restaurant Depot at Jetro’s Port Chester facility in Westchester Country, New Youk on 2th Sepetember

Contain of 3,392 pieces high-efficiency SunPower E-series solar panels, the 1.1MW Solar PV installation at Port Chester is expected to generate 1,274,975 kWh of clean electricity per year and offset 940 metric tons of greenhouse gas emissions annually — standing as a reduction in CO2 emissions equivalent to 2,252,321 miles driven by an average passenger vehicle.

Upon completion of the entire Jetro’s project, all four solar project will represent a combined generation capacity of 4.2MW.

Power Ledger raises US$13.6 million in pre-sale ICO

On Monday, Energy technology company Power Ledger notified that the data of initial coin offering (ICO) has got US$13.6 million in pre-sale step, which would be sold totally within three days. As Dr. Jemma Green, co-founder and chair of Power Ledger announced:” We are excited in the selling data. It is very strong performance with global ICO standards to sell out in just within three days, which indicates that there is strong levels between consumer and institutional buyers.”

Power Ledger co-founder and managing director Dave Martin also said:” Demand is over totally than our expectations. Because we are the first Australian ICO, we can not depend on precedent to help us set targets but we have been breaking new situation. At the beginning, we hope sell up to AUS$20 million, but the feedback of the market has been totally amazing.”

Blockchain-enabled system of Power Ledger creates the renewable energy marketplaces of peer-to-peer, during which consumers and distributed energy resources can trade renewable energy with blockchain technology.