AES Corp. says it completed 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to the previous year. “This construction milestone represents a new record and a growth rate of nearly 100% over 2022,” says Andrés Gluski, AES president and CEO. “Including these newly added projects, AES’ portfolio of renewables now […]
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Ørsted has signed an 80 MW PPA with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is the company’s largest solar project in the U.S., as well as the company’s first project to incorporate conservation efforts with the protection of native prairie […]
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Skylight Lending has closed on a multi-million-dollar credit facility with M&T Bank, positioning the company for a planned expansion into five states. “Our long-term relationship not only provides Skylight with the financial resources needed for expansion but also underscores the confidence M&T Bank has in our vision and the potential of the residential solar market,” […]
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Ardagh Glass Packaging and CI Renewables are moving forward with development of a solar project in Madera, Calif., with a capacity of up to 10 MW. The project, built and operated by VALTA Energy, is set to be completed this year. It will supply electricity to Ardagh Glass Packaging’s Madera manufacturing site and is expected […]
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Amazon invested in more than 100 new solar and wind energy projects last year, becoming the world’s largest corporate purchaser of renewable energy for the fourth year in a row, says the company. The company now has more than 500 wind and solar projects globally, and once operational, are expected to generate more than 77,000 […]
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Mercom Capital Group has released its annual report on funding and M&A activity for the solar sector, finding that total corporate funding, including from VC, public market and debt financing, increased 42% year-over-year in 2023. The report further found $34.3B was raised in 160 deals, compared to $24.1B in 175 deals the previous year. Almost […]
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Mercom Capital Group has released its annual report on funding and M&A activity for the solar sector, finding that total corporate funding, including from VC, public market and debt financing, increased 42% year-over-year in 2023. The report further found $34.3B was raised in 160 deals, compared to $24.1B in 175 deals the previous year. Almost […]
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Ice Industries has been awarded an additional long-term contract supplying panel components to First Solar and plans to invest nearly $10M in a Louisiana facility to supply steel back rails for modules produced by First Solar’s vertically integrated manufacturing facility in Iberia Parish, expected to start commercial shipments by 2026. Ice’s Louisiana facility is the […]
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The Department of the Interior (DOI) has updated its roadmap for solar development across the U.S. West, designed to improve production in more states and efficiency in renewables siting and permitting on public lands. The Bureau of Land Management (BLM) also announced next steps on several projects in Arizona, California and Nevada, representing more than […]
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The Raymond Corporation has finalized deployment of a full-scale BESS, solar microgrid array and warehouse energy management system at its distribution warehouse in Greene, N.Y. “With the implementation of behind-the-meter storage at our distribution center, we have gained insights into the benefits of the system in material handling applications specifically related to alleviating increased demand […]
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Maxeon Solar Technologies has introduced its new commercial partner program aimed at domestic solar installers and dealers. The company is offering providers joining the program access to its high-efficiency modules, warranties and sales support, along with other features. “We know how important it is for our partners to thrive, and the Maxeon Commercial Partner Program […]
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Scale Microgrids has entered into a definitive agreement with Gutami to acquire 500 MW of distributed solar and storage projects across multiple states, including California and New York. Building on their existing 100 MW New York partnership, the companies have executed an expansion agreement under which Gutami will develop 500 MW of energy transition infrastructure […]
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