By Kelsey Misbrener Tri-State Generation and Transmission Association will close its coal-powered Craig Station by January 1, 2028 and Springerville Station Unit 3 in 2031, and seeks to acquire 1,250 megawatts of new renewable energy resources by 2031, according to the utility’s latest electric resource plan. Western Resource Advocates and other stakeholders worked closely with…
By [Energy Central] Rafael Herzberg New opportunity: mergers and acquisitions There is an increasingly stronger feature on the customer side. From energy industrial, commercial and institutional consumers! It is the contracting of services and not assets. This is what the developed world coined “energy as a service”.: Some “classic” examples: * Contract back-up energy (on-site…..
By [Energy Central] John Benson This EV Post contains the following content: Technology: Fast-Charging vs. Battery-Lifetime BMW Believes its Next-gen EVs will Beat Tesla’s range Tesla 4680 battery cell production breakthrough Business: Volvo Group Acquires Proterra For $210 Million EVs Transform the Auto Industry Future EVs Caddy’s Next EV will be a Compact SUV Read…
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Just over a month after Volta Trucks announced it was filing for bankruptcy, shareholder and lender Luxor Capital Group looks to breathe new life into the commercial EV startup, potentially salvaging hundreds on jobs in the UK. more… The post Hedge fund looks to acquire Volta Trucks from bankruptcy, potentially saving tons of jobs appeared…
By Abigale Sherman Enbridge, a Canadian oil and gas company, has formed a joint venture with EDF Renewables North America to develop and operate the Fox Squirrel solar farm in Ohio. With a capacity of 577MW, this solar plant is being constructed in three phases. Enbridge has acquired a 50% stake in the joint venture,…
By Abigale Sherman Armor Group, a renowned conglomerate, has made a landmark entry into the solar panel industry by acquiring a 20% stake in the French solar panel maker, HoloSolis. The acquisition is a significant move, marking the company’s foray into perovskite-silicon tandem panel production. This venture came about only a week after the Armor…
By Adnan Memija Octopus Energy’s generation arm has made its first offshore wind investment in Germany with […] Read Full Article Here For more great articles: Offshore Wind » News by topic
By Kelly Pickerel New England solar installer ReVision Energy is acquiring Massachusetts-based Sunbug Solar. The acquisition means that ReVision Energy, the largest employee-owned solar installer in the country, will now be able to service more residents and business owners across Massachusetts, Maine and New Hampshire. A larger ReVision Energy with more bandwidth will help Massachusetts…
By Kelsey Misbrener Community solar customer acquisition and management service provider PowerMarket announced a partnership with the City of Kingston, New York to manage subscriber acquisition, billing and customer service for the city’s Kingston Community Solar program. Low-to-Moderate Income (LMI) and state-designated Disadvantaged Community (DAC) households will have access to locally generated solar power, delivering…
By Kelsey Misbrener On a November 2 earnings call, ADT announced it is restructuring its solar business it acquired from Sunpro in 2021. ADT Solar will be “focusing on the top performing markets and rationalizing the overhead and infrastructure of the business accordingly.” ADT said its total solar revenue for Q3 2023 was $58 million,…
By [Energy Central] Energy in Depth Everything old is new again. This week, U.S. Senator Sheldon Whitehouse (D-RI) came back with a revised version of his spectacularly incorrect “price gouging” theory. Speaking to E&E News about ExxonMobil’s and Chevron’s recently proposed acquisitions, Sen. Whitehouse made the bizarre claim that oil majors are looking for deals…
By Kelsey Misbrener Sunlight Financial Holdings announced that it will be acquired by a consortium of established investors in the solar energy industry, including an affiliate of Greenbacker Capital Management, Sunstone Credit, IGS Ventures and others, as well as its secured lender, Cross River Bank, and has entered into a Restructuring Support Agreement to reduce…
By Kelsey Misbrener Aspen Power announced it has completed construction on 14 solar projects that the company acquired from Inman Solar in Georgia. The projects total 49.4 MWDC of generation capacity, with Aspen Power acting as the long-term owner and operator. Inman Solar originated and developed the projects and provided engineering, procurement and construction (EPC)…
By [Energy Central] Charley Rattan Oslo and London, October 25, 2023: Yara Growth Ventures AS, the venture investment arm of Yara International ASA (together, “Yara”), and Navigator Holdings Ltd. (NYSE: NVGS) (“Navigator”) today announced that they have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions AS (“Azane”). Azane, a joint…