By [email protected] Solar loans started outperforming third-party-owned solar in early 2018. According to a new WoodMac report, the first half of 2019 saw loans claim a majority of the solar financing market first time, at 55 percent market share. Loan providers are continuing to build networks of installer partners around the country. Many are also…
By Billy Ludt Greenbacker Renewable Energy has reached an agreement with Prism Power Partners to acquire Electric City Solar, a 19-MW construction-ready solar project in Michigan with a 25-year municipal offtake agreement. The transaction marks another successful acquisition of a contracted utility-scale solar project for Greenbacker. “Greenbacker is excited to acquire a long-term contracted asset…
By [email protected] This is a branded podcast made in collaboration between CohnReznick Capital and GTM Creative Strategies. Sheslie Royster is the person that big companies turn to when making an acquisition, investing in real estate, or finding a creative way to use tax credits. She’s a tax expert, focused mostly in wind and solar. Those…
By [email protected] Enel X has completed the largest battery storage project in New York City, using an unusual business model to break through in a tough market. New York City consumes a tremendous amount of electricity in a congested part of the grid, creating potential business opportunities for batteries to store power locally, without emitting…
By [email protected] Chandu Visweswariah is founding president and CEO of Utopus Insights, a New York-based energy analytics company acquired last year by Vestas. *** Competitive markets are wonderful crucibles of innovation. With decades of accumulated manufacturing experience for use in portable electronics, lithium-ion battery prices have steadily dropped. As a result, larger battery products for…
By [email protected] British oil and gas supermajor BP has increased its ownership in solar developer Lightsource BP, while announcing a new corporate renewable power purchase agreement with Amazon Web Services (AWS) in Europe. Working through its trading and supply business, BP will supply AWS with 172 megawatts of power from solar farm in Spain and…
By Richard A. Kessler in Fort Worth The Danish company is moving to fully integrate US wind, solar and battery storage project developer Lincoln Clean Energy acquired last year Read Full Article Here For more great articles: www.rechargenews.com
Firm invests to acquire undisclosed share in local firm managing 170MW PV portfolio. Read Full Article Here For more great articles: PV-Tech
By [email protected] A group led by Mitsubishi beat out other bidders including Shell in reaching a €4.1 billion ($4.5 billion) deal to buy Dutch energy company Eneco, which the Japanese conglomerate intends to make the centerpiece of its growth in the European energy market. The winning consortium includes Mitsubishi, with an 80 percent stake, and…
By Jerrod Downey We walk through the history of Ritchie Brothers including expanding into a global company, reaching major financial milestones, and the strategy that made them the largest equipment auctioneering company in the world. We look at their acquisitions, including IronPlanet and how they have been able to integrate technology and company cultures. Kieran…
By [email protected] Denmark’s Ørsted is the leading developer of U.S. offshore wind projects and, thanks to its acquisition of Lincoln Clean Energy last year, a major player in onshore wind. Next on the agenda: utility-scale solar and storage. Ørsted on Wednesday announced plans to build a 460-megawatt solar-plus-storage project in West Texas, near existing oil…
By Marta Ady Forest fires in California have delayed planned financing for a biomass project in the US state. Waste gasification technology firm EQTEC had agreed to acquire a 20% stake in the North Fork Community Power (NFCP) facility – one of the first forest-sourced biomass gasification plants in California. However, major forest fires have…
By [email protected] At a time when analysts are watching with interest to see where European energy storage projects are going to find their future revenue, French utility giant EDF gave its backing to one prospective model this week. Its acquisition of the U.K. battery storage and electric vehicle infrastructure developer Pivot Power is a nod…
By [email protected] Shell has acquired the floating wind specialist Eolfi. The French developer will become a subsidiary of Shell New Energies. Eolfi is building a three-turbine pilot project off the north coast of France in waters too deep for fixed bottom structures. It will use MHI Vestas turbines. It also has a portfolio of onshore…
By Nadja Skopljak The European Commission has approved the acquisition of joint control over the transmission operator […] [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Read Full Article Here For more great articles: Offshore Wind » News by topic