By a vote of 34 to 24, the House Committee on Appropriations last week approved a Fiscal Year 2024 Energy and Water Development spending bill that would devastate Department of Energy (DOE) funding for clean energy and grid deployment. While the committee states that the bill “prioritizes funding for agencies and programs that bolster our […]
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Leeward Renewable Energy (LRE), a renewable energy company, and Southern California Edison (SCE), one of the nation’s largest electric utilities, have entered into a 15-year power purchase agreement for LRE’s 126 MW Antelope Valley BESS facility in Kern County, Calif. Antelope Valley BESS is located adjacent to LRE’S 100 MW solar and storage Rabbitbrush project […]
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ESA, a clean energy development and decarbonization platform, has formed a strategic co-development partnership with Nautilus Solar, which will acquire a portfolio of up to 270 MW DC of community solar projects in the Midwest from ESA, an early-stage venture bringing community solar initiatives in the Great Lakes region. This new relationship bolsters ESA’s sustainable […]
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Recurrent Energy, a wholly owned subsidiary of Canadian Solar for global project development and power services, has secured a $164 million multicurrency facility with Santander Corporate & Investment Banking (Santander CIB). The facility will support Recurrent Energy’s growth and strategy to retain greater asset ownership in select markets. With 9 GW of solar and 3 […]
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CleanCapital, a clean energy company based in the U.S. and focused on middle-market solar and storage, has closed its second tax equity partnership with Nelnet Inc. This new partnership covers five solar projects in Alaska, Maine and New York totaling 36 MW. The current partnership covers five new construction projects: three community solar projects in […]
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Fred. Olsen 1848, a company focused on innovative technologies related to renewable energy, has unveiled its proprietary solution to the challenges of wave and wind loads faced by floating solar: Bolette. Bolette allows photovoltaic modules to move freely and independently within a rope mesh, distributing the forces to the mooring system. As a result, Bolette […]
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A team of scientists from the National University of Singapore (NUS) recently designed new perovskite solar cells that have set a world record stabilized power conversion efficiency of 24.35% with an active area of 1 cm2. This achievement opens the door for cheaper, more efficient and durable solar cells. Perovskites are a class of materials […]
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Duke Energy Indiana, a subsidiary of North Carolina-based Duke Energy, is adding to its Indiana solar energy resources. Currently the state’s largest electric supplier, the company has agreed to purchase up to 199 MW of solar power from renewable energy developer Ranger Power to serve the equivalent of roughly 35,000 homes. The Indiana Utility Regulatory […]
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Applied Value Group, an investment, management consulting and social impact group, has acquired ES Solar, Utah’s largest residential and commercial solar and battery installer. With operations in Utah, Idaho and Wyoming, ES Solar has a unique specialization in energy storage, with over 90% of installs featuring a battery. With its focus on cutting-edge technologies, premier […]
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Vikram Solar, Phalanx Impact Partners and Das & Co. have formed a new United States joint venture and majority U.S.-owned and -operated company – VSK Energy LLC. The partnership plans to invest up to $1.5 billion to develop a vertically integrated solar manufacturing operation in the U.S. With two planned projects, VSK brings Vikram Solar’s […]
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Connecticut-based Altus Power has committed to developing Hawaii’s first large-scale community solar project to date. A local medical facility, its employees and residents of Oahu will soon be able to receive electric power at a discount by subscribing to Altus Power’s Community Solar Partnership Program. Upon completion of the 5 MW array expected this summer, […]
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Panasonic Corp. of North America is releasing a new generation of the EVERVOLT Home Battery System: a modular residential storage system that supports both DC and AC coupling, making it a versatile solution for both new and existing solar installations. This fully integrated energy storage solution combines a hybrid inverter, lithium-ion battery and new EVERVOLT […]
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