By [email protected] EVgo, which owns one of the United States’ biggest electric vehicle charging networks, is following in the footsteps of rival EV charging provider ChargePoint in seeking to become a publicly traded company via a special-purpose acquisition company (SPAC) reverse merger. In EVgo’s case, its move to public markets will come along with a…
By Alice Grundy Solar Power Portal caught up with James Armstrong, managing partner of Bluefield Partners, to discuss how the recent acquisition of a 70MWp asset reflects Bluefield’s solar strategy, whether subsidy-free developments are still on the table and how the solar sector may see significant growth in 2022/23. Read Full Article Here For more…
By [email protected] Norwegian investment giant Aker announced Tuesday it had taken a majority stake in Mainstream Renewable Power, the global wind and solar project developer. The transaction sees Aker’s cleantech investment subsidiary Aker Horizons paying 758 million euros (USD $919 million) for a 75 percent stake in Mainstream, valuing the Dublin, Ireland-based developer at €900…
Read Full Article Here For more great articles: PV-Tech
Investment company Aker Horizons acquires Mainstream Renewable Power, valuing the solar and wind project developer at €1bn Read Full Article Here For more great articles: PV-Tech
By [email protected] Total has acquired a stake in India’s Adani Green Energy (AGEL), a move that continues to push the French oil major ahead of its European peers when it comes to renewables. AGEL has 3 gigawatts of operating renewable capacity, another 3 GW under construction and 8.6 GW in development, adding up to 14.6…
By [email protected] Proterra, builder of electric buses, heavy-duty vehicle drivetrains, batteries and charging systems, plans to go public on the Nasdaq exchange via a merger with a special-purpose acquisition company (SPAC), the latest in a string of EV companies seeking access to public market financing to meet growing demand. Tuesday’s announcement sets the Burlingame, Calif.-based…
By Edith Hancock UK investor Bluefield Solar Income Fund (BSIF) has acquired a fully operational 70MWp solar park in Wiltshire. Read Full Article Here For more great articles: News – Solar Power Portal
By Sara Canadian pension giant acquires 171MW Finnish treble Read Full Article Here For more great articles: reNEWS – Renewable Energy News
By Billy Ludt Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 144-MW Pflugerville Solar project from Recurrent Energy, a wholly-owned subsidiary of Canadian Solar. The project is under construction in Travis County, Texas, and is expected to achieve commercial operation in mid-2021. The energy generated from the Pflugerville Solar project will…
By Kelly Pickerel Solar developer SPI Energy announced that its wholly owned subsidiary SolarJuice American has acquired the consumer contracts of Petersen-Dean, previously one of the largest privately-held roofing and solar companies in the United States. Petersen-Dean filed for Chapter 11 bankruptcy in June 2020. Petersen-Dean (also branded as PetersenDean and Solar4America) was generating over…
By Olufola Wusu The 2020 Marginal Field Bid Round (Bid Round) is making progress in Nigeria!The Department of Petroleum Resources (DPR) says 161 successful companies have been shortlisted to advance to the next and final stage of the bid round process for 57 marginal oilfields in the country.The Bid Round is a golden opportunity for…
By Molly Lempriere British utility E.On has acquired a 49% share of residential and commercial solar energy company Eco2Solar. Read Full Article Here For more great articles: News – Solar Power Portal
By Billy Ludt Distributed Solar Development (DSD) has acquired a two-project, 10-MW community solar portfolio in Lenox, New York. “This acquisition materially increases DSD’s New York community solar portfolio, which the company will continue to expand in 2021,” said Jon Morton, VP of acquisitions at DSD. Both projects are ground-mounted and were purchased 75% complete…
By Billy Ludt Agilitas Energy, an energy developer with a portfolio in the Northeast, has acquired an 8.9-MW solar + energy storage project in Rochester, Massachusetts on 38 acres of land. The project is currently under construction. Agilitas is working in with Rochester’s Planning Board and the Conservation Committee to sustainably construct the solar project….