Hawaiian Electric has selected seven solar projects on Oahu, Hawaii Island and Maui to be the first on each island to offer the shared solar program (also known as community-based renewable energy or CBRE) to help lower the electric bills of customers who meet low- and moderate-income (LMI) levels and are unable to install privately-owned […]
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Enel North America, an Enel Group subsidiary, has launched its retail energy business in select deregulated U.S. states, starting with Texas. The move enables commercial and industrial (C&I) organizations to purchase competitively priced renewable energy directly from Enel’s generation assets, allowing them to advance their net-zero and sustainability goals without having to make the long-term […]
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Swell Energy has raised $120 million to further its virtual power plant (VPP) programs. The round was led by SoftBank Vision Fund 2 and Greenbacker Development Opportunities Fund I LP, with participation from an Ares Infrastructure Opportunities fund and Ontario Power Generation Pension Fund. The funding will support Swell’s development of 600 MWh of VPPs […]
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Atlas Renewable Energy’s La Pimienta solar plant is fully operational. The plant, which is located in the state of Campeche, has a capacity of 300 MW, making it the second largest solar plant in Mexico. The plant will supply energy to CFE under a 15-year contract to support the power needs of the Yucatan peninsula. […]
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Ecogy Energy, a developer, financier and owner-operator, says it is securing preliminary agreements with the first municipality in a series of upcoming projects that were selected through a competitive request for proposals from the New York Power Authority (NYPA) under the Westchester Community Solar Partnership (WCSP). Ecogy has obtained approvals for a Con Edison interconnection […]
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UBS Asset Management‘s Real Estate & Private Markets business in North America has chosen Canadian Solar Inc.‘s CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., to provide up to 2.6 GWh of battery solutions for the build-out of energy storage projects. The battery solutions provided by CSI Energy Storage […]
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Duke Energy Sustainable Solutions is expanding its solar energy portfolio by acquiring the 100 MW Wildflower Solar project from Clearway Energy Group. Duke Energy Sustainable Solutions will own and operate the project. The site, which is expected to begin full construction in late 2022 and achieve commercial operation in late 2023, is located in Desoto […]
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Atlas Renewable Energy’s La Pimienta solar plant is fully operational. The plant, which is located in the state of Campeche, has a capacity of 300 MW, making it the second largest solar plant in Mexico. The plant will supply energy to CFE under a 15-year contract to support the power needs of the Yucatan peninsula. […]
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NextEra Energy Partners LP has entered into an agreement with subsidiaries of NextEra Energy Resources LLC to acquire a 49% interest in an approximately 1.5 GW renewables portfolio and approximately 100% of the indirect membership interests in an approximately 345 MW portfolio of operating wind assets. Immediately following the acquisition, NextEra Energy Partners will contribute […]
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AVANGRID Inc., a sustainable energy company and member of the group of companies controlled by Iberdrola S.A., is furthering its environment, social and governance (ESG) commitments by expanding its carbon neutrality targets. The company is now targeting to reach carbon neutrality in scopes 1 and 2 by 2030 and is developing a strategy to address […]
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Forbright Bank, a nationwide full-service bank, has successfully raised and syndicated debt facilities for Infinigen Renewables, a subsidiary of ArcLight Energy Partners Fund VII L.P. Infinigen owns and operates two solar parks in Puerto Rico – Oriana in Isabela and Horizon in Salinas. The solar parks provide a total generation capacity of 73 MW. Both […]
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Enel North America, through its affiliate 3Sun USA LLC, is building an industrial-scale production facility in the U.S. for the manufacturing of photovoltaic modules. The proposed facility is expected to have a minimum production capacity of 3 GW, with the possibility to scale production to 6 GW annually. “Recent policy tailwinds from the Inflation Reduction […]
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