Declan Flanagan, former CEO of Orsted’s onshore business, has launched Bluestar Energy Capital, a new global renewable energy investment platform with an initial $100 million in capital for greenfield renewable energy development. “A huge amount of capital is seeking a role in the energy transition, but a scarcity remains of the right kind of capital […]
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Correlate Infrastructure Partners Inc., an energy optimization and clean energy solutions provider for North America, has signed a nonbinding letter of intent to acquire Aegis Renewable Energy Inc. Aegis is a commercial, industrial and community solar company focused on solar project development and engineering, procurement and construction services in the eastern United States. Upon completion, […]
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BASF and X-ELIO have signed a 12-year power purchase agreement (PPA) to supply 48 MW of solar power to BASF’s Verbund site in Freeport, Texas. The BASF Freeport site is one of BASF’s six global Verbund sites. “With this agreement, we take a big step forward, reaching 100 percent of the site’s purchased power to […]
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EDF Renewables North America has signed a 15-year virtual power purchase agreement (VPPA) with McDonald’s Corp. The 255 MW AC / 332 MW DC Apollo Solar project, located in Texas, is expected to begin delivery of low carbon electricity in June 2024. “We applaud McDonald’s for taking action on climate change and are honored to […]
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From 2016 to 2020, the carbon intensity of U.S. power generation fell 18%, driven by a shift in the U.S. electricity generation mix away from coal and toward natural gas and renewables, reports the U.S. Energy Information Administration (EIA). The carbon intensity of power generation measures the amount of CO2 emitted to produce a unit […]
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Energy Toolbase has launched Luminia‘s financing solution onto the ETB Developer platform to allow for in-platform power purchase agreement (PPA) and Property Assessed Clean Energy (PACE) loan financing for commercial solar, energy storage and energy efficiency projects. With Luminia’s financing solutions, ETB users can now instantly pre-qualify and quote Clean Energy PPA and PACE loans […]
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Canadian Solar Inc.’s majority-owned subsidiary, CSI Solar Co. Ltd., is launching the EP Cube, a lightweight all-in-one residential energy storage solution. The EP Cube will be scalable and customizable from 9.9 kWh to 19.9 kWh capacities. It will include an all-in-one design with hybrid inverter and stackable battery modules, requiring minimal wall space. The EP […]
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Borrego, an EPC and O&M provider for large-scale solar and energy storage projects throughout the United States, has launched Anza, a new solar and battery storage procurement marketplace and optimization solution. The proprietary technology engine behind the Anza digital marketplace is a cost and performance modeling software that identifies the most optimized solar module and […]
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Paired Power has launched its new, transportable solar canopy, PairTree, with built-in electric vehicle (EV) charging capabilities. With its modular, fast-install design, PairTree can be utilized with or without grid connection, and without the costly construction and infrastructure requirements of traditional solar canopy installations. PairTree is designed to optimize EV charging loads to deliver up […]
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bp is purchasing EDF Energy Services (EDF ES) to expand its presence in the U.S. commercial and industrial (C&I) retail power and gas business. Based in Texas, EDF ES’s customers are primarily large corporations and public entities, including retailers, universities, manufacturers and producers, municipalities and power generators. It does not supply residential consumers. EDF ES […]
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IKEA U.S. has teamed up with SunPower Corp. to make home solar energy solutions easier to access in select California locations. Members of the IKEA Family customer loyalty program will be able to purchase home solar solutions, available through SunPower, to generate and store their own renewable energy and live more sustainably. “Our vision is […]
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In the first six months of 2022, 24% of U.S. utility-scale electricity generation came from renewable sources, based on data from the U.S. Energy Information Administration’s (EIA) Electric Power Monthly. The renewables’ share increased from 21% for the same time period last year. Renewables are the fastest-growing electricity generation source in the United States. Renewable […]
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