Tagged Investing

Expensive gas ≠ more LNG

By Seb Kennedy They say the cure for high prices is high prices. The spectacular global rally in natural gas prices since last summer, which was put on a war footing with Russia’s invasion of Ukraine, has duly reignited investor interest in liquefied natural gas (LNG) export projects. However, that economic maxim holds true only…

How data is unlocking the next frontier for renewable energy

By Renewable Energy World Contributed by Lau Skovgaard, Director of Renewables, Cognite The energy transition is well underway. Today, we have more renewable energy generation than ever before and investment in this generation is expected to make up more than 70% of all investment dollars for 2021, far surpassing all other supply types. All this…

Q CELLS to double solar manufacturing capacity in the U.S.

By John Engel Follow @EngelsAngle The Q CELLS solar module manufacturing facility, seen here from above, is the largest in the U.S. with a capacity of 1.7 GW per year. (Courtesy: Q Cells) Korean solar energy giant Hanwha Solutions, the parent company of Q CELLS, said it plans to nearly double its U.S. manufacturing capacity….

19 bipartisan governors ask Commerce to speed solar panel investigation

By Kelsey Misbrener On May 16, a bipartisan group of 19 governors sent a letter to President Joe Biden and Commerce Sec. Gina Raimondo urging the Biden administration to expedite its review of the anti-circumvention solar tariff case. The signatories, ranging from governors of Arkansas and Indiana to Massachusetts and Oregon, note the significant market…

Solar developer BlueWave acquired by Axium Infrastructure

By Renewable Energy World BlueWave, a Boston-based solar and energy storage developer that specializes in dual-use projects, has been acquired by infrastructure investment management firm Axium Infrastructure. The purchase price was not disclosed. Subscribe today to the all-new Factor This! podcast from Renewable Energy World. This podcast designed specifically for the solar industry launches May…

Community solar developer BlueWave acquired by investment firm BlueWave says the acquisition will allow it to expand its model from development to project ownership and management.

By Kelsey Misbrener BlueWave, a Boston-based solar and energy storage developer and certified B Corp, and Axium Infrastructure, an infrastructure investment management firm, announced that an Axium-managed fund has acquired BlueWave. Under the terms of the acquisition, BlueWave will keep its name and entire team in place as the company focuses on the growth of…

Climate chaos certain if oil and gas mega-projects go ahead, warns IEA chief

By Fiona Harvey, Matthew Taylor and Damian Carrington Fatih Birol says ‘carbon bombs’, revealed in Guardian investigation, will not solve global energy crisisThe world’s leading energy economist has warned against investing in large new oil and gas developments, which would have little impact on the current energy crisis and soaring fuel prices but spell devastation…

Commerce Secretary: 200% solar tariff ‘exceedingly unlikely’ in Auxin case

By John Engel Follow @EngelsAngle Speaking before a Senate subcommittee, Commerce Secretary Gina Raimondo said the chance of her agency implementing a 200% tariff on solar modules implemented from Southeast Asia is “exceedingly unlikely.” Raimondo’s testimony before the Senate subcommittee on May 11 came as lawmakers on both sides of the aisle have questioned Commerce’s…

2 solar projects totaling 198 MW commence operations in Illinois

By Billy Ludt D. E. Shaw Renewable Investments‘ (DESRI) Prairie State Solar and Dressor Plains Solar projects have reached commercial operation in Illinois. They are each 99 MWac solar facilities, with Prairie located in Perry County and Dressor located in Fayette County. Both projects were developed in partnership with Ranger Power, a Chicago-based utility-scale solar…

Meta commissions 112-MW Michigan wind project

By WPED Staff Algonquin Power & Utilities‘ subsidiary Liberty is developing a 112-MW wind project in Michigan to support Facebook’s parent company, Meta, in reaching its renewable energy goals. The new Deerfield II wind project is expected to reach commercial operations in 2023. Deerfield II is located in Huron County, Michigan, adjacent to Liberty’s Deerfield…

California proposes strong offshore wind goals

By John Engel Follow @EngelsAngle California could feasibly and responsibly develop as much as 3 GW of offshore wind by 2030, 10-15 GW by 2045, and 20 GW by 2050, according to proposed targets from the state’s energy planning agency. The California State Assembly directed the California Energy Commission (CEC) to evaluate the maximum capacity…

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