Duke Energy has reached an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners LLC, a middle-market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. In early June, Duke Energy reached a sale agreement for its utility-scale renewables business platform. The company […]
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The American Council on Renewable Energy (ACORE) recently quantified the potential economic benefits of the onshore renewable energy projects awaiting grid connection in PJM, the largest electricity market in the United States. Findings from the report, Power Up PJM, show that if these renewable projects could be brought online at the pace PJM was approving […]
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The U.S. Department of Energy (DOE) has released the 2023 U.S. Energy and Employment Report (USEER), a comprehensive study designed to track and understand employment trends across the energy sector. As the private sector continues to announce major investments in American-made energy, the 2023 USEER shows that the energy workforce added almost 300,000 jobs (+3.8% […]
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The Michigan legislature passed a fiscal year 2024 budget which received bipartisan support and will go into effect immediately after approval from Gov. Gretchen Whitmer. The state budget makes key investments in infrastructure including advanced energy, which will add jobs to the state’s strong clean energy industry while improving grid resiliency, lowering energy bills and reducing […]
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Southwestern Electric Power Co. (SWEPCO), an American Electric Power company, has been granted approval by the Louisiana Public Service Commission (LPSC) to move forward with its fuel-free power plan to acquire up to 999 MW of renewable generation resources. The LPSC approved the terms of a settlement agreement reached in March by all parties in […]
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The U.S. Environmental Protection Agency (EPA) has launched a $7 billion grant competition through President Biden’s Investing in America agenda to increase access to solar energy for millions of low-income households. Residential distributed solar energy will lower energy costs for families, create good-quality jobs in communities that have been left behind, advance environmental justice and […]
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Hawthorne Renewables, a newly established solar development company, has officially opened its Phoenix headquarters. The company is the result of a merger between Power Capital Energy Group and Portland, Ore.-based Sulus Solar. Sulus Solar launched in 2016. Since then its founders, Colin Murphy and Conor Grogan, have rapidly scaled the company to deliver more than […]
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Matrix Renewables, the TPG Rise-backed global renewable energy platform, has acquired the Stillhouse Solar Project, a late-stage-development 284 MW DC solar project in Bell County, Texas (ERCOT North), from OCI Solar Power, a developer of utility-scale solar projects. The transaction follows up on Matrix’s Gaskell West Project (totaling 142 MW DC solar with 80 MWh […]
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Briggs & Stratton Energy Solutions, a Wisconsin-based designer, manufacturer and marketer of energy products and power solutions, acquired SimpliPhi Power, a California-based energy storage systems manufacturer in late 2021. Briggs & Stratton has now fully incorporated the company into its business, market strategy and brand. As a result of the acquisition, Briggs & Stratton Energy […]
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Ampt, a company providing DC optimizers for large-scale photovoltaic systems, has successfully repowered a PV system in Japan, enabling compliance with new utility requirements by Tokyo Electric Power Company (TEPCO). The project demonstrates Ampt’s cost-effective and simple solution for upgrading existing PV power plants with modern inverters. The owner of a 200 kW rooftop PV […]
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Holu Hou Energy LLC has signed a power purchase agreement to provide a solar-plus-storage system to the new 120-bed Daniel K. Akaka Hawaii State Veterans Home on Oahu. Lower cost electricity to the facility and grid resiliency are two benefits the system will provide via the Scheduled Dispatch Program. Construction of the facility is expected […]
The post Holu Hou Energy Inks Deal with Onyx for Solar + Storage appeared first on Solar Industry.
By a vote of 34 to 24, the House Committee on Appropriations last week approved a Fiscal Year 2024 Energy and Water Development spending bill that would devastate Department of Energy (DOE) funding for clean energy and grid deployment. While the committee states that the bill “prioritizes funding for agencies and programs that bolster our […]
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