Tagged * Renewable Energy™

Shell to become clean energy provider with acquisition of Inspire

By Renewable Energy World Inspire, a company that purchases renewable energy credits (RECS) and retires them on behalf of its customers, announced it has signed an agreement to become a wholly owned subsidiary of Shell New Energies US LLC. As part of Shell, Inspire intends to rapidly scale its offering of access to sustainable energy…

In Wisconsin, conservatives make the case for third-party community solar

By Renewable Energy World by Kari Lydersen, Energy News Network A conservative-led alliance of farming, construction, and clean energy groups is pushing new legislation in Wisconsin meant to create competition and accelerate the development of subscriber-backed community solar projects. Backers of the bill (LRB 1902) say it would facilitate a significant increase in the state’s…

Siemens and German utility to develop giant Li-Ion battery project

By Renewable Energy World The need to ensure renewable energy resources can meet baseload power demand is intensifying the race for giant battery storage systems across Europe. Siemens Smart Infrastructure and German grid operator Zukunftsenergie Nordostbayern GmbH are the latest companies to join the race to improve battery storage, by planning to develop a 100-MW…

Enel Green Power grows US portfolio with 450MW solar+storage

By Renewable Energy World Enel Green Power North America has acquired a 3.2GW solar portfolio, including 450MW solar-plus-storage projects, from Dakota Renewable Energy. The portfolio comprises 24 projects in the development stage, will be located in the Mid-Atlantic, Midwest and Western United States and are planned for commercial operation beginning in 2023. “While momentum continues…

Sustainable infrastructure developer, Generate Capital, raises $2B

By Renewable Energy World Generate, a sustainable infrastructure company, yesterday announced it has raised $2 billion in corporate equity from institutional investors to accelerate the deployment of sustainable infrastructure. Existing investors AustralianSuper and QIC led the fundraising round with new investment from Harbert Management Corporation, Aware Super, and CBRE Caledon. Generate said the fundraising tapped…

Borrego to build 6.7-MW community solar array in Maine

By Renewable Energy World CleanCapital announced today that it has partnered with EPC and O&M provider Borrego to construct a 6.7-MW distributed generation solar project in Maine. The project will benefit from Maine’s Net Energy Billing (NEB) kWh Program and will sell power to residential off-takers at a fixed discount to the prevailing utility rate…

Study evaluates biodiversity impacts of alternative energy strategies

Climate change mitigation efforts have led to shifts from fossil-fuel dependence to large-scale renewable energy. However, renewable energy sources require significant land and could come at a cost to ecosystems. A new study evaluates potential conflicts between alternative energy strategies and biodiversity conservation. Read Full Article Here For more great articles: Renewable Energy News —…

Another clean energy company goes public via a SPAC

By Renewable Energy World On Friday, solar financing company Sunlight Financial announced the closing of its previously-announced business combination with Spartan Acquisition Corp. II, a publicly-traded special purpose acquisition company (SPAC) sponsored by funds managed by an affiliate of Apollo Global Management, Inc. Sunlight partners with contractors nationwide to provide homeowners with financing for the…

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