Duke Energy Indiana, a subsidiary of North Carolina-based Duke Energy, is adding to its Indiana solar energy resources. Currently the state’s largest electric supplier, the company has agreed to purchase up to 199 MW of solar power from renewable energy developer Ranger Power to serve the equivalent of roughly 35,000 homes. The Indiana Utility Regulatory […]
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Vikram Solar, Phalanx Impact Partners and Das & Co. have formed a new United States joint venture and majority U.S.-owned and -operated company – VSK Energy LLC. The partnership plans to invest up to $1.5 billion to develop a vertically integrated solar manufacturing operation in the U.S. With two planned projects, VSK brings Vikram Solar’s […]
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Connecticut-based Altus Power has committed to developing Hawaii’s first large-scale community solar project to date. A local medical facility, its employees and residents of Oahu will soon be able to receive electric power at a discount by subscribing to Altus Power’s Community Solar Partnership Program. Upon completion of the 5 MW array expected this summer, […]
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Panasonic Corp. of North America is releasing a new generation of the EVERVOLT Home Battery System: a modular residential storage system that supports both DC and AC coupling, making it a versatile solution for both new and existing solar installations. This fully integrated energy storage solution combines a hybrid inverter, lithium-ion battery and new EVERVOLT […]
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All Energy Solar, a solar installer in five states, has added a sixth state to the company’s service areas. In 2023, Illinois joins the list with other midwestern states Iowa, Minnesota and Wisconsin, and New England states Massachusetts and New Hampshire. Brothers Michael and Brian Allen founded All Energy Solar in 2009 in their solar-friendly […]
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Construction is beginning at the TransWest Express (TWE) Transmission Project – a high-voltage interregional transmission system adding capacity to deliver renewable energy across the Western United States power grid. Federal, state and local officials, including Secretary of the Interior Deb Haaland, Secretary of Energy Jennifer Granholm and Wyoming Gov. Mark Gordon, recently participated in a […]
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Invenergy Renewables Holdings LLC, a developer, owner and operator of sustainable energy solutions, has received an approximately $1 billion equity investment from funds managed by Blackstone Infrastructure Partners, to continue growing its rapidly expanding business. This amount is additional to Blackstone’s nearly $3 billion investment in Invenergy in 2021 and 2022. Invenergy’s ownership includes Blackstone, […]
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The United States Bureau of Land Management (BLM) recently published new proposed rules governing leasing and rental rates for renewable energy projects on public lands. The new leasing rules adopt many of the Solar Energy Industries Association’s (SEIA) suggestions and will help to speed renewable energy deployment on public lands and put BLM’s renewable energy […]
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Lehigh University will welcome a 2.61 MW solar project on its campus soon as part of its goal to achieve carbon neutrality by 2040. Standard Solar recently acquired the Lehigh Valley project from developer EDF Renewables North America, furthering the company’s pledge to advance solar energy in Pennsylvania and educational institutions nationwide. “This adds to […]
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Arizona Gov. Katie Hobbs this week vetoed legislation she said would have a “deep chilling effect on renewable energy deployment” in the state. In a letter to Speaker of the House Ben Toma, Hobbs explained that the bill, HB 2618, not only “encourages an inconsistent statewide patchwork of regulations for renewable energy projects,” it also […]
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Ameren Missouri, a subsidiary of Ameren Corp. and a provider of electric and gas service for central and eastern Missouri, intends to acquire or build approximately 550 MW of solar energy, continuing the company’s planned addition of 2,800 MW of new renewable generation by 2030. Consisting of four projects that are capable of producing enough […]
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Altus Power Inc., an independent developer, owner and operator of commercial-scale solar facilities, has obtained an incremental $47 million in capital from Blackstone. This debt will provide long-term, fixed-rate financing for 35 MW of operating assets in Altus Power’s portfolio. The use of proceeds includes payoff of the $15.8 million outstanding under Altus Power’s construction […]
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