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Invenergy Gets $1 Billion Blackstone Follow Up

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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TransWest Express Transmission Project Breaks Ground in Wyoming

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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Arizona Governor Nixes Confusing Renewable Energy Bill

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 Adding 550 MW of Solar to Portfolio

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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BLM Proposes Rules for Energy Projects on Public Lands

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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Standard Solar Augments Portfolio with Lehigh University Project

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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Altus Power Gets Capital to Finance Added 35 MW of Operating Assets

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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First Solar Unveils Novel Bifacial Thin-Film PV Module

First Solar Inc. is planning a limited production run of the world’s first bifacial solar panel utilizing an advanced thin-film semiconductor. The fully functional pre-commercial Series 6 Plus Bifacial photovoltaic (PV) module made its industry debut at Intersolar Europe in Munich, Germany. The module, which is undergoing field and laboratory testing, builds on the track […]

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Solstice and Reactivate Expand Energy Access Across the U.S.

Reactivate, a joint venture of Invenergy and Lafayette Square, and Solstice Power Technologies have entered into an agreement in which Solstice will provide subscriber acquisition and ongoing subscriber management services to Reactivate community solar projects across the United States over the next several years. Reactivate and Solstice will unite to achieve their shared goals of […]

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Holcim US Invests in Major Midwest Solar Venture

Holcim US, a Chicago-based company providing sustainable building solutions, will make a significant clean energy investment in northeast Michigan with a new partnership to bring the company’s largest solar project in the Midwest to its own cement plant in Alpena. The project’s 25 MW solar array will be optimized for maximum energy yield with fixed-tilt […]

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CVS Health Agrees to Purchase Renewable Energy

CVS Health has entered an 18 MW agreement with Constellation to purchase zero-emission, renewable energy equivalent to the annual electricity use of its 147 CVS Health locations throughout Michigan. Through a 12-year agreement beginning in April 2025, CVS Health will purchase energy and renewable energy certificates (RECs) from Swift Current Energy’s Double Black Diamond Solar […]

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BayWa r.e. and Meyer Burger Ink Solar Panel Procurement Agreement

BayWa r.e., a fully integrated utility-scale solar developer based in California, is partnering with Meyer Burger Technology AG, a global solar technology company headquartered in Switzerland, to procure high-performance solar panels from its production site in Goodyear, Ariz. The offtake agreement is one of two Meyer Berger initiated this spring, resulting in the increase of […]

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