EDP Renewables (EDPR) is implementing a new operating model reflecting the expansion of its markets worldwide, including the acquisition of Sunseap, as well as the increasing weight of solar and other new technologies such as storage and hydrogen. The renewed operating model will organize EDPR along three regions – Europe and Latin America, North America, […]
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According to the U.S. Energy Information Administration‘s (EIA) Preliminary Monthly Electric Generator Inventory report, 46.1 GW of new utility-scale electric generating capacity will be added to the U.S. power grid in 2022 – and almost half of the capacity additions will be solar. Developers and power plant owners report planned additions to EIA in its […]
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Funds managed by Blackstone Inc.’s Blackstone Infrastructure Partners have entered into a definitive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC. Blackstone’s investment will provide capital to accelerate Invenergy’s renewables development activities. CDPQ and Invenergy management remain majority owners […]
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Funds managed by Blackstone Inc.’s Blackstone Infrastructure Partners have entered into a definitive agreement with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy for an approximately $3 billion equity investment in Invenergy Renewables Holdings LLC. Blackstone’s investment will provide capital to accelerate Invenergy’s renewables development activities. CDPQ and Invenergy management remain majority owners […]
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Modern Energy has invested $30 million into the launch and multi-year deployment of Industrial Sun, an Austin-based utility-scale solar developer. “Modern’s experience developing, aggregating, and marketing assets across multiple technologies and regulatory regimes, along with their track record for building novel development platforms from inception to scale, was important to us in looking for a […]
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Palmetto’s Mapdwell division has mapped the solar potential and energy load profiles of over 107 million rooftops – approximately 75% of all U.S. buildings equating to 81% of the U.S. population – using its proprietary technology. Acquired by Palmetto in April 2021, Mapdwell also licenses this data via application programming interfaces (APIs) to utility companies, […]
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Leeward Renewable Energy has selected McCarthy Building Companies Inc. to serve as the engineering, procurement and construction contractor for its Rabbitbrush Solar project – a 100 MW facility that also includes a 20 MW, 50 MWh battery energy storage system. The project will consist of more than 415,000 First Solar thin-film photovoltaic modules. With the […]
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McCarthy Building Companies Inc. was selected to serve as the EPC (engineering, procurement and construction) contractor by Leeward Renewable Energy to construct its Rabbitbrush Solar project, a 100 MW facility, which also includes a 20 MW, 50 MWh battery energy storage system. The project will consist of more than 415,000 First Solar thin-film photovoltaic modules. […]
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Appalachian Power is seeking to acquire or contract for 294 MW of solar and 204 MW of wind power over the next three years as part of its long-range plan to meet the renewable energy targets established by the Virginia Clean Economy Act (VCEA). Passed in 2020 by the General Assembly, the law requires the […]
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Canadian Solar Inc.’s wholly owned subsidiary, Recurrent Energy LLC, has completed a purchase and sale agreement with Appalachian Power for Recurrent’s Firefly Energy solar project, located in Pittsylvania County, Va. With a capacity of 150 MW AC, the Firefly project will be Appalachian Power’s largest solar energy acquisition to date and will help the utility […]
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Bill Parsons has been named American Clean Power Association’s (ACP) new vice president for federal and state affairs. He brings to the job over two decades of legislative and policy experience both inside Congress and on behalf of the renewable energy sector. In this newly created role, Parsons will lead ACP’s federal and state policy […]
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High wind loads increase structural design costs of concentrating solar power (CSP) collector structures, such as heliostats and parabolic troughs. In a new two-year project, the National Renewable Energy Laboratory (NREL) will work with the Department of Energy Office of Energy Efficiency and Renewable Energy’s Solar Energy Technologies Office (SETO) to conduct two comprehensive at-scale […]
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