By George Heynes Global renewable company Low Carbon is set to develop a combined solar capacity of over 75MW across three sites after securing financing from NatWest, Lloyds Bank and AIB. Read Full Article Here For more great articles: News – Solar Power Portal
By Renewable Energy World Leeward Renewable Energy said it completed construction and started operations of its 100 MW Rabbitbrush Solar Facility in Kern County, California. The project includes a 20 MW, 50 MWh battery energy storage system. Energy generated by the project will serve two not-for-profit, community-owned electricity providers, Central Coast Community Energy and Silicon…
By [Energy Central] Jigar Shah LPO is excited to introduce the first installment of our “Next Generation of LPO Financing” illustrated poster series, highlighting the LPO technology sectors used in reporting our application activity every month (see: Energy.gov/LPO/MAAR). Inspired by the iconic Works Progress Administration (WPA) posters of the late 1930’s and early 1940’s, this…
By Billy Ludt Digital commerce company Inxeption has partnered with Utah-based Final Mile Solar to create an end-to-end solar panel offering that covers financing, international logistics, warehousing, rooftop installation and post-install steps. “Final Mile has proven over the past three years that installers around the nation value innovation and services that increase efficiency and decrease…
By Renewable Energy World Idaho-based lithium-ion battery producer KORE Power said it closed on an initial $75 million tranche of a private placement anticipated to total $150 million. Siemens Financial Services was the lead investor. It was joined by Quanta Services, Nidec Motor Corp., Honeywell Ventures, Trog Hawley Capital and an unnamed utility-scale energy storage…
By Patrick Butler Social policy editor Tory-led Essex authority is on brink of bankruptcy and has appealed to government for emergency bailoutA Tory-led council has admitted a series of disastrous investments in risky commercial projects caused it to run up an unprecedented deficit of nearly £500m and brought it to the brink of bankruptcy.The staggering…
By Renewable Energy World Texas-based Activate Renewables, which acquires real estate and royalty interests in wind, solar and energy storage, said it closed on the purchase of a renewable energy real estate portfolio owned by Alchemy Renewable Energy. The portfolio consists of the real estate related to five solar projects located in North Carolina and…
By Renewable Energy World Enel North America said it launched a retail energy business in Texas with a focus on commercial and industrial customers. The venture aims to enable customers to buy renewable energy directly from Enel’s generation assets without having to make a long-term financial commitment through a more conventional power purchase agreement (PPA)….
By Renewable Energy World Dallas-based Leeward Renewable Energy said it closed around $420 million in construction-to-term financing from MUFG Bank Ltd. and a $195 million tax equity commitment from Wells Fargo for its Big Plain Solar Facility in London, Ohio and its Oak Trail Solar Facility near Moyock, North Carolina. MUFG served as the green…
By Renewable Energy World The U.S. Department of Transportation awarded more than $100 million for infrastructure projects to support offshore wind energy projects in and around the Atlantic Coast and Great Lakes. The awards were part of more than $703 million in funding to improve port facilities through the Maritime Administration’s Port Infrastructure Development Program….
By [Energy Central] FORESIGHT Contributor From FORESIGHT Climate & Energy, Watt Matters is a podcast all about the energy transition and the shift to a decarbonised economy Off the back of an intense two weeks in Egypt, the COP27 negotiations were once again deemed underwhelming. There were some successes: Developed countries will provide finance to…
The US Department of Energy (DOE) has announced $13 billion in new finance for expansion and modernisation of the nation’s electricity grid. Read Full Article Here For more great articles: Wind Power News & Analysis RSS Feed
By [Energy Central] Energy in Depth A Democrat and two Republicans on the Baltimore County Council are united in opposition to a proposal from the county’s legal office to potentially pursue a climate lawsuit and award a no-bid contract to Sher Edling LLP, the San Francisco-based plaintiffs’ law firm that has received financial support from…
By Blagojce Krivevski General Motors expects its rapidly growing portfolio of electric vehicles will be solidly profitable in 2025 in North America as the company scales EV capacity in the region to more than 1 million units annually, ramps up its software revenue opportunities, generates significant greenhouse gas benefits and realizes the positive impacts of…
From 1 January 2023, RWE will voluntarily share revenues from all its existing 90 operational onshore wind farms, as well as future renewable energy plants, in Germany with local municipalities, paying them a “climate bonus” of €0.02/kWh. Read Full Article Here For more great articles: Wind Power News & Analysis RSS Feed