By Michelle Froese The Customer Savings Plan is expected to result in the investment of more than U.S. $1.1 billion, while reducing energy costs for customers over the life of the projects. Algonquin Power & Utilities Corp. (APCU) announced that its regulated utility business, Liberty Utilities, has received certificates of convenience and necessity (CC&N) to…
By [email protected] Microgrid startup Go Electric secured a rare cleantech hardware exit when acquired by battery maker Saft this week. The Indiana-based startup builds a compact microgrid controller, promising seamless backup power and integration with many types of energy devices. It made a name for itself when it met the Pentagon’s high bar for durable…
By Kelly Pickerel Solar Power World spoke with Carl Mansfield, VP of system solutions for NantEnergy, about the company’s attempt to take zinc-air batteries mainstream. NantEnergy, which acquired Sharp’s energy storage division and its lithium know-how last year, is improving a zinc-air/lithium hybrid storage system for the C&I and microgrid markets. Mansfield said that finding…
By [email protected] Tendril, the company that’s built up a portfolio of software and services to help utilities manage their residential customers, has acquired FirstFuel Software to expand its offerings to utilities’ commercial and industrial customers as well. This is the third acquisition for Tendril since last year’s major investment, led by private equity firm Rubicon…
By Billy Ludt Nautilus Solar Energy, a national solar acquisition, development and asset management company, is holding a the ribbon-cutting ceremony for its first of three community solar projects serving Orange and Rockland’s utility service territory. Located in Westtown, New York, the 2.83-MW community solar garden covers 15 acres and will provide energy cost savings…
By Kelsey Misbrener Saft has acquired 100% of the shares of Go Electric, a U.S.-based developer of distributed energy resiliency solutions for microgrids and C&I customers. Go Electric’s microgrid power controller technology, combined with energy storage, plays a key role in enabling customer sites to keep power on by islanding them from the grid in…
By Halle Kirsh Thursday, July 18, 2019 2 pm ET / 11 am PT The rise of software tools for accurate solar design, sales, and engineering has given solar installation companies the means to cut their costs of acquiring and servicing customers. Solar software firm Aurora Solar pioneered the use of LIDAR data, which provides…
By [email protected] EcoFactor is one of several startups with a cloud computing platform to manage and analyze data from smart thermostats and other home energy devices. But it also specializes in using that data to monitor and predict performance problems and impending failures of the air conditioners keeping houses cool. That kind of technology could…
By Blagojce Krivevski Volkswagen AG is investing some €900 million in joint battery activities with Northvolt AB. Part of the sum is intended for a joint venture with the Swedish battery cell producer, a further share will go directly to Northvolt AB. In return, Volkswagen will acquire about 20 percent of the shares in Northvolt…
By [email protected] (Eric C. Evarts) National Electric Vehicles Sweden announced last week that it has bought Protean, a British manufacturer of in-wheel motors for electric cars. In announcing the tie-up with NEVS, Protean said the acquisition will speed the rollout of its technologies in next generation electric and self-driving cars, and “paves the way for…
By mmillikin Volkswagen AG is investing some €900 million (US$1.019 billion) in joint battery activities with Northvolt AB. Part of the sum is intended for a joint venture with the Swedish battery cell producer, a further share will go directly to Northvolt AB. Part of the sum is an element of Northvolt’s just-completed $1-billion equity…
By [email protected] Low-carbon investment firm Hannon Armstrong has partnered with developer Summit Ridge Energy to finance community solar projects, the companies announced this week. The companies structured the deal as a joint venture called Summit Ridge Capital, which will invest cash equity in community projects that Summit Ridge Energy develops or acquires. The move adds…
By Alexandre Spatuzza in Sao Paulo Acqusition takes company to third place among wind power operators with more growth planned Read Full Article Here For more great articles: www.rechargenews.com
By Marta Ady Attis Industries has completed the acquisition of a 100 million gallon per year corn ethanol plant and grain malting facility in Fulton, New York from Sunoco, for $20 million (€17.7 million) in cash.According to Attis, the acquisition is a crucial element of its expanding technology portfolio, as it develops the site into…
By Michelle Froese German energy company, innogy, has begun construction on its first U.S. onshore wind farm. The 250-MW Scioto Ridge project in Hardin and Logan Counties, Ohio will consist of 75 Siemens Gamesa wind turbines. In 2018, innogy acquired a 2 GW project pipeline, which included over 20 onshore wind projects at various stages…