Gov. Kathy Hochul is releasing $16.6 million in awards for five long-duration energy storage projects that will help harness renewable energy and provide stored energy to New York’s electric grid. Hochul also announced an additional $17 million in competitive funding available for projects that advance development and demonstration of scalable, innovative long-duration energy storage technologies, […]

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The Inflation Reduction Act (IRA) will help the U.S. solar market grow 40% over baseline projections through 2027, equal to 62 GW of additional solar capacity, according to new forecasts in the U.S. Solar Market Insight Q3 2022 report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. According to […]

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Renewable Properties, a developer, owner and investor in small-scale utility and community solar projects, has completed tax equity funding for 11.6 MW of solar projects with KeyState Renewables’ SOLCAP solar tax equity fund for community and regional bank investors. The Fund 6 Portfolio consists of three solar projects. Two New York community solar projects, the […]

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John Podesta was named by President Joe Biden to serve as senior advisor to the president for clean energy innovation and implementation. Ali Zaidi was promoted to assistant to the president and national climate advisor. In his new role, Podesta will oversee implementation of the Inflation Reduction Act’s expansive clean energy and climate provisions and […]

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Saxon Capital Group Inc. and Saf-Glas LLC have signed an agreement whereby Saxon Capital Group acquired exclusive worldwide rights to manufacture and sell EnergyGlass Architectural Glass products, which can be used for buildings, greenhouses, homes and more. The agreement for worldwide exclusivity gives Saf-Glas LLC’s management controlling interest of Saxon Capital. In addition, Saxon acquired […]

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Boviet Solar Technology Co. Ltd., a global solar energy technology company specializing in the manufacturing of PERC PV cells, Gamma Series monofacial and Vega Series bifacial PV modules, has signed an additional purchase order for more than 400 MW of solar capacity with solar and energy storage developer Origis Energy. Together with the original 700 […]

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Forest Road Renewables, a climate-focused infrastructure platform within The Forest Road Co., has made a $36 million strategic investment in Pathway Power LLC, a renewable energy and battery storage developer. The funding will enable Pathway Power to continue scaling its portfolio of clean energy projects built to deliver over 2 GW across North America. Pathway […]

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John Podesta was named by President Biden to serve as senior advisor to the President for clean energy innovation and implementation. Ali Zaidi was promoted to assistant to the President and national climate advisor. In his new role, Podesta will oversee implementation of the Inflation Reduction Act’s expansive clean energy and climate provisions and will […]

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Catalyst Power Holdings LLC, an integrated provider of cleaner energy solutions for the commercial and industrial sector, has acquired the assets of Northeast Expense Reduction Services, a New York-based energy advisor. The acquisition deepens Catalyst Power’s role in central and western New York’s energy transition allowing it to expand on its mission of helping its […]

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Reliance Industries Ltd. (RIL) has signed definitive agreements to acquire a majority stake in SenseHawk Inc. for a total transaction value of $32 million, including funding for future growth, commercial rollout of products, and R&D. Founded in 2018, SenseHawk is an early-stage developer of software-based management tools for the solar energy generation industry. SenseHawk helps […]

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Duke Energy Indiana’s solar energy facility at Toray Resin Co.’s Shelbyville campus is now in service. The new facility is capable of generating up to 900 kW of electricity to help power the plastics manufacturer’s operations while offsetting carbon emissions. The solar project is the first to come from a Duke Energy pilot program that […]

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Cypress Creek Renewables has closed on $216 million in financing for its Zier Solar and Storage project. The project, located in Kinney County, Texas, is a 208 MW solar farm with a 40 MW/80 MWh battery energy storage system (BESS). Once completed, the project will add installed renewable energy capacity and battery storage to the […]

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