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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iSun Inc., a solar energy and clean mobility infrastructure company, has been awarded contracts for solar engineering, procurement and construction (EPC) services across three separate projects in Maine. Once complete, the projects will yield over 20 MW of solar production. “This award reflects the progress we’ve steadily been making against our three-pronged strategy for growth,” […]

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Cypress Creek Renewables has closed financing on Shakes, a 270 MW solar project located in Dimmit County, Texas. The project is currently under construction and expects to reach commercial operation during the second half of 2022. Cypress Creek will be the long-term owner and operator of the project. “At 270 MW, Shakes is a cornerstone […]

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SolarEdge Technologies Inc. has announced the commercial availability of the SolarEdge Energy Bank residential battery in North America. This efficient DC-coupled battery provides 9.7 kWh of backup power and can connect with up to eight additional batteries, delivering up to 87 kWh of backup capacity while offering future compatibility with third-party generators. SolarEdge’s new SolarEdge […]

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iSun Inc., a solar energy and clean mobility infrastructure company, has been awarded contracts for solar engineering, procurement and construction (EPC) services across three separate projects in Maine. Once complete, the projects will yield over 20 MW of solar production. “This award reflects the progress we’ve steadily been making against our three-pronged strategy for growth,” […]

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The authors of a new market report, Sharing the Sun: Community Solar Deployment, Subscription Savings, and Energy Burden Reduction, say a handful of states are leading the charge when it comes to the tremendous growth seen in community solar projects over the past decade. Co-authored by researchers from the National Renewable Energy Laboratory (NREL) and […]

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Uniting the Eastern and Western U.S. electric grids could offer significant value in strengthening the power system’s ability to share generation resources and flexibility across regions, according to the National Renewable Energy Laboratory’s Interconnections Seam Study. Results of the multiyear analysis were recently published in the journal IEEE Transactions on Power Systems. “With variable renewable […]

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