The Florida Public Service Commission has unanimously approved Florida Power & Light Company‘s (FPL) comprehensive, four-year rate settlement agreement developed jointly with the Florida Office of Public Counsel – the state’s consumer advocate – as well as the Florida Retail Federation, the Florida Industrial Power Users Group and the Southern Alliance for Clean Energy. The […]
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Solaria Corp., a solar energy product provider, has named Vikas Desai as the company’s new president. Solaria’s current president, Howard Wenger, will continue with the company as a board member and strategic advisor. “Vikas has a passion for building teams and go-to-market channels; we are very pleased that he is joining the outstanding professionals on […]
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Soltec, among the world’s leading companies in the supply and manufacture of solar trackers, has continued its focus on innovation in order to offer cutting-edge technology in solar tracking to the market. In line with this strategy, the company recently launched its new SFOne solar tracker with 1P configuration to meet market demand and that […]
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Primergy Solar LLC, a Quinbrook Infrastructure Partners company, has completed construction on the Pitkin Solar Project, a 5 MW, 35-acre solar installation in Pitkin County in Colorado. The project is located near Woody Creek in the Roaring Fork Valley on land leased from the Aspen Consolidated Sanitation District (ACSD). The land was originally purchased by […]
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The American Clean Power Association’s (ACP) Clean Power Quarterly 2021 Q3 Market Report shows the U.S. clean energy industry installed 3,336 MW of new capacity during the third quarter, with additions totaling 15,317 MW in the first three quarters – a 23% increase compared to 2020. Solar represents the largest share of capacity in the […]
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Enphase Energy Inc. has announced an all-in-one Enphase Energy System with IQ8 solar microinverters for customers in North America. IQ8 is capable of forming a microgrid during a power outage using only sunlight, providing backup power even without a battery. “Since the company’s inception, we invested in custom application specific integrated circuit (ASIC) chips for […]
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NextEra Energy Partners LP has entered into an agreement with a subsidiary of NextEra Energy Resources LLC to acquire a 50% interest in an approximately 2,520 MW renewables portfolio. In conjunction with the acquisition, NextEra Energy Partners has also entered into an approximately $824 million convertible equity portfolio financing with Apollo Global Management. “The transactions […]
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Solar project developer ReneSola Ltd. is partnering with Terra Aurea Gela, a project developer specializing in renewable energy power plant development in Italy, to co-develop ground-mounted solar projects in Italy, with a pipeline of several transactions scheduled for 2022. The two companies will develop projects in a range of sizes across the country. “We are […]
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NextEra Energy Partners LP has entered into an agreement with a subsidiary of NextEra Energy Resources LLC to acquire a 50% interest in an approximately 2,520 MW renewables portfolio. In conjunction with the acquisition, NextEra Energy Partners has also entered into an approximately $824 million convertible equity portfolio financing with Apollo Global Management (Apollo). “The […]
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Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019, according to the eighth edition of Renewable Energy and Jobs: Annual Review 2021. The report was released by the International Renewable Energy Agency (IRENA) in collaboration with the International Labour Organization (ILO) at an opening of IRENA’s Collaborative Framework on […]
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Replacing coal-fired power in Canada with renewable energy will impose significant costs on Canada’s economy while only making modest reductions in greenhouse gas emissions, finds a new study released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Despite what advocates claim, renewable power – including wind and solar – isn’t free and […]
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MYR Group Inc., a holding company of specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the U.S. and western Canada, has announced that its CSI Electrical Contractors (CSI) subsidiary has executed a contract with a renewable energy developer for a large-scale solar project located in California. The project consists of […]
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