With its new Growing Green strategy, RWE has revealed it is investing €50 billion gross in its core business. That means an average of €5 billion gross each year for offshore and onshore wind, solar, batteries, flexible generation and hydrogen. The company is thus expanding its portfolio by 25 GW net to 50 GW in […]
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GE and UK Export Finance (UKEF), UK’s export credit agency, are financing Kalyon Enerji’s 1.35 GW Karapinar solar project, located in the Konya Karapinar province. The solar power plant is Turkey’s largest solar facility, approximately 11 km long and 3 km wide. GE Energy Financial Services worked with UKEF, who are set to guarantee a […]
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The National Renewable Energy Laboratory (NREL) has released its annual cost breakdown of installed solar photovoltaic (PV) and battery storage systems. U.S. Solar Photovoltaic System and Energy Storage Cost Benchmark: Q1 2021 details installed costs for PV systems as of the first quarter of 2021. Costs continue to fall for residential, commercial rooftop, and utility-scale […]
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Array Technologies, a provider of utility-scale solar tracker technology, has entered into a definitive agreement to acquire Soluciones Técnicas Integrales Norland S.L. (STI Norland), a manufacturer of solar trackers in Europe. Headquartered in Pamplona, Spain, STI Norland has positions in Iberia and Latin America. STI Norland has completed or been awarded tracker systems for more […]
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ReneSola Ltd., an integrated solar project developer, and UK-based Emeren, a project developer of renewable energy power plants in Europe and other international markets, have launched a 7 MW ground-mounted solar project, jointly developed by the two companies in southern Italy. “With the launch of this project, our partnership with Emeren is off to a […]
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Orbital Energy Group Inc. has named Nick Grindstaff as the company’s new CFO, effective November 16, 2021. Grindstaff will replace Daniel Ford, who will remain with the company for a period of time to ensure a smooth transition. “Orbital Energy Group continues to increase in scope, size and complexity, making it strategically important for its […]
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The U.S. energy transition will continue apace into 2022 with record levels of solar and wind generation additions expected to come online, according to the newly released 2022 Electric, Natural Gas and Water Utilities Outlook Report from S&P Global Market Intelligence. The report finds that as this buildout occurs, utilities and the wider energy industry […]
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The U.S. Department of Commerce has issued a letter outright rejecting an unlawful request for circumvention tariffs on solar products from three countries in Southeast Asia. The petitions were initiated by an anonymous group of companies, and if imposed, would have resulted in the loss of 46,000 solar jobs over the next two years. Abigail […]
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Greenbacker Renewable Energy Company LLC, through a wholly owned subsidiary, has purchased a to-be-constructed solar portfolio in Maine from ReneSola Power Holdings. The portfolio’s two projects – Athens Ridge (3.8 MW DC) and Mars Hill (2.8 MW DC) – diversify and expand Greenbacker’s fleet of sustainable infrastructure assets in Maine. These two projects are Greenbacker’s […]
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Eos Energy Enterprises Inc., a provider of zinc-based energy storage systems, has secured its largest customer order to date – a commitment by Blue Ridge Power, a solar engineering, procurement and construction (EPC) firm. Blue Ridge Power is purchasing 300 MWh of energy storage systems over the next two years. Installation is scheduled to begin in […]
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Solar SaaS company OpenSolar Inc. and Sungage Financial are partnering to streamline the workflow process for the U.S. installer market. With the integration of Sungage’s finance options on OpenSolar’s platform, solar installers can quickly generate complete proposals, including accurate 3D designs, state-of-the-art hardware, on-demand customized permitting and now financing. “For over a decade, Sungage Financial […]
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PanelClaw, a supplier of flat roof solar mounting systems in the U.S., has undergone a rigorous, independent technology and operational assessment of its flat roof solar PV mounting system platform, clawFR. The assessment was undertaken by DNV, an independent expert in assurance and risk management. DNV studied the technical aspects of PanelClaw’s clawFR mounting system, […]
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