Verizon Communications Inc. has entered into four more long-term renewable energy purchase agreements (REPAs) totaling more than 450 MW of renewable energy capacity as part of its commitment to be carbon neutral in its operations by 2035. These agreements, which are virtual power purchase agreements, will help finance the repowering of wind energy facilities and […]
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Electriq Power, a developer of intelligent and integrated home energy storage, management and monitoring solutions, has added the PowerPod LFP, a high-performance, cobalt-free model, to its family of PowerPod residential battery systems. Electriq’s newest addition to the product line comes amid growing demand for longer-lasting, more sustainable battery alternatives. The non-toxic, non-hazardous solution features lithium-iron-phosphate […]
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POWERHOME SOLAR, a company that specializes in solar energy and energy efficiency services, is expanding its presence in Pennsylvania and opening an office in Harrisburg to provide homeowners and businesses in south-central Pennsylvania with a supplement to grid energy. POWERHOME SOLAR plans to hire up to 100 people in energy consulting, installation and warehouse positions […]
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Duke University’s effort to become carbon neutral by 2024 will add an expanded solar energy component through a partnership with an Asheville, N.C.-based solar developer. The university will bolster its renewable energy capabilities through the purchase of 101 MW of solar capacity from three new solar facilities planned for North Carolina starting as early as […]
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The U.S. Energy Storage Association (ESA), the national trade association of the U.S. energy storage industry, has issued an expanded vision for energy storage, 100×30: Enabling the Clean Power Transformation. Informed by developments in the energy storage and clean energy markets, and extrapolating upon ESA’s 2017 vision document (35×25: A Vision for Energy Storage), this white […]
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Soltec, a manufacturer and supplier of single-axis solar trackers, has launched its SF7 Tandem tracker: the first product on the market to be linked in a 2-in-portrait (2P) configuration every two rows. The SF7 Tandem is designed to incorporate the best characteristics of a 2P tracker with those of two-row trackers, all while reducing installation […]
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Pattern Energy Group LP, a privately-owned developer and operator of wind, solar, transmission and energy storage projects, has completed financing and has started construction on its 105 MW DC Phoenix Solar Project located in Fannin County, Texas. ING Capital LLC provided construction and term project financing, and tax equity was provided by RBC Community Investments, […]
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Cyber-physical systems security researchers at the University of California Irvine have disrupted the functioning of a power grid using about $50 worth of equipment tucked inside a disposable coffee cup. In a presentation delivered at the recent Usenix Security 2020 conference, Mohammad Al Faruque, UCI associate professor of electrical engineering computer science, and his team […]
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174 Power Global has completed and energized its Oberon Solar Power Facility, one of the largest utility-scale solar generation facilities in Texas. Chariot Energy, an affiliate of 174 Power Global, has entered into a power purchase agreement (PPA) for 30 MW of the 180 MW project to support its 100% renewable energy product offering to […]
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Duke Energy Renewables, a subsidiary of Duke Energy, has closed $109.4 million in preferred tax equity funding from Goldman Sachs’ Alternative Energy Investing Group. The investment will be used over 18 months to fund a diverse portfolio of approximately 75 MW of solar and solar+storage projects, which will be developed and constructed by Duke Energy […]
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Helios Infrastructure, a joint venture between Nationwide and Sol Systems, has completed its project purchase from Cypress Creek Renewables. The $200+ million portfolio spans 20 projects across North Carolina, of which 97 MW are operational and 51 MW are under construction. Since 2012, Nationwide and Sol Systems have financed over $700 million of solar projects […]
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Marathon Capital LLC, a financial advisory and investment banking firm, has advised the successful sale of the High Desert Solar Project (HDSI) on behalf of Middle River Power (MRP), the operating and development platform of Avenue Capital, to Goldman Sachs Renewable Power (GSRP). HDSI is a 100 MW AC solar and 50 MW AC battery […]
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