KKR has acquired a majority equity interest in Avantus by investment funds and accounts managed by KKR. Coinciding with the close of the transaction, Avantus secured a $522 million development facility arranged by KKR Capital Markets and Sumitomo Mitsui Banking. The facility provides Avantus the financial backing to fuel the company’s energy storage development across […]
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The AES Corporation has introduced “Maximo,” an AI-powered robot meant to enhance solar installation speed, efficiency and safety. The company says Maximo works alongside construction teams by installing solar panels in half the time, adding that it has already installed 10 MW. “Maximo is the first proven solar installation robot on the market,” says Andrés […]
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The U.S. Department of Energy (DOE) is set to enter into realty negotiations with Hecate Energy for a solar project capable of delivering 1 GW of clean energy within an 8,000-acre area of DOE owned land at the Hanford Site as part of the Cleanup to Clean Energy initiative. The Cleanup to Clean Energy initiative […]
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Brookfield Renewable U.S. has filed a Notice of Intent (NOI) has been filed with the Oregon Department of Energy to develop the Speedway Solar and Battery Storage Project, located east of Grass Valley, Ore. Once completed, the facility is expected to generate 900 MW. The project is located next to an existing transmission line, which […]
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Golden State Clean Energy (GSCE) and MCE have agreed to partner on building solar plus battery storage resources in Fresno County, Calif. The development program known as the Valley Clean Infrastructure Plan aims to repurpose 130,000 acres of drainage-impaired or water-challenged lands within Westlands Water District in the county to develop transmission infrastructure, solar generation […]
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Hudson Sustainable Group (HSG) has sold its solar PV portfolio to Tokyo-based Solar Schumann. The transaction marks HSG’s second exit in Japan. The first was in 2019, when Hudson Solar Japan acquired 33 solar PV projects under the country’s feed-in-tariff regime. “This sale is the latest example of our global strategy to create value by […]
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EDP Renewables North America (EDPR NA), Salt River Project (SRP) and Meta have unveiled the 200 MW Brittlebush Solar Park, located near the town of Coolidge, Ariz. “Arizona’s forward-thinking policies and welcoming business environment for innovative technologies that prioritize sustainability make it a perfect location to generate solar,” says Sandhya Ganapathy, CEO of EDPR NA. […]
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Magnachip Semiconductor Corporation has developed its 1200V 75A Insulated Gate Bipolar Transistor (IGBT) in a TO-247PLUS package, designed for solar inverters. Magnachip entered the solar inverter market in 2020 by introducing the 1200V 40A IGBT (MBQ40T120QFS) and then offering the 650V 75A IGBT (MBQ75T65PEH). The company says the latest product, packaged in a TO-247PLUS with […]
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Enlight Renewable Energy has closed financing for the energy storage portion of its Atrisco Solar and Energy Storage project, located outside Albuquerque, N.M. Financing for the solar portion of the project closed last December. The project, spread across 1,700 acres, contains 364 MW of solar generation capacity and 1.2 GWh of battery storage. Costing $827 […]
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The U.S. Department of Energy (DOE) is set to enter into realty negotiations with Hecate Energy for a solar project capable of delivering 1 GW of clean energy within an 8,000-acre area of DOE owned land at the Hanford Site as part of the Cleanup to Clean Energy initiative. The Cleanup to Clean Energy initiative […]
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The 6.9 MW Bristol Landfill Solar Project, Rhode Island’s largest closed landfill solar site, is now operational. Developed by NuGen Capital Management, the project occupies 90 acres across the Town of Bristol’s capped landfill and consists of 20,692 solar panels. “All of us at NuGen are incredibly excited to see years of hard work and […]
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The Department of the Interior today announced that the Bureau of Land Management (BLM) is advancing nine solar projects on public lands. “The Interior Department is playing a pivotal role in helping tackle the climate crisis, boost the clean energy economy and provide communities across the nation with clean, reliable energy,” says Department of the […]
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